Fannie, Freddie Jump After Trump Floats $1 Trillion Valuation

Fannie Mae and Freddie Mac shares jumped on Friday morning after President Trump said late Thursday that the mortgage giants were “probably worth $1 trillion,” reviving Wall Street hopes for a long-awaited exit from government control.President Trump praised FHFA Director Bill Pulte on Thursday for turning around Fannie Mae and Freddie Mac, saying the mortgage […]

Inside empty $336M LA County election vote-counting facility

As the vote-count totals crawl across Los Angeles and California, The California Post visited the county’s 144,000-square-foot ballot processing facility Thursday, which showed dozens of empty work stations. The scene at the warehouse appeared at odds with the mounting pressure to process hundreds of thousands of remaining ballots. County officials announced Wednesday night that just […]

Senate Democrats block extension of spy powers to protest Trump’s choice of Pulte for DNI

Senate Democrats early Friday morning blocked a motion to begin debate on extending the nation’s enhanced surveillance authorities, which are due to expire in a week, to protest President Trump’s appointment of Bill Pulte to serve as acting director of national intelligence. Every Senate Democrat except for Sen. John Fetterman (D-Pa.) voted against the motion… […]

Senate passes immigration enforcement funding after clashes over ballroom, 'anti-weaponization' fund

The Senate voted early Friday morning to pass a $69.5 billion budget reconciliation package to fund immigration enforcement operations through 2029, overcoming the concerns of several Republicans who were upset the bill did not include language barring the Trump administration from creating a $1.8 billion “anti-weaponization” fund to pay MAGA allies. The legislation passed 52-47,… […]

6 GOP senators vote to block Trump from reviving 'anti-weaponization' fund

Six Republican senators voted early Friday morning with Democrats for an amendment sponsored by Sen. Bill Cassidy (R-La.) to block the Trump administration from reviving a $1.8 billion “anti-weaponization” fund to pay MAGA allies who feel they were prosecuted by the Justice Department. Sens. Susan Collins (R-Maine), Lisa Murkowski (R-Alaska), Dan Sullivan (R-Alaska), Jon Husted… […]

Cassidy tries to drive stake in Trump’s anti-weaponization fund

Republican and Democratic senators say that Thursday’s vote-a-rama —  a marathon series of votes on amendments to the budget reconciliation package — is dragging on because Sen. Bill Cassidy (R-La.) is trying to perfect language to drive a stake through President Trump’s proposed $1.8 billion anti-weaponization fund. Cassidy has spoken to Senate Parliamentarian Elizabeth MacDonough… […]

Usual Suspects – Senate Fails Again to Pass Save America Act, Voter Integrity Legislation

The Safeguarding American Voter Eligibility (SAVE) America Act was brought to the Senate as an amendment by Lindsey Graham as part of the $70 billion budget reconciliation package funding Immigration and Customs Enforcement and Border Patrol. The usual senate suspects, Thom Tillis, Lisa Murkowski, Susan Collins and Mitch McConnell voted with Democrats to kill the […]

GOP Resolution Introduced to Phase Out U.S. Military Aid to Israel

Republican Reps. Marlin Stutzman (R-IN) and Abe Hamadeh (R-AZ) have introduced a resolution calling for the phased elimination of the $3.8 billion in annual U.S. military aid to Israel and its replacement with a partnership focused on trade, joint technology development, and strategic cooperation — a proposal endorsed by Israeli Prime Minister Benjamin Netanyahu. The […]