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In a 6-3 ruling this week that overturned nine decades of precedent, the Supreme Court granted President Donald Trump the power to fire and replace officials at independent government agencies like the Federal Trade Commission. But in a separate 5-4 decision, the justices ruled that Federal Reserve Governor Lisa Cook can stay in her job as she challenges Trump's efforts to fire her.
The seemingly contradictory rulings suggest a two-tier system of regulation, says Alvaro Bedoya, a former FTC commissioner who was fired by Trump last year. The independence and stability of the Federal Reserve is important to "billionaire Wall Street Bankers," and therefore remains protected, says Bedoya. "But then you have this whole series of other agencies that keep your toys safe, that keep health insurers from robbing people blind, that keep supermarkets from merging to make milk, eggs and beef … even more expensive. The court said that all those regulators can report directly to the president and be entirely beholden to his whims."
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New financial disclosures by President Donald Trump show that he made more than $1.4 billion from his family's various cryptocurrency ventures last year, reaping a windfall after pulling back on regulation of the industry and promoting the United States as "the crypto capital of the world." Other Trump businesses, like his resorts and golf courses, have also flourished since his return to the White House, while the Trump Organization has also licensed the family name to properties in countries that are crucial to U.S. foreign policy interests, including Saudi Arabia and Qatar.
"It's been an incredibly successful period for the Trump family," says Reuters investigative reporter Tom Bergin.
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"Citizenship, then and now, was the right to have rights — to freely participate in our political community. The Framers of the Fourteenth Amendment extended that promise to 'every free-born person in this land.' … We keep that promise today." So concludes the decision of the Supreme Court in the landmark case Trump v. Barbara, affirming the constitutional right to birthright citizenship and rejecting President Trump's attempt to end it. Trump's executive order had aimed to prevent babies born to undocumented immigrants and temporary foreign residents from automatically becoming American citizens. We speak to Columbia University historian of immigration Mae Ngai about the case and the white nationalist logic behind Trump's challenge.
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A bare majority of Supreme Court justices ruled that President Trump's executive order was unconstitutional, reflecting a conservative shift on the issue.
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On social media, he said the Village People's lead singer, Victor Willis, was with him "right from the beginning." But the president has a more complicated history with the group.
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President Trump flew into town on the new Air Force One and spent time touring the library dedicated to Theodore Roosevelt, who he called "a great he-man."
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In moving to ban a potent synthetic version of kratom, the president's team paved the way for more sales for makers of rival botanic supplements, who had aggressively lobbied for the change.
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The justices pushed back on some of President Trump's signature moves, but they also expanded presidential power and supplied victories on long-sought conservative goals.
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The president plans to fly to rural North Dakota to open Roosevelt's library as aides tout comparisons between the two.
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The State Department has promised $100 million in new funds to aid groups, after President Trump was criticized for an anemic response to an earthquake in Myanmar last year.
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It was the fourth such deal struck by the administration to get companies to forfeit their offshore wind leases.
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The Trump administration has approved media conglomerate Paramount's $111 billion bid to acquire Warner Bros., one year after Paramount and Skydance Media signed a similar merger that placed Paramount's movie studio, streaming service and broadcast network CBS under the control of the multibillionaire Ellison family, founders of Skydance and close allies of Donald Trump. The Warner Bros. merger, if completed, would bring an even larger slice of the industry's market share into Ellison control. It's been contested for months as a likely violation of antitrust laws amid a wider trend of corporate consolidation in the media and entertainment industry. "This has been one of the most shallow and corrupt merger review processes we've ever seen," says Craig Aaron, co-CEO of the advocacy organizations Free Press and Free Press Action (not to be confused with Paramount Skydance's conservative news outlet The Free Press), about the Justice Department's greenlighting of the merger.
The deal will place two of the largest U.S. broadcast news networks — CBS News and CNN — under the control of a single company that "has shown it is willing to warp and manipulate news coverage to please the president," Aaron says. He warns that the many violations of press freedom committed by CBS News since its acquisition last year could soon be seen at CNN, including "getting rid of independent journalists asking hard questions [and] spiking stories about crimes being committed by the Trump administration." In a consolidated media landscape, he adds, "we get fewer and fewer choices, and we get more and more of the same kind of cookie-cutter content produced."
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"We have to fight like hell. Today, tomorrow and all the days after," she said.
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