Political News
Latest in Political News
Chinese investment in the United States has plummeted 92 percent this year6/20/2018
Mounting tensions and increased regulation are affecting deals for both countries
Chinese companies have been funneling increasing amounts of money into the United States for years, creating deep ties between the countries.However, i… continue readingBy Kristen Dalli
Supreme Court delays judgments on two partisan gerrymandering cases6/18/2018
The decision leaves the status quo in place until next term
On Monday, the Supreme Court passed up two opportunities this term to rule on when and whether states violate the Constitution by drawing political maps th… continue readingBy Kristen Dalli
Trump set to name a replacement for Mick Mulvaney at CFPB6/18/2018
Consumer groups don't seem to like her any better
For months, consumer advocates have called on the Trump administration to appoint a new director of the Consumer Financial Protection Bureau (CFPB) to repl… continue readingBy Mark Huffman
Trump announces 25 percent tariffs on $50 billion in Chinese goods6/15/2018
China says the U.S. has declared a trade war
President Donald Trump has approved a plan to impose a 25 percent tariff on billions of dollars worth of Chinese goods. "In light of China's theft of i… continue readingBy Sarah D. Young
Voters to decide if California should be split into three states6/13/2018
The proposal will be on the November ballot
This November, Californians will be able to vote on whether the state should be separated into three different states: California, Northern California, and… continue readingBy Kristen Dalli
Supreme Court upholds Ohio's voter purge law6/12/2018
Democrats challenged the law as voter suppression
The U.S. Supreme Court has rejected a challenge to the way Ohio purges its voter registration rolls.The justices voted 5-4 that the state's practice of… continue readingBy Mark Huffman
CFPB dissolves current advisory committee6/7/2018
Members say they were fired, CFPB says the board is being 'reconstituted'
A day after 11 members of the Consumer Financial Protection Bureau (CFPB) Advisory Board (CAB) questioned the agency's leadership under acting director Mic… continue readingBy Mark Huffman
Outgoing Starbucks chairman says Democrats should be more centrist and go after ‘entitlements’6/7/2018
Howard Schultz has hinted at political ambitions, but experts say his position may not be popular with voters
Three days after stepping down from his executive chairman position at Starbucks, Howard Schultz appears to be positioning himself for political office. He… continue readingBy Amy Martyn
June, 2018
Mexico imposes tariffs on U.S. pork exports6/6/2018
Oddly, the result may be lower prices for American consumers
Members of CFPB Advisory Board chastise the agency's leadership6/5/2018
Eleven members say the agency has gone from helping consumers to helping businesses
U.K. government clears way for 21st Century Fox to bid on Sky broadcast network6/5/2018
The British satellite broadcaster has been the focus of a recent bidding war
May, 2018
U.S., China call a truce in trade war5/21/2018
Prices of many consumer products should remain stable
CFPB eliminates student loan office5/10/2018
Consumer advocates accuse the acting director of trying to make the agency less effective
April, 2018
Consumers may lose access to government bank complaint database4/25/2018
The CFPB Acting Director says the agency should not be running a 'Yelp for banks'
Supreme Court gives an important patent review procedure a thumbs-up4/25/2018
The process is designed to keep patent trolls at bay and the cost of protecting a patent in check
Court hears suit to remove Mick Mulvaney as acting head of the CFPB4/13/2018
The former acting director claims she was illegally removed
CFPB director urges Congress to change the agency's structure4/12/2018
Mick Mulvaney says the consumer agency should be run by a bipartisan commission
Bank of America won't lend to 'assault rifle' manufacturers4/11/2018
The decision is similar to an action taken by Citigroup
Trump signs executive order pushing work requirements for public assistance4/11/2018
The order focuses on strengthening work requirements to help the poor achieve economic mobility
Consumers likely to pay for trade war with China4/4/2018
Tariff costs usually get added to the retail price
CFPB director asks Congress to reduce the agency’s power4/3/2018
Critics charge Mick Mulvaney with pursuing a radical agenda
March, 2018
Spending bill lacks funds to stabilize health insurance market3/26/2018
As a result, Affordable Care Act premiums will surge in October
Remington files for Chapter 11 bankruptcy3/26/2018
Despite financial and legal difficulties, the company plans to keep making guns
Citigroup places some restrictions on gun sales for retail clients3/23/2018
The decision is the first by a major bank to take a stance in the gun control debate
Congress poised to pass $1.3 trillion budget3/22/2018
The measure would avert a government shutdown at midnight on Friday
Businesses taking the lead in emerging gun control debate3/1/2018
The recent Florida high school shooting may represent a sea change
February, 2018
Democrats and Republicans agree on two-year budget deal2/8/2018
Budget increases deficit with new military and domestic spending
Congress reportedly close to two-year budget deal2/7/2018
The proposed agreement would avert another government shutdown
January, 2018
State of the Union speech promises increased prosperity1/31/2018
Trump lists economic accomplishments, says more to come
Senate votes to end government shutdown1/22/2018
Passing the bill will fund the government another three weeks
Democrats and Republicans at odds as government shutdown looms1/19/2018
Both parties blame each other
How consumers could be affected by a government shutdown1/18/2018
The government's spending authority ends Friday at midnight
RIP: The regulations that Trump killed in 20171/4/2018
Large and small, the Trump administration ended hundreds of regulations this year. It is not easy to list all of them, so here are twenty
October, 2017
Senate votes to block lawsuits against financial services firms10/25/2017
Consumers will now have to resolve disputes with banks through arbitration only
September, 2017
Two firms that won border wall contracts were previously convicted of defrauding the U.S. government9/18/2017
A third company admitted in court filings to subcontracting an undocumented worker
August, 2017
Younger generations overtake Baby Boomers in voting numbers8/1/2017
A study shows that Millennials and Gen Xers accounted for nearly 70 million votes in 2016
July, 2017
Does President Trump's online conduct warrant a Twitter ban?7/20/2017
Twitter executives say they strive to treat all users equally when it comes to abuse
June, 2017
Consumer groups line up to bash Treasury Department report6/13/2017
The report recommends rolling back many of the reforms in the Dodd-Frank Act
Treasury report expected to be harshly critical of consumer agency6/12/2017
The Consumer Financial Protection Bureau is targeted for disassembly and disposal
House passes bill loosening regulation of financial sector6/9/2017
The measure repeals many of the reforms passed after the 2008 financial meltdown
May, 2017
Groups say Trump budget would hit consumers hard5/23/2017
Spending blueprint slashes food stamps, Medicaid, and CDC budget
Consumer groups descend on Washington to fight protection rollbacks5/9/2017
The consumer activists are particularly concerned by efforts to weaken the CFPB
House panel votes to reduce bank regulations5/5/2017
The unraveling of the Obama administration continues in Congress
Study suggests worries about impact of 'fake news' are overblown5/5/2017
Resarchers found internet users aren't swayed by made-up stories
April, 2017
Trump's tax plan cuts rates, removes some deductions4/26/2017
The plan would eliminate the deduction for state and local taxes
How would a government shutdown affect you?4/26/2017
You might have to wait longer for your tax refund and possibily change vacation plans
Texas mayor who stoked 'Sharia Law' fears may be tapped for HUD post4/5/2017
Irving Mayor Beth Van Duyne suggested without evidence that radicalized Muslims were committing human rights violations
March, 2017
Justice Department changes its tune on Consumer Financial Protection Bureau3/20/2017
Times have changed since the last time it filed arguments on the matter
Reporters often banned from public meetings even though it's unconstitutional3/1/2017
Last week's White House event became notorious but locking out reporters is common
February, 2017
Sears, Kmart dump Trump Home items, citing lagging sales2/13/2017
The move follows Nordstrom's cancellation of Ivanka Trump's clothing line-up last week
There's growing concern about a trade war with China2/9/2017
President Trump is being urged to carefully consider the consequences
Steve Forbes labels border adjustment tax idea 'crazy'2/8/2017
Says it will cost U.S. consumers $100 billion a year
Trade associations oppose Trump's blocking of new hazmat rules2/8/2017
Not every industry wants to overturn every regulation
January, 2017
Tech sector condemns Trump border closings1/30/2017
Tech company leaders offer jobs, housing, and other aid to those affected by Trump's action
Trump promises to do a 'big number' on Dodd-Frank1/30/2017
The consumer protection measure stifles business, hurts consumers, he argues
Private prison industry sees big leap in stock price under Trump administration1/26/2017
For-profit prisons stand to gain from Trump's immigration policies
Trump names new acting chair of the FTC1/26/2017
Maureen Ohlhausen, a Republican, has been on the commission since 2012
State attorneys general defend Consumer Financial Protection Bureau1/25/2017
AGs from 17 states have filed a motion defending the bureau against its attackers
FTC chairwoman Edith Ramirez resigns1/13/2017
Top appointees are leaving their posts as the Obama Administration winds down
November, 2016
Realtors, immigration lawyers, may benefit from Trump victory11/11/2016
But Clinton voters contemplating Canada may not find a welcome mat
Transportation projects may get underway in the Trump Era11/10/2016
Infrastructure upgrades, airline protectionism may be high on the new administration's agenda