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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy

Semafor Politics

Trump to send ICE to airports as long security lines cause travel chaos

US immigration agents will be deployed to airports on Monday, President Donald Trump said, escalating a standoff in Washington over a government funding deal.
Passengers wait in long TSA lines as a partial government shutdown continues, at Hartsfield-Jackson Atlanta International AirportMegan Varner/File Photo/Reuters

US lifts sanctions on Iranian oil at sea

The US temporarily waived sanctions on Iranian oil that’s already at sea, boosting the war economy of the nation Washington is waging war against.
Cargo ships in the Gulf, near the Strait of Hormuz.Stringer/File Photo/Reuters

US and Iran ramp up threats to target civilian infrastructure

The US said it would “obliterate” Iranian power plants if Tehran did not fully reopen the Strait of Hormuz within 48 hours. Iran responded by threatening to target energy facilities and water desalination plants across the region.
Israeli soldiers inspect the site of a damaged building following barrages of Iranian missiles in Tel AvivAmir Cohen/Reuters

Paxton PAC buys more anti-Cornyn ads for Mar-A-Lago

The Texas Senate hopeful is spending for an audience of one: President Donald Trump.
Texas Attorney General Ken PaxtonKaylee Greenlee/Reuters

Senate Democrats square off with each other in ‘spicy primaries’

The days of Democratic party leadership picking winners is over.
Graham Platner campaigns in Maine Brian Snyder/Reuters

Debatable: Will Russia’s luck last?

The Iran war temporarily benefits Moscow, but there’s disagreement over what it means for the Kremlin long-term.
Vladimir PutinSputnik/Vyacheslav Prokofyev/Pool via Reuters

Trump digs Powell in deeper at Fed

The president on Thursday put his weight behind the probe into the Fed chair.

Senate prepares for a long weekend slog

“We will get DHS funded. We’re going to be here until that happens,” said Sen. Bernie Moreno, R-Ohio. “We’re dug in, baby.”

Strain evident in Trump-Takaichi White House meeting

Trump’s joke, comparing the US’ surprise strikes on Iran to Japan’s 1941 attack on Pearl Harbor, elicited an awkward reaction from Takaichi.

Treasury eyes lifting sanctions on Iranian oil

The Trump administration has been desperate to rein in oil prices.

Collins wants bipartisan Iran spending bill

Some Republicans don’t want to use the party-line budget reconciliation process to deliver war funding.

Bondi’s play to defuse an Epstein subpoena partly pays off

Three of the five Republicans who voted to question her under oath are still unconvinced, but two are showing signs of wavering.

US banking regulators set to ease capital requirements

US banking regulators are expected to vote this morning on their latest attempt to overhaul capital requirements following years of intense lobbying.

FHFA chief teases new housing policy

Bill Pulte said to expect the new policy in “the next week or two.”

Republican floats vote on filibuster

The loudest proponent of changing the rules, Sen. Ron Johnson, R-Wis., told Semafor he is not trying to use the “nuclear option” to do it.

Top Senate Democrats press Trump on affordability

Their message offers a preview of their party’s economic messaging leading up to November’s midterms.

As Takaichi visits, Iran preoccupies White House

Trump’s meeting with Japan’s prime minister, which otherwise would have been about China and trade, will now focus on the war in the Middle East.

FBI investigates intelligence aide who resigned over war

Inquiry focuses on alleged leaks.