US News
LAST UPDATE: September 3, 2025
Trump to Ask Supreme Court for Expedited Ruling on Tariffs
Trump’s administration will request a fast-tracked Supreme Court ruling on tariffs following a federal court decision declaring many were improperly imposed. (Bloomberg.com)
Insight
He aims to preserve key trade tools, signaling ongoing tensions between executive preference and judicial constraints.
Trump says US needs a ‘very serious’ rate cut
Trump called for a “very serious” interest rate cut from the Federal Reserve.
Insight
Highlights pressure from political leadership on the Fed amid economic uncertainty.
Fed Governor Cook says mortgage ‘contradictions’ do not justify removal by Trump
Fed Governor Lisa Cook filed a lawsuit blocking her removal by Trump, arguing that mortgage record discrepancies were known during her confirmation.
Insight
The lawsuit underscores institutional resistance and defense of central bank autonomy.
US Holiday Spending Expected to Drop on Tariffs, Higher Prices
A report shows that U.S. holiday spending is expected to decline due to tariffs and rising prices. (Bloomberg.com)
Insight
Consumer sentiment is weakening, with macroeconomic pressures likely curbing seasonal spending.
US court reinstates antitrust commissioner Donald Trump tried to fire
A U.S. appeals court temporarily reinstated FTC Commissioner Rebecca Slaughter, whom Trump had attempted to remove. (フィナンシャル・タイムズ)
Insight
The ruling reaffirms legal protections for independent regulators against arbitrary removal.
