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The Latest Breaking News from Thom Tillis

Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We have our answer

Republican sources told Fortune it was unlikely Warsh himself would be the cause of any vote against his candidacy, while Democrat sources say there is little he could do to convince critics that he isn’t a puppet of the White House.

Fortune

Trump news at a glance: president renews threats against federal reserve chair, pushes his replacement

Trump reiterated his claim that Powell is doing a ‘bad job’ as justice department continues with criminal investigation into Powell over renovations at the Fed’s headquarters – key US politics stories from 15 April at a glance

The Guardian - US

Trump threatens to fire Fed chair Jerome Powell amid pressure campaign

US president says he has ‘held back’ on firing the head of the Federal Reserve leading up to end of Powell’s term in May

The Guardian - US

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Stocks Rally on a Push for Diplomacy to End US-Iran War

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.81%. June E-mini S&P futures (ESM26 ) rose +1.18%, and June E-mini Nasdaq futures...

Barchart

Stocks Rally on US-Iran Peace Hopes and Cooler PPI Growth

The S&P 500 Index ($SPX ) (SPY ) today is up +0.77%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.98%. June E-mini S&P futures (ESM26 ) are up +0.73%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb on US-Iran Peace Talk Optimism and a Favorable PPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.76%. June E-mini S&P futures (ESM26 ) are up +0.49%, and June E-mini Nasdaq futures...

Barchart

Victims of Camp Lejeune’s tainted water inch closer to amends

Decades of anger and frustration are turning into cautious optimism for some victims of contaminated drinking water at Marine Corps Base Camp Lejeune, as about two dozen of more than 3,700 lawsuits seeking compensation for damages appear headed for trial later this year in federal court in North Carolina. Once…

Roll Call

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DHS secretary calls for US states to lead disaster response instead of Fema

Markwayne Mullin visits Asheville to survey Hurricane Helene recovery in first big trip since Kristi Noem’s ouster

The Guardian - US

Under Noem, FEMA was led by obscure contractor who targeted funding for Muslims, state of California and climate change

Kara Voorhies, a contractor with no emergency management experience, was invited into high-level meetings at FEMA and may have been paid as much as $1M

The Independent UK

One Republican can be a major thorn in Trump’s side and put the kibosh on his nominees to fill top jobs

ANALYSIS: Sen. Thom Tillis and Trump have clashed repeatedly. But, Eric Garcia writes, the North Carolina Republican has the ability to block some of Trump’s most important nominees

The Independent UK

Trump Accused Of Gutting State Department, Leaving Iran Crisis In Hands Of 'Real Estate Developer' Jared Kushner

Explore how Jared Kushner, a real estate developer, became the lead US negotiator in nuclear talks with Iran, amid criticism and conflict of interest concerns.

International Business Times UK

Republican senators McConnell and Tillis break with Trump on Nato withdrawal

They warned leaving the alliance would aid rivals, threaten US security and require Senate approval under 2024 law

The Guardian - US

Senate to stay on SAVE after recess

It was a beautiful, warm Sunday in Washington, D.C., and Sen. Lisa Murkowski was leaving the Capitol to go “pot some plants.” The Alaska Republican, along with her Senate colleagues, were in town that day for a rare weekend session to continue extended debate on the GOP’s voter ID bill…

Roll Call

Battle over Trump’s SAVE Act must have John Thune missing ‘Majority Leader’ Mitch McConnell by now

ANALYSIS: The current leader is now faced with the ultimate temptation, writes Eric Garcia — whether to go nuclear and end the filibuster in the Senate. It’s a sword of Damocles that Thune has had over his head ever since he took the mantle from McConnell after Trump came back…

The Independent UK

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Euronews

US senators target Hungary with sanctions bill over Russian energy ties and Ukraine obstruction

Bipartisan US senators have introduced the Block Putin Act, which would impose visa bans on Hungarian officials accused of enabling Russian energy purchases and blocking EU aid to Ukraine.

Roll Call

Democrats’ plaque ceremony was missing two things

Democratic lawmakers gathered on the Upper West Terrace of the Capitol, overlooking the National Mall, to honor officers who defended Congress during the Jan. 6, 2021, attack with a commemorative plaque. But two things were missing — Republicans and the plaque itself. The plaque is instead installed on a stone…

The Independent UK

Dr. Casey Means’ surgeon general nomination stalled as GOP senators cast doubt

Dr. Means, a 38-year-old Stanford-educated physician, became disillusioned with traditional medicine and did not complete her surgical residency

The Independent UK

Stephen Miller is pushing states to stop educating undocumented children

White House immigration hardliner challenged lawmakers to pass bill blocking funding and asked: ‘Do we have a RINO problem in Texas?’

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Latin Times

Stephen Miller is Most Unpopular Political Figure In The U.S.: Rand Paul, Scott Bessent and Pam Bondi Follow

White House Deputy Chief of Staff Stephen Miller ranks as the most unpopular political figure in the United States, according to a new polling average cited by Migrant Insider

Latin Times

Republican Sen. Says He Doesn't know What Is Trump's Main Goal In Iran War: 'It's a Real Problem'

Republican Senator Thom Tillis said he doesn't know what President Donald Trump's main goal in the Iran war is, and must spell it out if he is to support the Pentagon's request for additional funds for it.

The Times of India

‘What are we trying to accomplish?’: Trump faces pressure from lawmakers over clear Iran war strategy as costs and casualties mount

Three weeks into a military campaign against Iran, President Trump faces congressional scrutiny over strategy and funding. Lawmakers demand clear objectives as 13 US service members have been killed. Trump is considering winding down operations, but the War Powers Act necessitates a clear exit strategy or authorization after 45 days.

Fortune

Trump started a battle with Jerome Powell, but the Fed chairman is winning the war: He won't leave until probe is 'well and truly over'

"If my successor is not confirmed by the end of my term as chair, I would serve as chair until he is confirmed. That is what the law calls for."

Axios

Fed keeps rates on hold, Powell says he will remain in place until successor confirmed

The Iran war's oil shock is creating uncertainty for Fed policymakers.

The Independent UK

Democrats are eyeing a midterms wave and Republicans are feeling blue over this recent voting trend

ANALYSIS: Democratic voters can’t wait to kick out the Republicans in this November’s congressional races, primary turnout indicates. Eric Garcia explains why that is a terrible sign for the GOP

The Independent UK

Trump pushes Senate Republicans to the brink with voter ID demands

ANALYSIS: Donald Trump is fracturing his party’s Senate caucus while Democrats are finally speaking in unison. The SAVE Act’s failure may be more trouble than it’s worth for Republicans, writes John Bowden

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