A new memo being sent to House Republicans on Monday is encouraging them to tout new work requirements for Medicaid and federal food benefits, as lawmakers return to their districts for Congress’ annual August recess period. Democrats and Republicans are locked in a messaging war over President Donald Trump’s ‘big, beautiful bill,’ a fight that’s only expected to intensify as ...
A Senate Republican wants to crack down on public officials who use their position to grow their wealth. Sen. John Cornyn, R-Texas, is set to introduce legislation that would create stiffer penalties for public officials who commit federal bank fraud, tax fraud, or loan or mortgage fraud. Cornyn’s bill comes on the heels of two such instances where top officials ...
President Donald Trump told reporters on Sunday that nuclear submarines he ordered to counter Russia are now ‘in the region’ ahead of U.S. special envoy Steve Witkoff’s visit. Before boarding Air Force One in Allentown, Pa., to return to Washington, D.C., Trump was asked if the nuclear submarines had already been deployed to ‘face Russia.’ Trump said on TRUTH Social ...
Adam N. Michel The newly created Trump Accounts in the One Big Beautiful Bill are being pitched as a way to boost savings, build generational wealth, and possibly replace Social Security. They are unlikely to do any of those things. The accounts are seeded with a $1,000 federal deposit for babies born before 2029. But the accounts offer limited additional ...
Colin Grabow Seven years ago, the Cato Institute launched its project on reforming the Jones Act—the 1920 law that restricts intra-US water transport to vessels that are US-flagged, US-owned, and built in US shipyards—with the release of its first policy analysis scrutinizing the law. Since then, the Jones Act has received considerable attention, numerous bills have been introduced aimed at ...
Four Cymru has announced a strategic partnership with Wales Tech Week 2025, the country’s leading international tech summit, to champion Welsh innovation, talent and ambition on the world stage. Taking place from 24–26 November 2025 at the ICC Wales in Newport, the event will bring together technology pioneers, investors, policymakers and industry leaders from across the globe to connect, collaborate ...
Chancellor Rachel Reeves is facing renewed pressure to impose VAT on private healthcare, with former Labour leader Lord Neil Kinnock calling for the move as a means of raising billions in extra funding for the NHS. With Labour’s autumn Budget on the horizon and mounting fiscal pressures following recent U-turns on welfare reform and winter fuel payments, Kinnock has urged ...
President Donald Trump alleged that Senate Democrats are possibly delaying his nominees in exchange for money in a heated post on Truth Social Sunday night. In the post, Trump accused Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., of slowing down the confirmations of more than 150 executive nominees. ‘Democrats, lead[sic] by Cryin’ Chuck Schumer, are slow walking ...
High street banks have lost £100 billion in deposits over the past five years, as UK savers increasingly turn to online challengers, specialist lenders and building societies offering more competitive interest rates, according to a new report by KPMG. The professional services firm said the traditional banks’ share of the UK deposit market fell from 84% in 2019 to 80% ...
The number of green energy tariffs available to UK households has fallen sharply, as consumers opt for affordability over sustainability amid the ongoing cost of living crisis. According to data from uSwitch and energy consultancy Cornwall Insight, green energy deals—once making up 85% of the market in 2022—now account for just 18% of the tariffs listed on price comparison websites. ...