Join the FT’s Washington reporter Steff Chávez to get an indispensable guide to what Trump’s second term means for Washington, business and the world. Sign up here
Also in today’s newsletter, White House pushes back on allegations that workforce cuts hampered Texas flood alert
Also in today’s newsletter, White House has ruled that Harvard University is in ‘violent violation’ of civil rights law
Also in today’s newsletter, how oil traders called the Middle East conflict
Also in today’s newsletter, the vibe at the Nato summit
Also in today’s newsletter, Fed policymakers split on whether they will cut interest rates this year
Also in today’s newsletter, the downbeat mood at the G7 summit
Also in today’s newsletter, Republican senator Ron Johnson has serious concerns about the ‘big, beautiful bill’
Also in today’s newsletter, potential winners of Trump’s ‘Golden Dome’ project
Also in today’s newsletter, landmark tax bill will add $2.4tn to US debt by 2034, according to fiscal watchdog
Also in today’s newsletter, the US president locks horns with conservative activist Leonard Leo
Also in today’s newsletter, US says it will ‘aggressively’ revoke Chinese student visas
Also in today’s newsletter, Democrats struggle to rebuild their party as Biden’s diagnosis sparks renewed Republican attacks
Also in today’s newsletter, despite tariff climbdown, trade war still looms large over US economy
Also in today’s newsletter, the US president’s shift in tone on Russia’s war in Ukraine
Also in today’s newsletter, why Trump is starting to sound like Bernie Sanders
Monetary policymakers face increasingly difficult battle figuring out how, and when, to take action
Also in today’s newsletter, how corporate America lobbied against the president’s tariffs
Also in today’s newsletter, economic adviser Stephen Miran struggles to soothe bond investors with ‘incoherent’ remarks
Also in today’s newsletter, how the US president is remaking Washington in his image
Also in today’s newsletter, Treasury secretary urges caution on US-China trade deal progress
Also in today’s newsletter, the president’s trade war hits New York City’s Chinatown
Also in today’s newsletter, Jamie Dimon sits down with the FT
Also in today’s newsletter, Mark Carney’s pitch that he can beat back the US president’s threat to Canada
Also in today’s newsletter, the bro-sphere was bewildered by Trump’s tariff blitz
Also in today’s newsletter, some of the president’s billionaire allies are breaking ranks to lambast tariffs