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Trump’s War With Powell Throws a Little-Known Planning Board Into Scrutiny

The National Capital Planning Commission has become pivotal in the administration’s campaign to discredit Jerome H. Powell, the chair of the Federal Reserve.

© Ting Shen for The New York Times

White House officials have focused their attention on the cost of renovating the Federal Reserve building, suggesting that the $2.5 billion makeover could be grounds for sacking Jerome H. Powell.

Republican Tax Bill Is a Losing Deal for Gamblers

The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.

© Emily Najera for The New York Times

A casino in Reno, Nev. The change has led to backlash from the gambling industry, which argues that the tax increase will hurt the hospitality sector in states like Nevada.

Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify

The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks for its next leader.

© Haiyun Jiang/The New York Times

Treasury Secretary Scott Bessent has shown a new willingness to deliver broadsides against the policies of the Federal Reserve.

Trump Says U.S. Has Reached Trade Deal With Vietnam

The president said he had agreed to initial trade terms with Vietnam, the second country to strike a limited deal after Mr. Trump threatened steep tariffs.

© Linh Pham for The New York Times

U.S. imports from Vietnam have risen since President Trump’s first term, when he imposed hefty tariffs on China and manufacturers started searching for new locations for their overseas factories.
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