Romy Varghese

Ro Khanna’s Wealth Tax Support Fuels Primary Challenge in Silicon Valley Representative Ro Khanna is facing backlash from billionaires for supporting a California wealth tax. Now a tech entrepreneur wants to turn that anger into a June primary challenge for Khanna’s Silico...

Silicon Valley guys are so mad about California's proposed billionaire tax, they're bankrolling a primary campaign against Ro Khanna, who supports it. Read for free here: bit.ly/3OJOqey

Trump on Tariffs and ICE: What to Expect From State of the Union The speech comes after the Supreme Court struck down the president’s global tariffs and as Democrats sense opportunity in this year’s elections.

Trump's State of the Union speech comes at a pivotal moment. The Supreme Court just struck down his global tariffs. Voters are getting fed up. Read (for free) @cmsub.bsky.social's primer on what to expect: bit.ly/3OwAe8C

Now when I see a port, I think tariffs.

Democrats Hold Early Midterms Advantage With Trump Under Fire House Democrats are kicking off 2026 with the political winds blowing in their favor: advantageous polling, voters underwhelmed with President Donald Trump’s second term and a history of opposition ga...

New: House Democrats are kicking off 2026 with the political winds blowing in their favor. 

But the challenge is keeping the momentum so they flip the chamber in November.

🎁 link: www.bloomberg.com/news/article...

Detail from the new US food pyramid illustration showing a bowl filled with white stuff with red things on top.

If you, like many others, weren't sure what this thing in the new US food pyramid was, Kristina Peterson & @jessicanix.bsky.social have the answer:
www.bloomberg.com/news/article...

Trump Snatches Maduro But Leaves His Regime in Charge for Now Hours after President Donald Trump stunned the world by saying the US plans to “run” Venezuela, uncertainty over what that means and who is in charge loomed over the South American nation.

Will there be actual regime change in Venzuela? My colleagues @catherinelucey.bsky.social, Eric Martin & @jamietarabay.bsky.social break down what we know. Gift link: www.bloomberg.com/news/article...

What to Know About Elections in NY, NJ, Virginia and California The first major elections since Donald Trump’s victory last November are poised to deliver signals to both parties ahead of next year’s midterms.

The first major elections since Donald Trump’s victory are poised to deliver signals to both parties ahead of next year’s midterms. By @alicia-diaz.bsky.social & Skylar Woodhouse. Gift link:
www.bloomberg.com/news/article...

Blame the US Shutdown for Missing the Newest Seasonal Craft Beers and Spirits America will have to wait for the new creamy version of Magic Rabbit chocolate and peanut butter flavored whiskey.

A non-energy story from me: Your Christmas beer could be the latest casualty of the US government shutdown.

🎁 www.bloomberg.com/news/article...

Trump Embarks on $104 Million Bond-Buying Spree While in Office President Donald Trump has bought hundreds of bonds since he returned to office, including those sold by US companies affected by the sweeping changes to federal policies he’s championed.

Donald Trump has been buying millions of bonds, both from municipal governments and US companies who have been rocked by his sweeping changes. Read for free here: www.bloomberg.com/news/article...

Tracking Every Trump Tariff and Its Economic Effect Keeping up with the latest deals, which goods are being targeted by US tariffs and what the economic impacts are

Confused about all those tariffs Trump imposed? My @bloomberg.com colleagues have compiled this very handy tracker. Check it out for free: www.bloomberg.com/graphics/tru...

"Do you always watch for the longest day of the year and then miss it? I always watch for the longest day in the year and then miss it."

Trump Says FEMA Phaseout to Begin After Hurricane Season President Donald Trump said his team will move forward with winding down much of the Federal Emergency Management Agency — but not until after a hurricane season that some projections show could be pa...

The Trump administration plans to largely eliminate FEMA later this year. When a state gets hit by disaster, "the governor should be able to handle it," Trump said [gift link]

Lutnick Says Hurricane Center’s Fully Staffed Despite Key Vacancies Commerce Secretary Howard Lutnick told a congressional hearing that the US National Hurricane Center was fully staffed even though key positions are going unfilled as hurricane season begins.

The National Hurricane Center has at least 4 empty positions for meteorologists, according to its website. But Commerce Sec. Howard Lutnick says it’s “fully staffed” + ready for storms. Story w/ @weathersullivan.bsky.social @alicia-diaz.bsky.social (free link) www.bloomberg.com/news/article...

Elon Musk on Political Spending: ‘I Think I’ve Done Enough’ At the Qatar Economic Forum, Elon Musk and Mishal Husain talk about the Tesla backlash, AI regulation and DOGE’s success rate.

Check out the annotated interview of Elon Musk by Mishal Husain of @bloomberg.com that touches on politics and Tesla as well as fighting Putin and other gems:
www.bloomberg.com/features/202...

How about Sluttering for Jawbreaker Day?

Trump Says He's Off to Best Start as President. The Economy Says Something Else Trump’s second term begins with a decline in US GDP, while jobs and prices hold steady. On almost all fronts, the outlook is getting worse.

How did Trump do in his first 100 days? @gregorykorte.com & @mniquette.bsky.social cut through the noise and took a look at the economic data. Read for free here:
www.bloomberg.com/news/feature...

Congress Is Prioritizing a Tax Break That Few Americans Will Claim Data shows that even in wealthy congressional districts, the average person isn’t much affected by the state and local tax deduction lawmakers are trying to boost.

Congress is intent on raising the SALT cap, which would mean trade-offs like spending cuts. But our analysis shows increasing the limit would benefit only about 10% of taxpayers who itemize. Gift link here: www.bloomberg.com/news/article...

REI Says It Made a ‘Mistake’ by Endorsing Interior Secretary Doug Burgum The outdoor retailer’s CEO retracted its support in a video posted on social media.

REI's U-turn -- good one by Olivia Raimonde >

www.bloomberg.com/news/article...

US Weather Agency Websites Set to Vanish With Contract Cuts The US National Oceanic and Atmospheric Agency is poised to eliminate most websites tied to its research division under plans for the cancellation of a cloud web services contract, a move that could s...

My colleague @laurenthal.bsky.social delivers another scoop on the latest impending blow to NOAA. Read for free here:
www.bloomberg.com/news/article...

Local Governments Vie for Fired Federal Workers State, county and city governments are eager to hire former federal agency staffers targeted in DOGE cuts. But matching worker skills to local needs is a challenge.

"Many of the hardest-hit communities are smaller towns where the local economy depends on federal jobs...The DC area ranks just 17th in the country by share of the labor force who are federal employees." By @patrickcsisson.bsky.social
www.bloomberg.com/news/feature...

The Secretive Billionaire Behind America’s Most Corporate City Irvine is a seemingly normal place to live—except it’s a radical experiment in what happens when America’s richest real estate developer is virtually the only landlord in town.

Fascinating examination of Irvine via this gift link: www.bloomberg.com/features/202...

Spec Homes Sitting on the Market Pose Potential Economic Drag Builders might pull back on new housing construction as they try to clear their backlog.

My colleague Mike Sasso writes about a housing trend that has negative implications for the US economy: the waning appeal of spec homes. Gift link here: www.bloomberg.com/news/article...

Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style The president is promising significant renovations to remake federal buildings in his own image, even as his administration is pushing to cut costs through mass firings.

"Despite Trump’s embrace of Musk’s work to reshape the national budget, the president has continued to advocate for a certain federal aesthetic." by @kristoncapps.bsky.social Gift link here: www.bloomberg.com/news/article...

DOGE Has 10 Staffers at Social Security in Hunt for Dead People Elon Musk’s Department of Government Efficiency now has 10 staffers at the Social Security Administration as the Trump White House looks for evidence to support its claim that there could be millions ...

Elon Musk's DOGE has 10 staffers at Social Security trying to find dead people, our @gregorykorte.com scoops:
www.bloomberg.com/news/article...

What Trump Said About the US Economy, Fact-Checked Outlining goals for his second term, the president asserted his opinion on topics such as tariffs that aren't supported by economic indicators and research.

Donald Trump said a lot in his record-setting speech to Congress last night. My colleague Mark Niquette fact-checked some of his notable quotes on the economy, inflation, tariffs and immigration. Check out his piece for free here:
www.bloomberg.com/news/article...

Trump Addresses a Joint Session of Congress: What to Watch The president is vowing a tariff war with allies, steep cuts to the federal workforce and a tough stance on Ukraine aid.

It's usually a fool's errand to predict what Trump will say, but my colleagues Skylar Woodhouse & Stephanie Lai have some clues as they break down what to expect from his address to Congress tonight. Gift link here:
www.bloomberg.com/news/article...

Corporate America’s Real Worries About Trump Are Buried in Annual Reports Companies are telling their investors how President Donald Trump’s plan to radically remake the US government poses new risks to their businesses.

Many of these disclosures are "at odds with the upbeat tone some executives take publicly when describing their work with the White House."
www.bloomberg.com/news/article...

Inside the LA Fire Cleanup's Rush to Remove Tons of Toxic Rubble The Trump administration is trying to complete a hazardous cleanup effort in a third of the time required for the previous, much smaller urban wildfire in the US.

"A fire-damaged battery pack can emit toxic gases or ignite days, weeks or months after a wildfire." by @toddwoody.bsky.social
www.bloomberg.com/news/feature...

‘You’ve Seen the Tweet, Right?’: Sheinbaum Aces Trump Playbook It took Mexican President Claudia Sheinbaum a single phone call to get Donald Trump to back off — at least temporarily — from his threat of tariffs.

"It took Mexican President Claudia Sheinbaum a single phone call to get Donald Trump to back off — at least temporarily — from his threat of tariffs.
Canada’s Justin Trudeau needed two."
www.bloomberg.com/news/article...

Greenlanders Reject Trump With 85% Majority Against Joining US
www.bloomberg.com/news/article... via @bloomberg.com By Kati Pohjanpalo and Sara Sjolin