U.S. President Donald Trump has signed an executive order to defund NPR and PBS, directing the Corporation for Public Broadcasting to cut federal funding to public media.
The move could devastate local stations, especially in rural communities, and marks a major escalation in the administrationâs ongoing battle with public broadcasters.
The order also calls for investigations into potential bias and employment discrimination, sparking legal and political backlash.
Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent âwants to stay where he is.â The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists. Remaining candidates include Kevin Warsh, Kevin Hassett, and Fed Governor Chris Wallerâwhom Trump praised as âvery good.â With Powellâs term ending in 2026, Trump is considering naming a âshadow chairâ to counteract his policies and align the Fed with his low-rate agenda.
#Trump #ScottBessent #FederalReserve #JeromePowell #KevinWarsh #KevinHassett #ChrisWaller #KuglerExit #TrumpFed #InterestRates #EconPolicy #TrumpVsPowell #MonetaryPolicy #USFed #ShadowChair #FedChairRace #TrumpEconomy #Bessent #TrumpAdmin #WhiteHouseMoves #TrumpNominees #BreakingNews #CNBCInterview #Trump2025 #FedPolitics #RateCuts #PowellCriticism #USMarkets #TrumpLoyalists #FederalBoard #EconShakeup
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Indiaâs Ministry of External Affairs (MEA) has finally addressed the rising buzz around Donald Trumpâs proposed tariffs on Indian exports. During a high-level media briefing that followed Prime Minister Modiâs meeting with Philippine President Ferdinand Marcos Jr., the MEA clarified that no direct discussion took place on Trumpâs recent tariff threats. Instead, the focus was on strengthening India-Philippines trade ties, expanding product diversity, and cooperation in space technology. India showcased its cost-effective space capabilities, with both countries expressing interest in launching and developing satellites together.
The Philippines also supported Indiaâs call to expedite the ITAGA trade review. While the Trump tariffs remain unaddressed formally, India is clearly moving to diversify partnerships and preempt economic turbulence. The strategic dialogue underlined Indiaâs growing regional influence, especially in light of evolving Indo-Pacific geopolitics and rising trade protectionism from Washington.
#IndiaUSRelations #TrumpTariffThreat #MEAStatement #IndiaPhilippines #SpaceCooperation #TradeTalks #ModiMarcosMeeting #IndianExports #IndoPacific #MEAResponse #DonaldTrumpNews #IndiaTradeStrategy #TariffNews #USIndiaTensions #PhilippinesIndiaTies #ITAGAReview #IndianSpaceProgram #ForeignPolicyIndia #TrumpIndia #EconomicDiplomacy
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Credit: The Hollywood Reporter Duration: 01:35Published
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