US Senate approves $9 billion in cuts to public broadcasting and foreign aid
• Jul 17, 2025, 5:24 PM
1 min de lecture
US Senate Republicans have voted to cut $9 billion from public broadcasting and foreign aid – a victory for US President Donald Trump, who has repeatedly criticised PBS and NPR. Meanwhile, Trump is scaling up his pressure campaign against Fed Chair Jerome Powell and taking credit for an ingredient swap at Coca-Cola.
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Concern over central bank independence after Trump push to fire Fed governor
• 7:41 PM
1 min
Treasury yields climb and dollar falls as investors grow increasingly concerned about the Federal Reserve's independence. French Prime Minister François Bayrou's decision to call a confidence vote in his government sends markets into a tailspin... And t
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Trump orders dismissal of Federal Reserve Governor Lisa Cook
• 9:36 AM
1 min
In an unprecedented move, US President Donald Trump announced on Monday that he'd fired Federal Reserve Governor Lisa Cook over allegations of mortgage fraud. The Biden appointee denied that Trump had the authority to do so and vowed not to step down. Th
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