Trump, Stock futures and Day tariffs
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Rep. Eli Crane (R-Ariz.) quipped on X early Thursday morning that “perhaps a federal judge will intervene and extend your scheduled time” after tech billionaire Elon Musk announced the end of his work with the Department of Government Efficiency, which was tasked with cutting down the size of the federal government.
Live updates and the latest news on the Trump administration as Elon Musk leaves the White House and a federal trade court rules against Trump's tariffs.
The justices appear to be trying to avoid a direct conflict with the Trump administration while also blocking certain presidential actions.
In the early months of Trump’s administration, Musk was a central figure often spotted around the White House and Mar-a-Lago. However, he has shied away from national politics in recent weeks as his businesses took a hit from his involvement with the government.
Donald Trump ’s biographer has given some insights into the way he thinks the president perceives the Black community.
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Some social media speculation is that the president is cutting billions of dollars in funding to the Ivy League institution because it rejected his son as a student.
The Trump administration’s latest salvos include asking federal agencies to cancel about $100 million in contracts with the Ivy League school. The government already canceled more than $2.6 billion in federal research grants, moved to cut off Harvard’s enrollment of international students and threatened its tax-exempt status.
In the latest escalation of its feud with Harvard University, the Trump administration revoked the school's ability to enrol foreign students attending the school on visas. Harvard responded with a lawsuit and won, temporarily blocking the rule.
Funding fight: The Trump administration has frozen more than $3 billion in federal funding to the university, and Mr. Trump has said he would like to revoke Harvard’s tax-exempt status. This week the administration said it would also cancel the federal government’s remaining contracts with Harvard, worth an estimated $100 million.
As the White House redirects counterterrorism personnel and funds toward mass deportations, a state-level scramble is on to preserve efforts once supported by Washington. The result is a patchwork approach that leaves many areas uncovered.
Mary Barra said at the Wall Street Journal’s Future of Everything conference in New York City she learned lessons from previous talks with Trump.