As voters returned Donald Trump to the White House in November, many had the economy top of mind. Candidate Trump vowed to bring down prices right away and foresaw boom times for the market. That’s not the case nearly two months into the administration,

Key Takeaways Treasury Secretary Scott Bessent said the administration's goal was to have a "smooth transition" to an economy with less federal spending.Last week, Bessent stoked fears of a recession by warning of a period of "detox" from high government spending as Trump slashed programs and workers.

President Donald Trump is planning to invoke wartime authority in the coming days to rapidly accelerate the deportation of immigrants, according to people familiar with the matter.

Legal contributor Kim Wehle explains the wartime law, as well as the Trump administration asking the Supreme Court to narrow nationwide injunctions blocking an order redefining birthright citizenship.