In a tense phone call this morning, Israel’s Ambassador to the US Yechiel Leiter urged Minister Eliyahu to retract his statements, saying, “They harm our relations with supporters in the White House” In a tense phone call this morning, Israel’s Ambassador to the US Yechiel Leiter urged Minister Eliyahu to retract his statements “The government…
WASHINGTON, D.C. — On Thursday morning in the nation’s capital, NCAA president Charlie Baker spoke to a few dozen members and guests of the National Press Club — an operation located in Washington’s downtown, just a short walk to the White House. Just hours later, the association’s years-long fight for federal intervention in college sports…
President Donald Trump officially issued his expected college sports executive order on Thursday. According to the White House, the executive order “prohibits third-party, pay-for-play payments to collegiate athletes.” However the order “does not apply to legitimate, fair-market-value compensation that a third party provides to an athlete, such as for a brand endorsement.” Advertisement Additionally, the…
WASHINGTON — President Trump said Thursday he has no interest in stripping Elon Musk-owned companies of billions in federal money — adding that he wants the former “first buddy” to “thrive.” “Everyone is stating that I will destroy Elon’s companies by taking away some, if not all, of the large scale subsidies he receives from…
A U.S. Department of Commerce employee has been restricted from leaving China by authorities in Beijing, a State Department spokesperson told CBS News on Monday. The unidentified government employee’s restricted travel was confirmed as Beijing revealed new information about a U.S.-based Wells Fargo banker who has also been subjected to an exit ban. “We can…
By Jarrett Renshaw WASHINGTON (Reuters) -The White House on Wednesday intends to publish a plan that calls for the export of American AI technology abroad and a crackdown on state laws deemed too restrictive to let American AI flourish, a document seen by Reuters shows. According to a summary of the draft plan seen by…
President Donald Trump hosts Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, seeking closer security and economic ties at a time when China is increasingly assertive in the Indo-Pacific region. More than a month after their deployment by Trump, 700 Marines will leave Los Angeles, where they stood guard over two downtown…
Even as US President Donald Trump upends China’s factory floors, he seems to be laying the ground for an easing in the tech war. In a reversal this week, the White House told chipmaker Nvidia it could soon resume sales of its less advanced China-focused H20 artificial intelligence accelerator. AMD received similar assurances from the…
Federal Reserve Chairman Jerome Powell on Thursday formally replied to a set of pointed questions from the director of the White House Office of Management and Budget about the renovation of the Fed’s Washington headquarters. Powell pointed to a newly launched page on the Fed’s public website dedicated to answering questions about the project, which…
The drumbeat that President Trump will fire Fed Chair Jerome Powell got louder Wednesday, with reporting from CBS News, Bloomberg, CNBC, and The New York Times all adding to the sense that Trump is getting closer to making the unprecedented move. Stocks were lower following the news, but the biggest move in markets was coming…