News for January 28, 2026

The EPA under Administrator Lee Zeldin moved to roll back a Biden-era rule that limited smokestack pollution drifting into neighboring states.

Senate Democrats say they may block a government funding bill unless Republicans agree to immigration enforcement changes, raising the risk of a partial shutdown.

Treasury Secretary Scott Bessent said Americans have reason to worry about affordability, but blamed the Biden administration for higher costs and said the Trump administration is working to bring inflation down.

Bank of America and JPMorgan Chase said they will each give $1,000 to eligible employees who open new Trump Accounts, backing President Trump’s new child savings plan.

Scott Bessent said young Americans’ support for socialism is tied to not owning stocks, and he pitched Trump Accounts as a way to turn more children into future investors.

The Federal Reserve kept interest rates unchanged after three cuts last year, signaling a pause as it weighs still-high inflation and a cooling labor market.

The Supreme Court has taken nearly three months to rule on President Donald Trump’s tariff case, even though the dispute was fast-tracked because of its impact on his economic agenda.

The Justice Department says it has reviewed millions of Jeffrey Epstein-related pages and expects to finish its file review and redactions in the near term.

Federal agents involved in the fatal shooting of a man in Minneapolis have been placed on leave, while Donald Trump’s immigration crackdown and Ilhan Omar’s criticism of it have deepened unrest in the city.

President Donald Trump warned Iran that time is running out to reach a nuclear deal as the US boosts military forces in the Gulf.

President Donald Trump used a campaign-style speech in Iowa to push supporters to help Republicans win the midterm elections and keep control of Congress.

President Donald Trump urged families to open new Trump Accounts, saying they will help children build wealth and get a financial stake in the future.