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Trump, House

House passes sprawling domestic policy bill, sending it to Trump's desk

The Republican package would slash taxes, boost spending on immigration enforcement and the military, and impose steep cuts to Medicaid, SNAP and clean energy funding.

LIVE

USA TODAY on MSN · 49m

Live updates: House passes Trump's mega bill, securing a big win for the GOP agenda

President Donald Trump is expected to sign into law on July 4 his second-term agenda on tax reductions, immigration enforcement and Medicaid cuts.

The Washington Post · 50m

House passes tax and immigration bill, sending it to Trump’s desk

Republicans passed a mammoth tax and immigration agenda they hope will reshape the U.S. economy and unwind many of the Biden administration’s accomplishments.

Fed, Trump and Dollar

Free Malaysia Today on MSN · 1d

Dollar Wallows Near 3-1/2-Year Low as Fed Cuts, Trump Bill in Focus

The greenback held steady at 0.7906 Swiss franc, after dipping as low as 0.7873 franc in the previous session. The euro was flat at $1.1802, sticking close to the overnight peak of $1.1829. Sterling edged up slightly to $1.37435, approaching Tuesday's high of $1.3787, a level last seen in October 2021.

Reuters on MSN · 1d

Dollar wallows near 3-1/2-year low as Fed easing, Trump bill in focus

The U.S. dollar hunkered near its lowest since February 2022 against major peers on Wednesday, as traders considered dovish hints from Federal Reserve Chair Jerome Powell, along with the potential impact of President Donald Trump's spending bill.

U.S. News & World Report · 3h

Trump Administration Will Focus on Fed Chair Replacement in Fall, Bessent Says

U.S. Secretary of the Treasury Scott Bessent speaks during a press conference following a weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 24, 2025. REUTERS/Kevin Mohatt/File Photo WASHINGTON (Reuters) -The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall,

19h

Harvard Is Staring at a Billion-Dollar Budget Shortfall From Clash With Trump

The university has engaged in talks with the administration and has tried to drum up money from private sources.

2don MSN

Dollar Extends Biggest Slump in Five Decades as Trump Heaps Pressure on Fed’s Powell

The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was 0.4% lower on the session at ...

3hon MSN

Euro's climb vs. dollar signals trouble for EU exporters

Donald Trump's tariffs were meant to prop up the dollar, but the opposite happened. With the euro and others strengthening ...

3don MSN

Trump Oversees Worst Dollar Start to Year in Over Half a Century

The U.S. dollar has had its worst start to a year since 1973, weighed down by President Donald Trump 's trade policy, a ...

1don MSN

Paramount agrees to pay Trump $16 million, clearing way for multibillion-dollar merger

P aramount has agreed to pay $16 million to resolve President Donald Trump’s lawsuit against its subsidiary CBS, clearing a ...

1don MSN

Author of 'King Dollar': Recent actions by Trump administration may drive interest rates higher

Paul Blustein of CSIS still believes there is no alternative to the U.S. dollar, and says April's sharp dollar sell-off in ...

1don MSN

Asian stocks waver, dollar frail as Trump's tariffs, US rate path weighs

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks slipped on Wednesday and the dollar languished near 3-1/2-year lows as ...

1don MSN

US dollar suffers worst start to a year since 1973 over Trump tariff concerns

The greenback weakened 10.7% in the first six months of the year compared to a basket of currencies from major trading ...

51mon MSN

Bessent Rejects Worries Over Dollar’s Decline Diminishing Its Global Role

Treasury Secretary Scott Bessent dismissed the idea that the dollar’s recent declines raise concerns about its status as the ...

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