President Trump signed an executive order requiring proof of citizenship for voter registration, citing unsubstantiated claims of election fraud. This move, along with cuts to government watchdogs and access to voter rolls for Trump's DOGE agency, raises concerns about voter suppression and undermines election integrity.
The Trump administration is dissolving USAID, a multibillion-dollar agency that fought poverty and hunger around the world, and moving some of its functions under the State Department. This move has sparked controversy and legal challenges, with critics arguing that USAID plays a vital role in meeting humanitarian needs and bolstering America's soft power.
US stocks rebounded on Wednesday after the Trump administration announced a one-month reprieve on auto tariffs for Canada and Mexico, easing investor concerns about a global trade war. The Dow Jones Industrial Average jumped 486 points, while the S&P 500 and Nasdaq Composite gained 1.12% and 1.46%, respectively.
The Consumer Financial Protection Bureau is suing Capital One for allegedly cheating millions of consumers out of billions of dollars in interest payments on their savings accounts. The agency claims that Capital One froze interest rates on its "360 Savings" accounts and launched a new account with better rates without informing existing customers, resulting in over $2 billion in lost interest payments.
Two federal judges blocked parts of President Trump's executive orders targeting law firms Jenner & Block and WilmerHale, citing concerns about retaliation against protected speech and potential chilling effects on free speech and legal advocacy. The judges found the orders likely unconstitutional and expressed concerns about their impact on the firms' ability to represent clients and access government buildings.