DNC Launches Pilot Programs for New Organizing Technology Ahead of 2026
The Aug. 19 announcement follows a request-for-proposals process launched in April that invited submissions from technology companies, the party said in a statement. Party officials said the review was intended to identify platforms capable of helping Democrats connect with voters, manage volunteers, and coordinate events both online and in person.
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Boston Globe
16 minutes ago
- Boston Globe
Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud
Pulte also charged in his letter that Cook has listed her condo in Atlanta, Georgia, for rent. Mortgages for homes used as principal residences typically carry lower interest rates than properties that are purchased to rent, Pulte's letter said. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up The allegation represents another front in the Trump administration's attack on the Fed, which has yet to cut its key interest rate as Trump has demanded. If Cook were to step down, then the White House could nominate a replacement. And Trump has said he would only appoint people who would support lower rates. Advertisement The more members of the Fed's governing board that Trump can appoint, the more control he will be able to assert over the Fed, which has long been considered independent from day-to-day politics. Trump will be able to replace Chair Jerome Powell in May 2026, when Powell's term expires. Yet 12 members of the Fed's interest-rate setting committee have a vote on whether to raise or lower interest rates, so even replacing the Chair doesn't guarantee that Fed policy will shift the way Trump wants. Advertisement All seven members of the Fed's governing board, however, are able to vote on rate decisions. The other five voters include the president of the Fed's New York branch and a rotating group of four of the presidents of the Fed's other 11 regional branches. Trump appointed two members of the Fed's board in his first term, Christopher Waller and Michelle Bowman. Both dissented July 30 from the central bank's decision to keep its rate unchanged in favor of a rate cut. Another Fed governor, Adriana Kugler, stepped down unexpectedly Aug. 1, and Trump has appointed one of his economic advisers, Stephen Miran, to fill out the remainder of her term until January. If Trump is able to replace Cook, the first Black woman to serve on the Fed's board, as well as Kugler and Powell, that would give him a clear majority on the board of governors. Powell, however, could stay on the board after finishing his term as chair next May. The Federal Reserve declined to comment on the accusation. Trump has for months demanded that the Federal Reserve reduce the short-term interest rate it controls, which currently stands at about 4.3%. He has also repeatedly insulted Powell, who has said that the Fed would like to see more evidence of how the economy evolves in response to Trump's sweeping tariffs before making any moves. Powell has also said the duties threaten to raise inflation and slow growth. Advertisement Trump says that a lower rate would reduce the government's borrowing costs on $37 trillion in debt and boost the housing market by reducing mortgage rates. Yet mortgage borrowing costs do not always follow the Fed's rate decisions. The Trump administration has made similar claims of mortgage fraud against Democrats that Trump has attacked, including California Sen. Adam Schiff and New York Attorney General Letitia James.
Yahoo
2 hours ago
- Yahoo
Republican Bragging About Tipping Scolded for Tiny Tip
Iowa congresswoman Mariannette Miller-Meeks has gone viral for sharing a photo of her tiny tip on a meal, while praising the impact of Trump's new No Tax on Tips legislation. The 69-year-old Republican shared a photo from a Monday meal at Iowa's Sundown Bar and Grill in an X post on Tuesday, which has had over 6 million views. 'I got to celebrate No Tax on Tips with our wonderful server, she's thrilled about this provision and excited to keep more of what she earns!,' Miller-Meeks wrote. The photos include not only her lunch of a Philly steak sandwich and corn nuggets, but her receipt, which appears to show the congresswoman tipping $3 and small change on an $18 bill. A 20-percent tip on the bill would have been $3.40. She had also hand-written, 'No tax on tips!' on the bill. Comments on Miller-Meeks' post debated whether $3 for the server was an appropriate tip for the meal, especially considering the wage of a member of Congress, which totals $174,000. A spokesperson for her office, Anthony Fakhoury, told Iowa's News Now that Miller-Meeks tipped more than $3. 'The Congresswoman left a 20% tip, and unlike Democrats, she did not vote to increase taxes on hardworking Iowans. No Tax on Tips means more money in the pockets of servers, not the IRS,' Fakhoury said. The Daily Beast has contacted Miller-Meeks' office and the Sundown Bar and grill for further comment. The venue's website states, 'Our staff is always friendly, and our beer is always cold. You'll enjoy great food and great company at the Sundown Bar and Grill.' Miller-Meeks had stopped for lunch during a "Made in America" manufacturing tour, where she visited Iowa manufacturers promoting their American-made production. She said Trump's bill had offered workforce training, tax breaks and incentives for investment. 'One of the criticisms of the reconciliation bill was that it would not spur economic growth. And what I hear when I visit businesses large and small is exactly the opposite,' Miller-Meeks said on Tuesday. Congress passed Trump's No Tax on Tips provision last month, as part of his One Big Beautiful Bill. It aims to put more cash in the pockets of workers, who will be able to deduct $25,000 in tips each year from their taxable income. Tips will be federally taxed beyond that figure. Critics of the provision state that low-wage workers already may pay minimal income tax, so the exemption could favor those who earn higher tips. The viral post comes as Democratic candidate Christina Bohannan, who was only beaten by within 1,000 votes last year, has claimed she will try for a third time to beat Miller-Meeks in the 2026 midterms, where Democrats are focused on Iowa to take control of the House. She accused Miller-Meeks of putting 'partisan politics over Iowans.' Last month, Bohannan said 'From cutting Medicaid, to siding with DOGE's devastating cuts to Social Security, to enabling unelected, unaccountable billionaires like Elon Musk-Miller-Meeks has forgotten about us,' Bohannan said. 'It's time someone put Iowa first.'
San Francisco Chronicle
2 hours ago
- San Francisco Chronicle
Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud
WASHINGTON (AP) — President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud. Bill Pulte, director of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, urged the Justice Department to investigate Cook, who was appointed to the Fed's governing board by former president Joe Biden in 2022. She was reappointed the following year to a term that lasts until 2038. Pulte alleged that Cook has claimed two homes as her principal residences -- one in Georgia, the other in Michigan -- to fraudulently obtain better mortgage lending terms. The allegation represents another front in the Trump administration's attack on the Fed, which has yet to cut its key interest rate as Trump has demanded. If Cook were to step down, then the White House could nominate a replacement. And Trump has said he would only appoint people who would support lower rates. The Federal Reserve declined to comment on the accusation. Trump has for months demanded that the Federal Reserve reduce the short-term interest rate it controls, which currently stands at about 4.3%. Trump says that a lower rate would reduce the government's borrowing costs on $37 trillion in debt and boost the housing market by reducing mortgage rates. Yet mortgage borrowing costs do not always follow the Fed's rate decisions. The Trump administration has made similar claims of mortgage fraud against Democrats that Trump has attacked, including California Sen. Adam Schiff and New York Attorney General Letitia James.
