U.S. President Donald Trump and New York Attorney General Letitia James. Brian Snyder | David Dee Delgado | Reuters New York Attorney General Letitia James and the top prosecutors of 23 other states are planning to once again sue to block President Donald Trump‘s global tariff regime, just days after a landmark Supreme Court decision…
People walk in front of the U.S. Supreme Court building on their way to attend oral arguments on President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, Nov. 5, 2025. Nathan Howard | Reuters The Supreme Court struck down a centerpiece of President Donald Trump’s…
The Supreme Court on Friday struck down a huge chunk of President Donald Trump‘s far-reaching tariff agenda, in a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled six to three in a decision Trump had been awaiting….
U.S. President Donald Trump speaks as he meets with Secretary General of NATO Mark Rutte in the Oval Office of the White House in Washington, D.C., on Oct. 22, 2025. Kevin Lamarque | Reuters Trade attorneys tell CNBC that the looming U.S. Supreme Court ruling on President Donald Trump‘s tariffs could impact Trump’s threats to…
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty Images The Supreme Court did not rule Friday on the legality of broad tariffs imposed by President Donald Trump, leaving markets still awaiting a decision poised to have far-reaching impacts on trade policy and the…
U.S. President Donald Trump greets Canadian Prime Minister Mark Carney as he arrives at the West Wing of the White House on May 6, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images President Donald Trump said Thursday night that he was terminating all U.S. trade negotiations with Canada because the…
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in Washington, DC. Drew Angerer | Getty Images Every living former chair of the Federal Reserve,…
House Ways and Means Committee Chairman Jason Smith said Tuesday he would “respond accordingly” if President Donald Trump’s levies are overturned by the Supreme Court, but stopped short of pledging to move them through Congress. The Republican from Missouri said he has worked with the Trump administration “hand in glove” on tariffs, and he himself…
Rebecca Slaughter Leah Millis | Reuters President Donald Trump on Thursday asked the Supreme Court to allow him to fire Federal Trade Commission commissioner Rebecca Slaughter, who lower courts ordered reinstated after he terminated her. Trump wants the Supreme Court to pause her reinstatement as he appeals the case. “President Trump acted lawfully when he…
Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump, seeking to block his unprecedented move to fire her. The suit, filed in federal court in Washington, D.C., also names Fed Chairman Jerome Powell and the Board of Governors itself as defendants. Trump said Monday that he was removing Cook because of allegations that she committed…
