Tracy Park
The Latest
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Student Loan Collections to Resume May 5, Targeting Over 5 Million in Default
The U.S. Department of Education will resume collections on defaulted federal student loans starting May 5, potentially affecting nearly 10 million borrowers through garnished wages, seized tax refunds, and intercepted Social Security payments. The restart of the Treasury Offset Program and other enforcement measures marks the end of a pandemic-era freeze on involuntary debt collection, which had been in place since March 2020. 
The U.S. Department of Education will resume collections on defaulted federal student loans starting May 5, potentially affecting nearly 10 million borrowers through garnished wages, seized tax refunds, and intercepted Social Security payments. The restart of the Treasury Offset Program and other enforcement measures marks the end of a pandemic-era freeze on involuntary debt collection, which had been in place since March 2020. -
New York’s $9 Manhattan Congestion Toll Remains in Effect Despite Trump Administration Deadline
New York's controversial congestion pricing program remained in operation Sunday, defying an April 21 deadline set by the Trump administration to terminate the tolling system. The $9 fee on most vehicles entering Manhattan's central business district below 60th Street continues to be enforced as legal battles over the policy intensify. 
New York's controversial congestion pricing program remained in operation Sunday, defying an April 21 deadline set by the Trump administration to terminate the tolling system. The $9 fee on most vehicles entering Manhattan's central business district below 60th Street continues to be enforced as legal battles over the policy intensify. -
Hegseth Shared Yemen Strike Details in Private Chat With Wife and Brother - Report
Defense Secretary Pete Hegseth is facing intensifying scrutiny after it was revealed he shared detailed military plans for U.S. strikes in Yemen in a private Signal chat that included his wife, brother, and close associates, raising concerns about judgment and information security within the Department of Defense. 
Defense Secretary Pete Hegseth is facing intensifying scrutiny after it was revealed he shared detailed military plans for U.S. strikes in Yemen in a private Signal chat that included his wife, brother, and close associates, raising concerns about judgment and information security within the Department of Defense. -
IRS Leadership Shaken as Trump Replaces Acting Commissioner With Treasury Deputy
President Donald Trump removed Gary Shapley from his role as acting commissioner of the Internal Revenue Service just days after his appointment, following objections from Treasury Secretary Scott Bessent and amid behind-the-scenes tension involving Elon Musk, according to administration officials familiar with the matter. 
President Donald Trump removed Gary Shapley from his role as acting commissioner of the Internal Revenue Service just days after his appointment, following objections from Treasury Secretary Scott Bessent and amid behind-the-scenes tension involving Elon Musk, according to administration officials familiar with the matter. -
Trump Administration Imposes Port Fees on Chinese-Built Ships to Bolster U.S. Shipbuilding Industry
The Trump administration announced sweeping new port fees on Chinese-built ships Thursday, escalating trade tensions with Beijing and seeking to revitalize America's diminished shipbuilding sector. The fees, phased in over the next three years, follow a U.S. Trade Representative investigation that concluded China's maritime and shipbuilding practices "burden or restrict U.S. commerce." 
The Trump administration announced sweeping new port fees on Chinese-built ships Thursday, escalating trade tensions with Beijing and seeking to revitalize America's diminished shipbuilding sector. The fees, phased in over the next three years, follow a U.S. Trade Representative investigation that concluded China's maritime and shipbuilding practices "burden or restrict U.S. commerce." -
Nearly 1,500 CFPB Jobs Cut in One Day as Trump Reshapes Consumer Watchdog
The Consumer Financial Protection Bureau is laying off nearly 90% of its workforce, a sweeping move by the Trump administration to curtail the agency's enforcement powers and reshape its mission, according to internal communications and court filings. 
The Consumer Financial Protection Bureau is laying off nearly 90% of its workforce, a sweeping move by the Trump administration to curtail the agency's enforcement powers and reshape its mission, according to internal communications and court filings. -
Trump Blocked Israeli Strike on Iran, Initiates Direct Nuclear Talks Instead
President Donald Trump rejected Israeli proposals for a joint military strike on Iran's nuclear facilities, opting instead to pursue direct diplomatic negotiations with Tehran, according to multiple U.S. and Israeli officials cited in a report published Wednesday by The New York Times. 
President Donald Trump rejected Israeli proposals for a joint military strike on Iran's nuclear facilities, opting instead to pursue direct diplomatic negotiations with Tehran, according to multiple U.S. and Israeli officials cited in a report published Wednesday by The New York Times. -
Trump Calls for Fed Chair Powell’s Termination Over Rate Policy, Slams Fed’s Delay on Rate Cuts
Former President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell Thursday, urging his removal for what he described as a failure to act swiftly enough on interest rates. The outburst, posted on Trump's Truth Social platform, came just a day after Powell delivered a warning about the potential economic repercussions of Trump's aggressive tariff policies. 
Former President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell Thursday, urging his removal for what he described as a failure to act swiftly enough on interest rates. The outburst, posted on Trump's Truth Social platform, came just a day after Powell delivered a warning about the potential economic repercussions of Trump's aggressive tariff policies. -
Powell Warns Trump’s Tariffs Could Trigger Fed Dilemma as Inflation and Growth Diverge
Federal Reserve Chair Jerome Powell warned Wednesday that President Donald Trump's sweeping tariffs could place the central bank in an increasingly difficult position, potentially forcing it to choose between combating inflation and supporting economic growth - a dilemma not seen in decades. 
Federal Reserve Chair Jerome Powell warned Wednesday that President Donald Trump's sweeping tariffs could place the central bank in an increasingly difficult position, potentially forcing it to choose between combating inflation and supporting economic growth - a dilemma not seen in decades. -
Japan Set to Kick Off Tariff Talks with Trump as 25% Auto Duty Hangs in Balance
Japan is poised to launch trade negotiations with the United States in Washington on Wednesday, making it one of the first countries to test President Donald Trump's openness to modifying the sweeping tariffs he recently imposed. The talks come as the White House fields requests from more than 75 countries seeking exemptions under Trump's 90-day pause on reciprocal tariff increases. 
Japan is poised to launch trade negotiations with the United States in Washington on Wednesday, making it one of the first countries to test President Donald Trump's openness to modifying the sweeping tariffs he recently imposed. The talks come as the White House fields requests from more than 75 countries seeking exemptions under Trump's 90-day pause on reciprocal tariff increases.
