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This Isn’t the First Misstep for Powell’s Fed

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The Atlantic

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Talking Points Memo

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Fox News

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The Hill

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The Guardian

  • Brazil’s president rebuffs demand to cease inquiry into Bolsonaro after Trump tariffs – as it happened

    This live blog is now closed. To read more on the day’s happenings, see:Trump targets Brunei, Libya and Moldova with latest threat of US tariffsTrump says Bolsonaro ‘not guilty of anything’ amid Brazil coup trialThe US justice department has sued California over state policies allowing transgender athletes to compete in girls’ school sports, alleging that allowing them to do so violates federal anti-discrimination laws.The lawsuit, filed in federal court in Los Angeles, claims that California’s policies violate Title IX, which affords legal protection against sex discrimination.Our Fed Rate is AT LEAST 3 Points too high. “Too Late” is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing costs. No Inflation, COMPANIES POURING INTO AMERICA. “The hottest Country in the World!” LOWER THE RATE!!!ANYBODY BUT “TOO LATE.”In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.Anybody would be better than Jay Powell. He’s costing us a fortune because he keeps the rate way up. Continue reading...

  • Trump news at a glance: president demands Bolsonaro trial be stopped as he hits Brazil with 50% tariff

    Trump calls for end to prosecution and also targets other countries with steep levies while Washington sanctions UN official over Gaza – key US politics stories from Wednesday 9 JulyDonald Trump has slapped a 50% tariff on Brazil over what he called the “witch-hunt” against former president Jair Bolsonaro and demanded that it end immediately.The US president said the levy on Brazil would be “separate from all sectoral tariffs” as he also targeted seven other countries for steep tariffs and criticised the trial of Bolsonaro, whom he has described as a friend and hosted at his Mar-a-Lago resort. Continue reading...

  • Trump administration reportedly planning to fire 2,145 Nasa employees

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  • DoJ subpoenas clinics and doctors who offer gender-affirming care to minors

    It was not immediately clear to whom the requests were sent and the kind of information that was requestedThe US Department of Justice said on Wednesday it had sent more than 20 subpoenas to clinics and doctors who offer gender-affirming care to minors.It was not immediately clear to whom the requests were sent and the kind of information that was requested. Continue reading...

  • US supreme court blocks Florida from enforcing anti-immigration law

    Judge finds Republican-crafted law probably unconstitutional for encroaching on federal authorityThe US supreme court maintained on Wednesday a judicial block on a Republican-crafted Florida law that makes it a crime for undocumented immigrants in the United States to enter the state.The justices denied a request by state officials to lift an order by the Florida-based US district judge Kathleen Williams that barred them from carrying out arrests and prosecutions under the law while a legal challenge plays out in lower courts. Williams ruled that Florida’s law conflicted with the federal government’s authority over immigration policy. Continue reading...

Politico

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NPR

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Five Thirty Eight

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