July 24, 2025

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Trump Visits Fed Headquarters, Intensifies Pressure on Powell

President Trump will tour the Federal Reserve’s Washington headquarters on Thursday at 4 p.m., joining a site inspection of the Fed’s $2.5 billion renovation that has drawn sharp White House scrutiny. This marks only the fourth time in U.S. history a president has visited the central bank—and the first used as a pointed critique rather than an endorsement of its independence.

Trump has repeatedly attacked Fed Chair Jerome Powell for keeping interest rates elevated and suggested cost overruns on the renovation could be grounds for his removal.

Markets are watching closely for any remarks that could signal further presidential intervention in monetary policy or threaten the Fed’s autonomy.

GOP Revolt and Suits Escalate as Epstein Revelations Unfold

New Revelations Ignite GOP Uproar

Attorney General Pam Bondi informed President Trump in May that his name appears multiple times in sealed Jeffrey Epstein files—details long promised to the MAGA base but never released. On Wednesday, a House Oversight subcommittee broke ranks, voting 8–2 (including three Republicans) to subpoena Department of Justice documents and Ghislaine Maxwell’s testimony.

Defiant Responses and Legal Fireworks

As GOP lawmakers press for transparency, Trump has sued Rupert Murdoch’s Wall Street Journal and two reporters for alleging he sent a “bawdy” note to Epstein. Meanwhile, he’s enlisted DNI Tulsi Gabbard to revive a debunked Obama “coup” conspiracy, intensifying the political firestorm.

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Appeals Court Upholds Nationwide Block on Trump’s Birthright Citizenship Order

A federal appeals court has delivered a second nationwide rebuke to President Trump’s birthright citizenship executive order. In a 2–1 decision Wednesday, the 9th U.S. Circuit Court of Appeals affirmed that four Democratic-led states—Washington, Arizona, Illinois and Oregon—are entitled to a uniform injunction because any geographically limited relief would still burden their Medicaid, CHIP and Title IV-E eligibility systems.

Judge Ronald Gould, joined by Judge Michael Hawkins, held that states cannot guarantee complete relief unless the executive order is blocked everywhere. Trump appointee Judge Patrick Bumatay dissented, arguing the states lacked standing. The ruling comes on the heels of a 6–3 Supreme Court decision curbing nationwide injunctions but preserving broad relief when necessary to give plaintiffs full redress.

Trump’s Approval Ratings Fall to Record Lows

President Trump’s approval ratings have plunged to their lowest levels since his inauguration six months ago. The latest Economist/YouGov survey finds just 41% of Americans approve of his performance, yielding a net approval of −14%, with steep disapproval on inflation (−29%), the economy (−12%) and immigration (−6%).

Support has collapsed among key demographics, especially Generation Z voters, whose net approval has slid from −12% in April to −44% in mid-July. Despite widespread public dissatisfaction, Trump shows no sign of altering course, doubling down on controversial policies rather than pivoting like past presidents.

Trump Approves Federal Disaster Declarations for Indiana, Michigan and Missouri

President Donald Trump on Wednesday approved Major Disaster Declarations for Indiana, Michigan and Missouri, sending federal relief to communities hammered by spring storms and an ice event.

Indiana’s declaration covers 23 counties, including Martin and Greene, for damage from March 30–April 9 storms, tornadoes and floods.

Michigan’s relief applies to 13 northern counties and the Little Traverse Bay Bands of Odawa Indians after the March ice storm knocked out power and blocked roads.

In Missouri, five southwest counties hit by Memorial Day weekend winds, hail and flooding will access FEMA Public Assistance to rebuild bridges, roads and emergency facilities.

FEMA Public Assistance funding will reimburse emergency response, debris removal and infrastructure repairs as governors continue damage assessments and seek additional aid.

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Epstein Revelations Ignite GOP Revolt: Subpoenas, Trump Sues WSJ