veto – NewsNow

Will Trump Whitehouse Veto Powell Over FOMC? Federal Reserve News Today, PMI, Non-Farm, and Jobless Claims Give Pre-FOMC Clues

December 4, 2025 by DON

In Federal Reserve news, today, the long-running Trump-Powell tension is back at center stage as fresh FOMC clues hint at a potentially decisive December meeting. The mix of weaker labor readings, uneven PMI data, and a Fed shifting away from quantitative tightening has turned routine updates into political fuel. 🚨 LMFAO! President Trump is nuking … Read more

‘We’re going to veto them’: Bessent backs new rules to give White House more power over Fed

December 3, 2025 by DON

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency. In comments at the New York Times’ DealBook Summit, Bessent said … Read more

California lawmakers pass AI safety bill SB 53 — but Newsom could still veto

September 13, 2025 by DON

California’s state senate gave final approval early on Saturday morning to a major AI safety bill setting new transparency requirements on large companies. As described by its author, state senator Scott Wiener, SB 53 “requires large AI labs to be transparent about their safety protocols, creates whistleblower protections for [employees] at AI labs & creates … Read more

Trump wields sweeping veto power over U.S. Steel with ‘golden share’

June 26, 2025 by DON

U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters President Donald Trump now personally holds sweeping veto power over U.S. Steel’s decisions in key areas, according to an amended corporate charter filed with the Securities and Exchange Commission. U.S. … Read more