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Trump to unveil $54 billion in South Korean investment in Alaska
The Alaska investment comes from pledges made as part of a 2025 trade deal with South Korea
Trump’s nominee to be nation’s top doctor clears key hurdle in Senate committee
Nicole Saphier, a radiologist and former Fox News contributor, is the third person the president has nominated to be surgeon general in his second term.
Republican redistricting in Texas, Florida may not turn out as Trump had hoped
Even though the districts were redrawn to make them easier to win, the party remains weighed down by dissatisfaction with Trump, the economy, the war with Iran and the president's deportation agenda.
‘So much uncertainty’: Michigan’s Arab American businesses navigate Trump’s Canada trade war
Arab communities on both sides of the border grapple with ongoing tensions as US-Canada relations continue to sour
House Speaker Johnson stumping for CA GOP congressional candidates
House Speaker Mike Johnson plans to visit California on Wednesday to stump and fundraise for Republican candidates in a state that could determine control of the U.S. House of Representatives during President Trump's final two years in office.
High gas prices have voters switching parties and voting for the first time
Gas prices are reshaping voter attitudes in a longtime Republican Georgia county, with some backing Democrats while others remain firmly loyal to Trump.
Rural MAHA followers say Trump hasn’t improved health of their communities, an AP-KFF poll finds
A new AP-KFF poll finds that the Make America Healthy Again movement has a substantial following among rural voters, but most don't think President Donald Trump's healthcare policies have benefited their communities.
Rural MAHA followers say Trump hasn't improved health of their communities, an AP-KFF poll finds
A new AP-KFF poll finds that the Make America Healthy Again movement has a substantial following among rural voters, but most don't think President Donald Trump's healthcare policies have benefited their communities.
Jimmy Kimmel roasts Trump over his meeting with AI executives
He's determined to make "Super Intelligence" happen.
Rural MAHA followers say Trump hasn't improved health of their communities, an AP-KFF poll finds
A new AP-KFF poll finds that the Make America Healthy Again movement has a substantial following among rural voters, but most don't think President Donald Trump's healthcare policies have benefited their communities.
Trump’s shift from ‘Housing First’ is causing upheaval for homelessness programs and many they serve
The Trump administration is shifting federal policy and dollars away from the “Housing First” approach that has been at the heart of federal homelessness policy.
Rural MAHA Followers Say Trump Health Policies Haven’t Reached Their Communities
President Donald Trump has championed sprawling health policy changes under the Make America Healthy Again movement, but a KFF-Associated Press survey of rural voters found people aren’t seeing the initiatives reach their communities.
U.S. ends health aid to Zimbabwe after ‘America First’ deal is spurned
The African nation refused to make an agreement with the Trump administration, which has sought to slash foreign assistance and impose new terms on recipients.
Fewer California Republicans approve of Trump, poll says. That could hurt GOP midterm chances
With gas prices high and an unpopular war dragging on, President Trump’s approval has slipped with California Republicans, a poll shows
Democratic lawmakers call for protections over third country deportations after ‘indefensible’ court ruling
Lawmakers say ‘Congress must step in’ after supreme court ruled to allow Trump officials to resume deporting people where their lives could be in danger
Trump can't stop America's shift to clean energy. And we can accelerate it.
The cost of clean energy just keeps falling as the price of coal ramps up. Politicians promising affordability will follow those savings no matter who is in the White House. And in the meantime, there are ways to speed up the transition.
When “DEI” research is cut, what happens to community health?
“I’m just going to run to the grocery store!” How many times have we said this without thinking about it? For most of us, it's usually an easy walk or a short drive to get the cheese we forgot. In reality, though, 13% of the U.S. population (about 39 million people) live in “food deserts,” which means living more than a mile from a grocery store in urban areas and more than 10 miles in rural areas. This was the case for people in Pittsburgh’s Hill District, where a quick run to buy food wasn’t an option. In the 1930s, federal maps marked the Hill as "hazardous" for lending, a practice known as redlining that steered investment away from Black neighborhoods. Decades of disinvestment followed, and residents went about 30 years without a nearby grocery store. This made it hard to keep healthy eating habits and contributed to chronic disease. When a grocery store finally opened in the area in 2013, researchers saw the opportunity and launched the PHRESH study, which initially compared the health of participants from the Hill district to those in the Homewood district. Over time, the study expanded to other factors such as brain health and Alzheimer's risk. Residents like Roderick Blair overcame initial hesitation to share their health data, trusting it would benefit their neighborhood. Then, in August 2026, the NIH abruptly canceled the study’s grant, citing that it was “subjective” and fell outside their scientific scope—an effect of the administration’s interpretation of diversity, equity and inclusion (DEI). Research like PHRESH can help determine what changes in a neighborhood actually improve health, so cutting it has left that question unanswered. Other canceled studies have examined health issues like maternal health, preterm birth rates, or sickle cell disease. Courts have reversed some of these grant cancellations, but not all of them. If we really want America to be healthier, research into why some communities get sicker than others is absolutely critical. The law that created the federal minority health research institute passed with bipartisan support in 2000. But these days, as evidenced by grant cancellations, the political shift in attitudes toward DEI means we often lose access to the health information we need to help all communities thrive. DEI vs. health equity vs. equality and the overlap (or lack thereof) The letters “DEI” evoke very different reactions depending on who you are in the U.S. DEI programs can address gender, disability, age, and other factors, but the fiercest debate centers on race. For some people, hearing DEI brings to mind policies that may have cost them a job or a college seat because they are white. Others see DEI as a matter of justice: a way to expand representation and opportunity for groups that have been historically marginalized. Both perspectives are rooted in lived experience, and both center on the same question: whether hiring and admissions practices are fair. Hiring and admission practices, though related, are not the same as health equity. Health equity is “the attainment of the highest level of health for all people.” It’s the recognition that some groups of people consistently experience worse health outcomes than others. For instance, black mothers die from pregnancy-related complications at three times the rate of white mothers, and rural Americans are more likely to die from issues such as heart disease and cancer. Equity is also often conflated with “equality,” which leads to misunderstanding of how to actually best support communities. Equality ignores the fact that we aren’t all starting life with the same resources or circumstances, whereas equity is about helping people get what they specifically need based on their situation so they have the chance to achieve the same outcome as anyone else. For example, if every household in Pittsburgh got a $30 grocery gift card, that would be equal. But during the decades the Hill District went without a grocery store, that card wouldn’t have helped much. Equity means making sure everyone can actually access a store in the first place. DEI policies can overlap with health equity in many ways. For example, they may help expand access to quality education and stable, well-paying jobs, which in turn can provide health insurance, safer housing, and improved finances—all of which can reduce health disparities. But to make that happen, we first need data to identify disparities in communities and to develop solutions that effectively address them. What we lose when the research stops Community data is important to health equity because: You can’t fix what you don’t see: Data show which communities are most affected by health factors such as infection, heart disease, and cancer. If we don’t know what is happening and where, then we can’t develop interventions to help. Poor health costs everyone: Chronic disease is expensive—both to the individual person and to the overall economy. Understanding what groups of people are most at risk allows us to develop interventions that can save everyone money. Disparities exist for many communities: Health equity includes disparities that exist due to a whole host of factors, such as family background, race and ethnicity, rural vs. suburban residence, gender and sexual orientation, veteran status, disability, and lower income. This means many Americans can benefit from research into differences in health outcomes and how to improve them. Trust is easy to lose: Some participants in the PHRESH study were initially vocal about their concerns about participating. But that trust was earned because the researchers kept their promises and centered their work on the community. When projects are canceled mid-cycle, researchers have no choice but to leave behind communities they had promised to help. This hurts trust in the long run. It’s also a very inefficient use of resources, and it will take significant time and effort to redo the work when the government realizes this work is important again. How should we talk about health equity? This is hard because the words “equity” and “DEI” are currently very politically charged. So whether you’re a public health professional, teacher, or friend, how we talk about this topic matters. The right framing can help people who might otherwise be skeptical see why health equity research is important and deserves funding. Here are some suggestions to help your conversations: Choose your words strategically: Who are you trying to reach with your message? Are they likely to be resistant to terms like “diversity” and “equity”? If so, find alternative words to use to still get the message across. It is frustrating to be in that position, but the goal of improving health is too important not to try to make inroads. Sometimes simply reframing can help the message reach those who need to hear it. Focus on the problem: The terms “health equity” and “DEI” are abstract. Make it more specific. For example, discuss differences in maternal death or ways to improve health outcomes in rural communities. These still have equity at their core but will likely be better understood by those you’re talking with. Focus on systems: Disparities exist, but if they are communicated poorly, people can mistakenly think the issue is the individual’s fault. Disparities are largely driven by failures of the system—such as lack of access to health care and a long legacy of racism. When discussing the disparities, frame them around these systemic issues to ensure blame isn’t placed on the individuals impacted. Tell stories: Personalize these policies by using stories from those impacted that connect to the data you’re trying to convey. This helps make the policies and outcomes more concrete and meaningful. Bottom line Some communities end up sicker than others. That’s just the facts. We can argue about the best way to do that research, but canceling it simply because it may be linked to DEI doesn’t make anyone healthier. It just leaves communities like the Hill district behind. And in the end, it causes us all to move backward in our efforts to improve health in this country. Love, EM Big thanks to MacKenzie Isaac & Legairre Radden, who reviewed this piece and generously shared their expertise and lived experience to help improve it. Dr. Liz Marnik, PhD, is Executive Director of The Evidence Collective and a science communicator and immunologist working at the intersection of public trust, science, and public health. To discuss communication training on topics like health equity and storytelling, email Liz at liz@yle.health or learn more on our website. Your Local Epidemiologist (YLE) comprises a team of experts, ranging from physicians to immunologists to epidemiologists to nutritionists, working together with one goal: to “translate” ever-evolving public health science so that people are well-equipped to make evidence-based decisions. The YLE suite of newsletters reaches over 475,000 people across more than 132 countries. This newsletter is free to everyone, thanks to the generous support of fellow YLE community members. To support the effort, subscribe or upgrade below: Your Local Epidemiologist is a reader-supported publication. 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Ken Paxton, G.O.P. Nominee in Texas, Privately Said Trump’s Convention Hurt Him
Ken Paxton, one of the party’s top Senate candidates and a Trump loyalist, said that “everybody’s numbers dropped” after the event, according to audio obtained by The Times.
As Violence Falls, Crime Isn’t Paying as a Republican Line of Attack
Across the country, especially in the North Carolina Senate race, Republicans have charged opponents with being soft on crime, even as President Trump brags over plunging crime rates.
Hispanic Voters on the Texas Border Have Soured on Trump
In 2024, these voters were an essential part of the winning Republican coalition. Now, many feel abandoned and furious, complicating the party’s chances in November.
Trump’s tariffs are back in court
Here we go again: President Donald Trump’s sweeping global tariffs are back under the legal microscope.
US Poised To Boot Legal Immigrants From Medicaid, Including Refugees and Sex-Trafficking Victims
The Congressional Budget Office estimated 100,000 more immigrants will be uninsured by 2034 because of Medicaid eligibility changes under President Trump’s One Big Beautiful Bill Act that take effect Oct. 1. A KFF Health News survey of nine states found many more are at imminent risk of losing health coverage.
What is Alaska LNG and why does the project face doubts?
President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas project in Alaska, as he rolls out a series of economic initiatives ahead of November's midterm elections.
Sarah Sanders’ cynical playground-bully politics
Having covered Tom Cotton's nomination Tuesday, we turn today to his salty competition for political cynic of the year. It's Gov. Sarah Sanders, trained by Donald Trump himself.
Amendment 83 protects your right to hunt, fish
I will never forget March 25, 2020 — COVID-19 was raging, and Gov. Jared Polis asked President Donald Trump to declare a major disaster, while issuing a stay-at-home order for Colorado residents. Only essential businesses could remain open, including grocery stores, but who wanted to go out in public and risk exposure? Fortunately, I had […]
Albanian PM says fate of Kushner resort to be decided by 'science'
Albania has previously promised that the €1.4bn project linked to Donald Trump's son-in-law will meet EU environmental standards.
Viewpoint: After firing the entire National Science Board, Trump reshapes funding initiatives. Here’s the good and the bad.
The National Science Foundation is steering most of its money away from grants for individual researchers’ best ideas and toward the Trump
Can the government use taxpayer money for political commercials? New pro-Trump TV ads raise questions
Trump signs executive order rebranding AI as 'Super Intelligence' as tech titans ink separate SI accord
The order follows a White House summit with top tech executives and directs federal agencies to use "Super Intelligence" and "SI" in official communications.
Voice of America Cuts Hurt ‘U.S. National Interests,’ Internal Watchdog Says
The assessment by the State Department’s inspector general echoes concerns raised by critics of the move to shutter V.O.A., including some Republicans in Congress.
Air Force Major Recommended for General Court-Martial After Protesting Trump
The recommendations are not binding, but it is rare for them to be ignored in the military justice system.
Trump’s made his big call on AI. Humanity’s fate may ride on him being right
President Donald Trump held court on the White House drive Tuesday, surrounded by the tech moguls who, in their own estimation, hold the planet’s fate in their hands.
Who Attended Trump’s AI Luncheon, and Who Sat Where
A seating chart of the meeting illustrated growing divisions within the artificial intelligence industry and how it is viewed by the White House.
3 takeaways from the MAHA Summit
Trump administration officials mingled with insurers, corporate executives and wellness influencers at the second Make America Healthy Again Summit. They discussed issues ranging from affordability…
Mamdani releases plan to combat antisemitism in New York amid concerns over his criticism of Israel
The plan is the mayor's most forceful attempt to address concerns from the Jewish community over antisemitism.
Republican blocks Senate resolution criticizing Trump’s taxpayer-funded ads
Sen. Cynthia Lummis (R-Wyoming) argued that past presidents in both parties have aired similar announcements.
Officials cast doubt on Trump’s plan for drones, snipers at proposed arch
The arch is still envisioned to be a tourist site, despite the president’s announcement that it would be a “military complex,” administration officials told advocacy groups.
The White House Claims Trump’s New Ads Are “Clearly Not Political,” Says Aide
The pre-midterm commercials are “reminding Americans to love their country,” a White House official insists to Vanity Fair, even as both Republican and Democrat lawmakers balk.
Supreme Court takes up fight over Trump’s third-country illegal alien deportation policy
The Supreme Court cleared Trump's third-country deportation policy to proceed while justices prepare to hear the full legal challenge in December.
WATCH: Trump announces accord signed by top AI companies to 'self-police' development
Many of the executives gathered in Washington have called for a slowdown in the development of the technology after several hgh-profile incidents where AI agents have gone rogue.
Trump and major AI executives sign "morally binding" voluntary controls: "It's almost like a constitution"
From Windmills To Ballrooms: Trump’s ‘National Security’ Playbook
Banning journalists from the White House, justifying a triumphal arch, rejecting restrictions on artificial intelligence technology – the positions may be far afield of each other, but they have some commonalities. In addition to being publicly unpopular and legally uncertain, President Donald ...
Supreme Court lets Trump continue deporting people to 3rd countries while justices consider policy
Under a series of often-secret agreements, the Trump administration has deported some 25,000 people to more than two dozen countries, including Liberia and Guyana.
Trump bans Canadian booze. Will American shoppers notice?
Supreme Court allows Trump’s ‘third country’ deportation policy
This is the second time the court has rejected lower court rulings that immigrants must be able to object before being sent to countries to which they have no previous connection.
Homeland Security spending $20M in taxpayer funds for pro-Trump ads
The Department of Homeland Security has tapped $20 million to pay for the campaign-style ads glorifying President Donald Trump that have drawn widespread criticism from Republicans and Democrats as a blatant misuse of taxpayer dollars that likely runs afoul of anti-propaganda law.
Opinion | Trump Has Become Just Another Disappointing Politician
His winning brand — outsider businessman — has withered.
'Jimmy Kimmel Live!' ratings surge after wild year and Trump feud
Late night comedian and host Jimmy Kimmel is constantly be saying and doing things that make national headlines, from feuding with President Donald Trump, getting temporarily suspended from the
Immigration hawk warns Trump enforcement ‘missteps’ could come with political price
Mark Krikorian says mixed signals risk frustrating the very voters Republicans need to turn out in the midterms as the administration navigates tensions between its base and business interests.
Homeland Security taps $20M in taxpayer funds for pro-Trump ads
WASHINGTON (AP) — The Department of Homeland Security has tapped $20 million to pay for the campaign-style ads glorifying President Donald Trump that have drawn
Lone GOP senator blocks bipartisan effort to prevent Trump from demolishing Kennedy Center
A bipartisan effort aimed at protecting the Kennedy Center from demolition was blocked on the Senate floor Monday night by a lone Republican senator.
Homeland Security taps $20M in taxpayer funds for pro-Trump ads
The Department of Homeland Security has tapped $20 million to pay for campaign-style ads glorifying President Donald Trump.
Homeland Security taps $20M in taxpayer funds for pro-Trump ads
The Department of Homeland Security has tapped $20 million to pay for campaign-style ads glorifying President Donald Trump.
An embarrassing moment for the GOP, a defensive witness and other takeaways from Jack Smith’s hearing
Special counsel Jack Smith, who brought two indictments against now-President Donald Trump in 2023, testified in front of Congress again on Tuesday — this time, to the Senate Judiciary Committee.
Trump unveils new site to simplify access to government services
America.gov for now functions like a chatbot comparable to ChatGPT or Claude, pointing users to official gov't websites.
Proposed aircraft carrier redesign could delay NNS construction
The Trump administration is considering a potential redesign of the nation's aircraft carriers that could cost billions more dollars.
Democratic appropriators accuse White House of using CBP funds for Trump political ads
Democrats on the House Appropriations Committee accused the White House of using Customs and Border Protection (CBP) funding to air political ads just weeks out from the November midterm elections.…
What to know about America.gov, the Trump administration’s new AI-driven services website
The Trump administration thinks the federal bureaucracy is way too complex for Americans to navigate — and it believes that artificial intelligence can help.
GOP hopes fade in Georgia and North Carolina as party shifts focus in battle for Senate
The party is spending heavily to defend GOP-heavy Texas, and Trump plans to campaign for the Republican incumbent in Ohio. They're both places Trump won easily in 2024.
Office of Personnel Management uncovers $500M in fraud and waste in federal health benefits programs
The Trump administration's Office of Personnel Management uncovered $510 million in fraud and waste across federal employee health benefits programs.
Trump admin launches AI-powered America.gov for government info
America.gov will enable Americans to sign up for Medicare, apply for a passport and perform countless other tasks through a single site
Trump admin launches AI-powered America.gov for government info
America.gov will enable Americans to sign up for Medicare, apply for a passport and perform countless other tasks through a single site
Trump admin launches AI-powered America.gov for government info
America.gov will enable Americans to sign up for Medicare, apply for a passport and perform countless other tasks through a single site
White House urges EU to draw down diesel inventories, sources say
Sept 29 (Reuters) - The White House has urged the European Union to draw down emergency diesel inventories in an effort to lower global prices, as President Donald Trump and his administration purs...
Vance takes battleground role as Trump opens midterm push
Vice President JD Vance is heading into competitive races this week as President Donald Trump begins his fall campaign push in Oklahoma and Alabama, two reliably Republican states without marquee contests expected to determine control of Congress. The split screen comes as Vance has emerged as one of the administration’s most prominent campaign surrogates and […]
Opinion | Trump’s Deliberate Blurring of Foreign and Domestic Politics
In the final week of September 2026, the American political landscape appeared more complicated than the headlines suggested. Much of the attention focused on President Donald Trump’s September 22 …
ICE confusion ignites MAGA backlash: ‘I would have called for impeachment’
Verbal guidance telling some ICE offices to stop arresting illegal immigrants without criminal histories was rescinded within hours amid fierce backlash.
Mike Lee blocks effort to prevent Trump from tearing down memorials
Sen. Mike Lee (R-UT) on Monday night blocked a bipartisan effort to prevent the Trump administration from demolishing the John F. Kennedy Center for the Performing Arts without congressional approval. Sen. Jeff Merkley (D-OR) attempted to pass the Protecting Presidential Memorials Act, a bill he co-led with Sen. Lisa Murkowski (R-AK), by unanimous consent. The […]
Poll: Ohio voters' view of Trump declines, Browns leads Husted
A new poll shows many Ohio registered voters don't agree with President Donald Trump's handling of the U.S., and Democrats are leading the state's marquee contests.
The Latest: Trump’s new AI-powered ‘America.gov’ pivots political answers moments after launch
President Donald Trump has unveiled the AI-powered America.gov site as a way to simplify public access to government information and services. The site’s question-and-answer function initially...
Smith says non-disclosures put in place to protect against Trump’s obstruction efforts
WATCH: Trump launches AI-powered government website America.gov
Are the midterms dictating Trump’s Iran strategy?
The president is apparently waiting until November to resume bombing
Newsom signs bills pushing back on Trump's immigration agenda
The more than 20 bills approved by the governor Tuesday were crafted to thwart tactics used by Immigration and Customs Enforcement agents, while others are meant to boost state oversight of federal detention centers in the state.
Inside the Business of Trump’s Third-Country Deportations
The Trump administration is fighting to keep up "third-country" deportation flights. We examined the private contractors profiting from these abuses.
Politics Is Still Fueling The Law School Admissions Frenzy
The law school Trump Bump is on its second Trump administration.
WATCH: Jack Smith says he would prosecute Trump again for 'serious crimes against our nation'
Jack Smith clashes with senators over Trump probes, says ‘I will not be silenced’
Jack Smith returned to Capitol Hill on Tuesday to defend his derailed efforts to prosecute President Donald Trump, telling lawmakers he would not “be silenced by continued threats of prosecution” from the president.
Jack Smith tells senators he won't 'be silenced' by threats of prosecution
Smith also told the Senate Judiciary Committee that he stands behind the criminal cases he brought against Trump
Jack Smith tells senators he won't 'be silenced' by threats of prosecution
Smith also told the Senate Judiciary Committee that he stands behind the criminal cases he brought against Trump
GOP doubts about North Carolina have Republicans shifting focus
Republicans haven’t abandoned the Southern battlegrounds, though they're shifting greater resources to states they see as more competitive.
Stand Up for Science to Rally Scientists and Academic Leaders Against Trump Admin's Higher Ed Crackdown
Virtual rally follows 2025 Ed Compact anniversary; calls on university leadership to reject administration’s demands and defend academic freedom.
Stand Up for Science to Rally Scientists and Academic Leaders Against Trump Admin's Higher Ed Crackdown
Virtual rally follows 2025 Ed Compact anniversary; calls on university leadership to reject administration’s demands and defend academic freedom.
Trump used foreign labor standards as tariff workaround, small businesses say
Small businesses will once again challenge President Donald Trump’s tariffs in the Court of International Trade in New York City this week.
Hegseth says NSA, military cyber forces will guard election systems in midterms
But the defense secretary's announcement comes after Trump gutted the civilian agency specifically created to safeguard election infrastructure
Hegseth says NSA, military cyber forces will guard election systems in midterms
But the defense secretary's announcement comes after Trump gutted the civilian agency specifically created to safeguard election infrastructure
Hegseth says NSA, military cyber forces will guard election systems in midterms
But the defense secretary's announcement comes after Trump gutted the civilian agency specifically created to safeguard election infrastructure
Trump government ads draw scrutiny weeks before midterm elections
Critics say the campaign may violate longstanding restrictions on government propaganda and political activity
The Latest: Trump’s new AI-powered ‘America.gov’ pivots political answers moments after launch
President Donald Trump has unveiled the AI-powered America.
GOP senator blocks bill to stop Trump from demolishing Kennedy Center
The bipartisan effort to ban the demolition of presidential memorials was thwarted in the Senate by an objection from Sen. Mike Lee (R-Utah).
The Beclowning of Scott Bessent
One iron law of current politics is that nobody who associates themselves with Donald Trump emerges with a shred of credibility. For some, that’s not a big loss — it’s not as if anyone respected Pete Hegseth even before he decided that the key to military success in an age of drones and AI was more testosterone. For others, however, the costs are real. I’m old enough to remember when Marco Rubio was widely considered a reasonable, thoughtful politician. Right now, however, my candidate for the biggest loser is Scott Bessent, the Secretary of the Treasury. Bessent started out with significant reputation to lose: When Trump selected him, this was the headline in the Financial Times: Jason Furman, Barack Obama’s chief economist, described him as a “credible Treasury secretary who has a real understanding of the global economy”. But Bessent has now transformed himself into the Baghdad Bob of bonds. Three weeks ago, after intervening (for reasons that remain somewhat unclear) to support the Japanese yen, Bessent boasted about his ability to move markets and dared investors to bet against his, declaring “I am the house now.” He then tried to push long-term interest rates down, buying 30-year U.S. Treasuries in a move some have compared to paying down part of your mortgage by running up your credit card balance. Here’s how that’s going so far: To get some perspective on how high interest rates have gone, here’s a longer-term perspective: We haven’t seen interest rates this high since the fading days of the dotcom bubble. Why are interest rates hitting new records? The backdrop, as I argued in last Sunday’s primer, is the huge AI-driven investment boom; more on that next week. But the immediate cause of the latest interest rate spike was Trump’s rejection of an Iranian proposal to end the war. This rejection sent crude oil prices, which for a while had fallen considerably, shooting back up: It’s notable, by the way, that oil prices remain high even though a significant amount of oil is now being shuttled through the Strait of Hormuz by night, on smaller vessels. That’s an interesting story, which has a lot to do with the fact that oil from the Hormuz shuttle runs must be transferred to larger vessels before being shipped to markets in Europe and Asia; around 15 percent of the world’s large crude carriers are now parked off the coast of Oman, waiting to be tanked up. This is creating a shipping crunch: But that’s a topic for another day. For now, the point is that with oil still high and refined products, especially diesel, still close to record levels, inflation will remain elevated. And this in turn means that the Federal Reserve will keep short-term interest rates high, an expectation that is feeding into longer-term rates. Hence Bessent’s bond-market humiliation. The truth is that Bessent might not have been able to get interest rates down even in the best of circumstances. But he certainly won’t get anywhere as long as Trump keeps believing that he can somehow convert his Iran debacle into a triumphant victory. And Trump will keep believing that as long as he is surrounded by sycophants who tell him what he wants to hear. Sycophants like, for example, Scott Bessent, who is predicting the imminent collapse of the Iranian economy, possibly within two weeks. Bessent is right to say that the embargo on Iranian oil exports is placing the country under great economic strain. But his implicit prediction that this will quickly produce a deal that Trump can call victory looks no more plausible than his boasts about the bond market. The big question now is, why would anyone with a reputation to lose work for Donald Trump? As the beclowning of Bessent shows, joining the Trump team won’t just damage your reputation; it will utterly destroy it.
‘Love Me’ Artist Demands Trump Stop Using Song
President Trump used JMSN’s song in a recent self-promotional video that was paid for with public money.
Ex-Trump prosecutor Smith will tell senators he won't 'be silenced' by threats of prosecution
The former Justice Department special counsel who brought two federal indictments against President Donald Trump will tell lawmakers he “will not be silenced by continued threats of prosecution” from the Trump administration and believes the rule of law is being threatened like never before
Ex-Trump prosecutor Smith will tell senators he won't 'be silenced' by threats of prosecution
The former Justice Department special counsel who brought two federal indictments against President Donald Trump will tell lawmakers he “will not be silenced by continued threats of prosecution” from the Trump administration and believes the rule of law is being threatened like never before.
Ken Paxton calls for balancing border security, immigration reform to help labor-starved businesses
The Texas attorney general and Republican candidate for U.S. Senate blamed Democrats for standing in the way of a deal, arguing one could have been passed during the first Trump administration.
Trump denies offering Iran sanctions relief for nuclear concessions
President uses social media post to deny reports that he was willing to ease sanctions in return for ‘concrete’ steps over its nuclear program
Democrats to probe lucrative Trump family business deals if they win midterms
Democrats to probe lucrative Trump family business deals if they win midterms - Nation and World News | Hawaii Tribune-Herald
About 8,000 lawfully present Pennsylvania immigrants face Medicaid health insurance terminations on Oct. 1
New federal Medicaid eligibility cuts for immigrants, including refugees and asylees, were passed by Congress and President Trump.
Tariff challengers take Trump back to court: ‘Rinse and repeat’
President Trump hopes the third time will be the charm as his latest round of tariffs heads to court this week. The Supreme Court already ruled Trump can’t invoke an emergency statute to impose his…
With bans and taunts, Trump escalates his assault on the media
The attacks come at a precarious moment for public trust in the media, with more Americans saying limits on the press can be justified to combat misinformation.