American politician and attorney, U.S. Senator from Rhode Island since 2007
Sen. Whitehouse has expanded a probe into renovations at the Kennedy Center, accusing leadership of mismanaging funds, bypassing contracting rules, and pursuing cosmetic changes to please the president. Courts have forced the removal of the president’s name from the building amid a broader legal fight about branding and governance.
Six of Europe’s biggest oil groups report profits surging year-on-year as turmoil around the Strait of Hormuz tightens supply and pushes prices higher. U.S. and European majors show windfall gains amid disruptions, even as lawmakers debate windfall taxes and consumer costs rise.
RWE has relinquished its offshore wind leases in the US after a settlement with the Trump administration. The company will reinvest about $1.2 billion into a Louisiana LNG terminal and 15 natural gas peaker plants, while winding down projects on New York, California and Louisiana coasts. The move follows a pattern of government buybacks of offshore wind leases.
The Kennedy Center's board has voted to place the inscription "Restored and Renovated By President Donald J. Trump" on the building and to close most of the facility for two years for renovations. The move has been led by trustees aligned with President Trump and has prompted immediate legal condemnation from Democratic board member Rep. Joyce Beatty.