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Real-time News
June 30th - US courts have issued four rulings so far today, two in favor of the Trump campaign and two against. ① The US Supreme Court narrowly upheld state laws banning transgender girls and women from representing schools on womens sports teams, siding with conservatives and President Trump on this controversial culture war issue. Trump called it a "major victory" on social media. ② The US Supreme Court overturned long-standing federal restrictions on party-candidate co-spending, a ruling likely to benefit Republicans in the November midterm elections. Trump called it a "major victory for the Republicans" on social media. ③ A US District Judge in Rhode Island rejected the Trump administrations amendments to a widely used federal housing assistance program, arguing that the government failed to consider the impact on families relying on the assistance. This ruling is a victory for more than a dozen predominantly Democratic-governed states. ④ In a divisive ruling, the US Supreme Court rejected President Trumps planned restrictions on "birthright citizenship," thus overturning a core claim on his immigration policy agenda.Federal Reserves Hammarck: Its important to communicate how we make decisions.US President Trump: The Supreme Court just lifted restrictions on political spending! This is a major victory for the Republicans, and more importantly, a major victory for the First Amendment to the US Constitution!Federal Reserves Hamak: It is crucial for central bank officials to maintain transparency in their response mechanisms.Federal Reserves Hamack: Investment in artificial intelligence is putting upward pressure on inflation.
