Politics

“Two months into Donald Trump’s second term, the pillars of American financial hegemony — erected over the best part of a century — have rarely looked shakier,” Bloomberg reports. “Trump’s renewed tirades against the Federal Reserve, including the most explicit threats yet to fire Chair Jerome

Wall Street Journal: “The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932, according to Dow Jones Market Data. The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data

“President Trump is signaling that he will blame the Federal Reserve for any economic weakness that results from his trade war if the central bank doesn’t cut interest rates soon,” the Wall Street Journal reports. “In the process, he might also be seeking to delegitimize the historically

Jonathan Lemire: “All of last week, the White House had told staffers to hammer home its messaging about deportations, immigration, even Greenland — really, any issue that could distract from an economy left quaking by Trump’s trade war–inducing tariffs.” Playbook: “So did anyone tell the

Rep. Jamie Raskin (D-MD) had a warning for Salvadoran President Nayib Bukele about his growing relationship with President Trump, noting the Trump administration “is not going to last forever,” The Hill reports. Said Raskin: “We’re going to restore strong democracy to America, and we will remember