Trump Demands Fed Lower Rates; California May Yield on Net Neutrality

The Federal Reserve has implemented its first interest rate hike in three years, a move that has drawn a swift and forceful reaction from President Donald Trump. Trump publicly demanded that the rates be lowered "fast," signaling continued tension between the White House and the independent central bank.

In parallel, the Trump administration's policies are impacting state-level regulations, with California reportedly considering gutting its state net neutrality law. This potential change stems from federal broadband grants that reportedly forbid states from enforcing their own net neutrality provisions. Meanwhile, White House Chief of Staff Susie Wiles has announced she is cancer-free, a personal development for a key administration figure.