Independent U.S. regulator overseeing Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
The Section 702 surveillance law is set to lapse this week. President Trump has named Bill Pulte as acting DNI, triggering bipartisan concern and stalling renewal talks while lawmakers debate guardrails and timing. A Senate gridlock persists as Republicans and Democrats clash over the scope of surveillance and the president’s chosen interim leader.
President Donald Trump has delayed Jay Clayton’s Senate confirmation and said Bill Pulte will remain acting director of national intelligence. Trump has tied progress on renewing Section 702 surveillance authority and Clayton’s confirmation to passage of a voter ID bill and has ordered Pulte to cut ODNI staff and return employees to their home agencies.
The Supreme Court has ruled that the president can remove leaders of most independent federal agencies, overturning the 1935 Humphrey’s Executor precedent, while carving out an exception for the Federal Reserve. The decisions leave Lisa Cook in place for now but open the door for presidents to exert new control over agencies such as the FTC, shifting regulatory power toward the White House.
The interim Director of National Intelligence has begun a new round of firings within the U.S. intelligence community, as President Trump presses for rapid staff changes. The White House and DNI have not commented. The move follows reports that the administration aims to remove officials deemed loyal to opponents and to expand access to sensitive data.
A Santa Barbara judge has dismissed parts of a lawsuit challenging Santa Barbara County's permit process for Sable Offshore and ExxonMobil, ruling some claims can be amended. The decision preserves ongoing county protections while leaving room for refiled charges as both sides weigh next moves over the Santa Ynez Unit oil project and related pipeline.
The Senate has confirmed Jay Clayton as Director of National Intelligence, replacing acting DNI Bill Pulte. Clayton has faced questions about his stance on the 2020 election and national security credentials, while Republicans push for steadier leadership in the intelligence community as major policy debates continue.
State governments are expanding loan offerings as federal student-loan limits tighten. Rates vary by state and program, with debate over whether these are close substitutes for federal loans. Advocates warn borrowers should weigh trade-offs and risks before assuming equivalence.
The White House has told Federal Reserve Governor Adriana Cook that the president is "considering" removing her and has given her until Aug. 26 to answer mortgage-fraud allegations. The letter, signed by Dan Scavino and dated Aug. 5, revives claims first raised in 2025 after the Supreme Court this year blocked an earlier firing attempt.
The White House has renewed its effort to remove Federal Reserve Governor Lisa Cook over mortgage‑related allegations. Cook has responded with a formal filing arguing there is no legal basis for her removal; the Supreme Court previously blocked a firing attempt and left room for due process.