US Politics
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The Federal Reserve’s Independence is in Danger
Amidst continued disagreements over the Fed’s independent economic policymaking and President Trump’s wishes for further interest rate cuts, Trump’s criminal subpoena of Powell over Fed building renovations has earned criticism from both sides of the aisle.
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Ice Shoots and Kills US Citizen in Minneapolis
Protests over ICE operations in Minnesota turned violent on Wednesday, when a confrontation between citizen Renee Good and an ICE agent resulted in her death. Conflicting accounts of the shooting have inflamed further controversy over ICE’s tactics.
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Tim Walz Ends Re-Election Bid for Governor
The two-term governor of Minnesota announced his decision to drop out following massive backlash over his administration’s handling of a million-dollar welfare scandal surrounding COVID lunch programs and Somali daycares.
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Trump Administration to Audit Somali Citizens for Denaturalization
The move comes after a viral video by right-wing influencer Nick Shirley making allegations of systematic fraud by Somali-run daycares and has sparked renewed administration efforts to expand deportation plans.
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The Trump Administration’s Rural Healthcare Investments
After dramatic cuts to Medicaid through the OBBB, the Trump administration has announced a $50 billion fund to upgrade rural hospitals to offset the impacts. This funding will be contingent on states’ willingness to comply with certain health policies.
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Trump Ends Deployment of National Guard Troops in American Cities
After months of controversy, the Trump administration will halt the deployment of National Guard troops to several Democratic cities to “tackle crime.” The Supreme Court had recently ruled against the government’s usage of emergency powers to do so.
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One Big Beautiful Bill: The Complete Receipt
On July 4th, 2025, at 5:46 PM EST, Donald Trump signed the “One Big Beautiful Bill (OBBB)” Act. It is an incredibly sweeping piece of legislation, at over 940 pages long. Red Folder Staff provide in-depth analysis of every single section of the OBBB.