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Trump Announces Plan for Steep Tariffs on Imported Generic Drugs

Washington, Thursday, 23 July 2026.
The Trump administration’s planned 200% tariff on imported generic drugs by 2029 targets medications that currently make up about 90% of US prescriptions, risking severe supply disruptions.

Missouri Passes New Law to Convert Empty Office Buildings into Housing

St. Louis, Thursday, 23 July 2026.
Signed in July 2026, Missouri’s new downtown revitalization law reserves half its tax credits for just four giant buildings, though regulatory delays push full implementation to 2027.

House Passes Bill to Ban Lawmakers From Buying Individual Stocks

Washington, Thursday, 23 July 2026.
The U.S. House passed a landmark bill banning lawmakers from buying stocks, though critics argue the lack of a divestiture requirement leaves a massive loophole for existing portfolios.

Federal Court Blocks Immediate Loss of Immigrant Work Permits

Washington, Wednesday, 22 July 2026.
A federal judge temporarily blocked a Trump administration policy, saving thousands of immigrants from losing their work permits and facing immediate deportation starting July 22.

Congress Moves to Mandate AM Radio in New Vehicles

Washington, Wednesday, 22 July 2026.
As automakers phase out AM radio due to electric vehicle interference, bipartisan US lawmakers are pushing to mandate the technology as a vital emergency broadcast lifeline.

Florida Congressman Cory Mills Faces Federal Criminal Investigation

Washington, D.C., Wednesday, 22 July 2026.
The U.S. Justice Department has launched a criminal investigation into Representative Cory Mills’ finances, compounding existing ethics inquiries as he prepares for his upcoming August primary election.

Defense Contractors Scramble to Replace Foreign Parts Under New Mandate

Washington, Wednesday, 22 July 2026.
A July 20, 2026, executive order forces defense contractors to eliminate foreign-sourced radio components by January 2027, triggering an urgent, high-stakes overhaul of domestic military supply chains.

Kalshi Launches New Platform to Track Midterm Election Odds

New York, Wednesday, 22 July 2026.
Kalshi’s new Midterms Hub merges real-time betting odds with polling data, reflecting a growing trend where 75% of users visit the platform for political research rather than trading.

IRS Chief Denies Allegations of Spying on Bank Colleagues

Washington, Wednesday, 22 July 2026.
IRS Commissioner Frank Bisignano denied allegations of spying on bank colleagues, including Wells Fargo’s current CEO, ahead of a scheduled congressional inquiry on July 27, 2026.

White House Redirects Billions in Research Funds to Artificial Intelligence

Washington, D.C., Wednesday, 22 July 2026.
The White House is reshaping $200 billion in annual research spending, bypassing traditional universities to fund individual scientists and artificial intelligence to outpace global technological competition.