The Pentagon is deploying the USS Gerald R. Ford to the Middle East, creating a rare two-carrier presence in the region as tensions with Iran rise and questions swirl about…

The Pentagon has given artificial intelligence firm Anthropic until Friday to lift restrictions on how its Claude AI system can be used by the military, warning it could cancel a…

The Trump administration has repeatedly assigned additional job roles to Cabinet members and other officials, and one of his top health officials is the latest to begin pulling double duty…

Last year when President Donald Trump helped broker a ceasefire agreement between Thailand and Cambodia, he took a victory lap. ‘Who else could say, ‘I’m going to make a phone…

Secretary of State Marco Rubio and CIA Director John Ratcliffe will brief top congressional leaders on rising tensions in Iran on Tuesday ahead of President Donald Trump’s annual State of…

Ryan McMaken traces the rise and squeeze of America’s small business economy, showing how tariffs, industrial policy, the Fed, and “too big to fail” bailouts systematically tilt the field toward…

Jonathan Newman tackles the new “Federal Reserve Simulator” game in which players try to match wits against the Fed. As Newman found out, however, the same outcomes occur no matter…

Jai Kedia The interest on reserves (IOR) framework, adopted by the Fed in the aftermath of the 2008 recession, is among the most dangerous of its “unconventional” modern monetary policy…

Norbert Michel and Christian Kruse Recently, three members of the House Financial Services Committee—Chairman Hill, Rep. Loudermilk, and Rep. Wagner—sent a letter to Securities and Exchange Commission (SEC) Chairman Paul…

Clark Packard and Alfredo Carrillo Obregon On February 20, the Supreme Court correctly struck down President Trump’s tariffs invoked pursuant to the International Emergency Economic Powers Act (IEEPA). The administration’s response…