YouTube video by Fast Politics w/ Molly Jong-Fast

“We will rebuild it in a very profitable way,” he said in an interview with The New York Times.

It’s risky when CEOs play politics. General Motors may learn the hard way.

The 45-year congressional veteran said he feared a country marked by “smallness, pettiness, divisiveness, loneliness and disdainfulness.” In an emotional nine-minute-long speech, Maryland Rep. Steny Hoyer said goodbye to the institution where he has spent over four decades — and expressed fears for its future. The 86-year-old Democratic former majority leader walked through his career and a path to Congress that started in the late 1950s as a University of Maryland undergrad before announcing his 23rd term would be his last. He then delivered a warning, telling colleagues gathered on the House floor that he was “deeply concerned that this House is not living up to the founders’ goals.” “I fear that America is heading not toward greatness, but toward smallness, pettiness, divisiveness, loneliness and disdainfulness,” he said. “We must respect and love one another. We must remember that we are not great or unique because we say we are great, but because we are just generous and fair.” Lawmakers from both parties lined up after Hoyer spoke to embrace the former Democratic No. 2, who stepped down from his leadership position after the 2022 midterms but remained a senior member of the Appropriations Committee. POLITICO first reported his decision to retire Wednesday. As political polarization increased in Congress, he remained a rare leader well-regarded by the opposite side of the aisle — one who paid tribute to the institution where he has served since 1981 as one “the framers designed to reflect the will of the American people and to serve as the guardian of their liberty and their democracy.” Speaking after Hoyer, Rep. G.T. Thompson (R-Pa.), praised him as a “statesman.” And former Speaker Nancy Pelosi, a onetime rival in Democratic leadership, hailed Hoyer as a “leader to us” and a “mentor to many. “You have been a really an example of leadership and perhaps can be viewed as one of the most substantial, respected members of Congress in the history of this body,” she said. Lead Art: Rep. Steny Hoyer (D-Md.) emerges from an elevator shortly after delivering a retirement speech at the U.S. Capitol Jan. 8, 2026. | Francis Chung/POLITICO

Turner called the strikes a “continuation” of America's conflict with ISIS.

A further deterioration of the labor market would deepen the challenges Trump faces with voters who are increasingly dissatisfied with his economic stewardship.

But Wiles told the publication she hasn’t seen any evidence that Trump engaged in wrongdoing with the convicted sex offender.

Sen. Ron Wyden (D-Ore.) on Thursday released a memorandum accusing JPMorgan Chase of underreporting suspicious activity involving Jeffrey Epstein and calling for the bank be further investigated over its relationship with the late convicted sex offender. The memo, prepared by Democratic staff on the Senate Finance Committee for which Wyden serves as ranking member, said recently unsealed court records “contain evidence that JPMC underreported Epstein’s suspicious transactions to the federal government for nearly two decades.” The memo centers on allegations that JPMorgan failed to properly send suspicious activity reports, which banks are required to flag to Treasury’s Financial Crimes Enforcement Network when illicit activity is suspected, for transactions involving Epstein’s accounts. Between 2002 and 2016, JPMorgan filed seven so-called SARs “flagging only $4.3 million in suspicious transactions from Epstein’s accounts,” the report said. But in fall 2019, after he was arrested, the bank “filed two SARs flagging more than 5,000 suspicious wire transfers moving approximately $1.3 billion in and out of Epstein’s accounts.” “It is crucial that Congress and the U.S. Department of Justice investigate whether the bank deliberately withheld information from the Treasury Department in apparent violation of the Bank Secrecy Act,” the report said. A spokesperson for JPMorgan, Patricia Wexler, said in a statement that the bank “acted appropriately in filing SARs as early as 2002.” “The second the government finally made public the sex trafficking details in 2019 — information they clearly had for years — we identified for law enforcement a range of Epstein’s past transactions intended to assist with the investigation,” she said. The report also took aim at JPMorgan executives including asset and wealth management division CEO Mary E. Erdoes, whom the memo said “maintained regular contact with Epstein and kept close tabs on him while he was a client of the bank.” The report comes as President Donald Trump is also targeting JPMorgan’s relationship with Epstein. He called on social media last week for the bank and a range of prominent figures in the Democratic Party to be investigated for their ties to Epstein. Trump’s push to cast the spotlight on others’ ties to the late sex offender comes amid scrutiny of his own relationship with him: Documents released by the House Oversight Committee last week contained emails in which Epstein said Trump “knew about the girls” he was trafficking. Trump has denied wrongdoing in relation to the Epstein allegations, and no evidence has suggested that Trump took part in Epstein’s trafficking operation. The president also has maintained that he and Epstein had a falling out years ago. The president signed a bill on Wednesday that will require the Justice Department to release more information related to its investigation into Epstein after previously working to kill the effort in Congress. Lead Art: Sen. Ron Wyden (D-Ore.) speaks with reporters as he walks to a vote on the 41st day of a government shutdown, Nov. 10, 2025. | Francis Chung/POLITICO

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Trump and the Georgia Republican continued their back-and-forth barbs Saturday morning following a very public blowup late Friday.

Adriana Kugler stepped down from the central bank in August amid scrutiny of her financial holdings.

YouTube video by Fast Politics w/ Molly Jong-Fast

The pardon follows months of efforts by Changpeng Zhao to boost the Trump family’s own crypto company.

A new poll finds the president’s favorability among the demographic has slipped nearly 20 points since taking office.

The move is a major escalation of warships in the region.

Former first lady Ladybird Johnson named the Jacqueline Kennedy Garden in 1965 after her predecessor.

In a new essay collection, the dean of Columbia University’s graduate school of journalism makes a compelling argument that everything is connected and nothing is inevitable about racial justice or de...