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Trump on Currency, SCOTUS Jury Ruling & Inflation Outlook
Audio is available on Spreaker — see link below.
The Treasury prepares a $250 Trump-face bill blocked by a 160-year law, the Supreme Court overturns the Fifth Circuit on racial jury discrimination, and rising inflation clouds Social Security adjustments. Five stories shaping US politics today.
Audio is available on Spreaker — see link below.
Treasury Secretary Scott Bessent confirmed this week that the Treasury is preparing a special two-hundred-fifty-dollar bill featuring President Trump's face, timed to the nation's two-hundred-fiftieth anniversary. There's just one obstacle.
This fits a broader pattern worth tracking. The Trump administration has placed the president's personal mark on a growing list of federal institutions.
A separate story has been circulating with considerably less certainty. Reports emerged that the Trump administration ordered federal agencies to install a White House app on all government-issued phones.
The Supreme Court handed down a six-to-three ruling this week that directly overturns the Fifth Circuit in a death row case out of Mississippi. The defendant, Pitchford, challenged the racial composition of his jury under the Batson framework, which allows defendants to contest peremptory strikes they believe were made on racial grounds.
One more development worth flagging. April's consumer price index came in at three-point-eight percent annually, well above the Fed's two percent target.
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