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Trump Administration (Second Term)

Trump Administration (Second Term)

Executive branch

Appears in 8 stories · Last updated Nov 9, 2026

Stories

Democrats win full control of Congress in 2026 midterms

Rule Changes

Faces Democratic Congress; Trump orders DOJ review of impeachment threats

Democrats won the House and Senate in the 2026 midterms and will take control on Jan. 3. They hold at least 54 Senate seats, with Alaska and Mississippi still uncalled, and passed the 218-seat House threshold. Hakeem Jeffries is set to become the first Black speaker; Chuck Schumer will run the Senate floor.

Updated 2 days ago

Trump’s 2025 fuel economy reset reignites the U.S. auto emissions battle

Rule Changes

Driving deregulation of auto fuel economy and climate rules

The Transportation Department's final fuel-economy rule, published September 28, sets the 2031 fleetwide target at 34.9 miles per gallon, down from 50.4 under President Biden. It also rewrites standards for model years 2022 through 2026 and ends the credit trading that let automakers buy and sell efficiency gains, starting in 2028.

Updated Oct 24

Tariffs and Iran war push costs into US household goods

Money Moves

As of May 2026: Maintaining the 10% baseline global tariff

Three major US household-goods makers have now reported how the combined tariff and oil-cost shock hits their books. Kimberly-Clark beat Q1 estimates on April 28, with adjusted EPS of $1.97 against an expected $1.92, but still carries $300 million in tariff exposure representing about 20% of its US cost base. Colgate-Palmolive beat Q1 expectations on May 1 and immediately flipped its full-year gross margin guidance from expansion to decline, citing $300 million in higher raw-material and logistics costs from crude oil and tariffs.

Updated May 31

Fed’s 2025 rate-cut run: three eases, one new playbook, and a president pushing hard

Rule Changes

As of May 2026: Pressuring the Fed for lower rates and testing legal limits on agency independence.

In a single year the Fed has gone from peak post‑Covid rates to a clear easing cycle. December's third 2025 rate cut pushes the federal funds range down to 3.5–3.75% and flips the switch on a new operating regime built around full‑allotment repos and steady Treasury bill buying.

Updated May 10

Trump’s Ukraine peace plan meets a wall in Europe

Force in Play

As of May 2026: Principal architect of the controversial Ukraine peace framework

In early 2025, Trump launched an aggressive push to "end the war" in Ukraine. He tied resumed military aid and intelligence sharing to Kyiv's acceptance of a U.S.-drafted peace framework that includes territorial concessions to Russia and long-term limits on Ukraine's sovereignty.

Updated May 10

Scott Bessent’s farmland divestiture: ethics clash inside Trump’s Treasury

Money Moves

As of May 2026: Sets policy context—trade war, farm aid and consumer programs—within which Bessent’s conflicts emerged

Scott Bessent became Treasury Secretary in January 2025. An ethics agreement required him to sell substantial holdings, including up to $25 million in North Dakota soybean and corn farmland that earned as much as $1 million a year in rent. After months of delays, the Office of Government Ethics warned him in August 2025 that he'd failed to comply on time.

Updated May 10

Trump’s birthright citizenship order heads to the Supreme Court

Rule Changes

As of May 2026: Issued and defending Executive Order 14160

On January 20, 2025, the first day of his second term, President Donald Trump signed Executive Order 14160, "Protecting the Meaning and Value of American Citizenship." The order denies automatic citizenship to U.S.-born children when the mother is unlawfully present or on a temporary visa and the father is neither a citizen nor a lawful permanent resident. It challenges 125 years of legal consensus (grounded in the 14th Amendment and the Supreme Court's 1898 decision in United States v. Wong Kim Ark) that nearly all children born on U.S. soil are automatically citizens.

Updated May 10

Europe’s big tech crackdown under the DSA and DMA

Rule Changes

As of May 2026: Challenging EU digital rules via diplomatic pressure and trade threats

The European Union is cracking down on U.S.-based Big Tech using the Digital Services Act, the Digital Markets Act, and long-standing competition and privacy rules. Since 2023, Brussels designated six platforms as 'gatekeepers,' imposed obligations on core services, and opened proceedings against X, Google, Apple and Meta for monopolistic conduct, opaque algorithms, deceptive design, and failures to police harmful content.

Updated May 10