Secretary of State Marco Rubio has announced a “comprehensive reorganization” of the State Department in a plan aimed at cutting bureaucracy.
Federal Reserve Chairman Jerome Powell is in no hurry to lower interest rates after President Donald Trump renewed his criticism of the head of the U.S. central bank. Meanwhile, U.S. stocks rebounded from yesterday’s plunge.
Harvard University is suing the Trump administration in a further escalation of the fight over funding freezes.
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