Trump, Beautiful Bill and House GOP
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Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
The House early Thursday passed President Donald Trump's legislative agenda bill after easing some Republican opposition in the chamber, sending it to the Senate.
The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gains, a move proponents say reins in "woke" schools but that critics say will wind up hurting the poorest students the most.
President Donald Trump threatened the European Union with 50 percent tariffs. More tariff turmoil: Trump is also waging war on Apple, threatening 25 percent tariffs if it doesn’t shift iPhone production to the United States — that could mean price hikes. Stock markets fell slightly with the news.
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Trump’s Bill Changes How Student Loan Amounts Are Calculated. The bill proposes changing the formula for how much the federal government grants borrowers. Loans would now be cal
White House press secretary Karoline Leavitt doubled down on the videos Trump played when meeting with South African President Cyril Ramaphosa in the Oval Office.
After the House passed a bill for Trump’s agenda by a single vote, the measure faces more hurdles in the Senate. But don’t bet against it becoming law.
Wall Street remained jittery on Thursday after Trump's newly-passed "big, beautiful bill" shook the U.S. bonds market. Follow Newsweek's live blog.