Trump signs order to block states from enforcing own AI rules

California Governor Gavin Newsom criticized President Donald Trump's recent executive order on artificial intelligence, which aims to prevent states from enacting their own regulations. Newsom described the order as promoting 'grift and corruption' rather than fostering innovation, highlighting concerns over federal overreach in state governance.

The Supreme Court is currently deliberating on its stance regarding the independence of the Federal Reserve, particularly in light of former President Donald Trump's efforts to increase his authority over independent officials. This includes potential actions to dismiss key figures within the Fed, which could significantly impact its operational autonomy.

Many voters who supported former President Trump are feeling the financial strain of rising prices but are reluctant to hold him accountable for the economic challenges they face. This sentiment reflects a disconnect between the realities of inflation and the political narratives surrounding it.

Kevin Hassett, a close ally of former President Donald Trump, is emerging as a leading candidate for the position of Federal Reserve Chair as Trump prepares to finalize his selection. This follows a series of interviews and discussions within the administration, highlighting Hassett's strong support among Trump's inner circle.

The ongoing battle for Warner Bros. has intensified as former President Donald Trump seeks to influence the regulatory review of Netflix's proposed $72 billion acquisition of the media giant. This move comes amid a competitive landscape where Paramount is also vying for Warner Bros., raising concerns about potential monopolistic practices in the media industry.

Former President Donald Trump has named Kevin Warsh and Kevin Hassett as top contenders for the position of Federal Reserve chair, expressing confidence in their capabilities. This announcement comes as Trump prepares to finalize his selection for the role, which is pivotal in shaping U.S. monetary policy.

Former President Donald Trump is reportedly leaning towards nominating either Kevin Warsh or Kevin Hassett to lead the Federal Reserve, as he prepares to finalize his selection for the position. This decision follows ongoing discussions about the future direction of U.S. monetary policy and the role of the Fed in managing economic conditions.

The Federal Reserve has taken a unanimous decision to reappoint its regional bank presidents, a move interpreted as a strategy to insulate itself from potential leadership changes under former President Trump. This action is seen as a proactive measure to maintain stability within the institution amid ongoing economic challenges.