Latest from Matthew Dewees
Democrats say Trump insiders may have profited off market turmoil triggered by launch, abrupt pause on tariffs
WASHINGTON — Sens. Ruben Gallego and Adam Schiff are demanding information about potential insider trading by President Donald Trump’s family and inner circle, including billionaire Elon Musk. They cite the huge profits some traders made after he paused sweeping tariffs that had caused markets to crater.
Trump’s massive global tariffs wiped out trillions in US markets before he hit pause. What did, or could, his trade war achieve?
WASHINGTON – President Donald Trump’s global tariffs wiped out $10 trillion before he hit pause and U.S. markets bounced back somewhat. His stated goals: bargaining leverage, revenue and protection for American industry. Was the pain worth it?
Trump’s worldwide tariffs jolt markets, wipe out trillions and leave Arizona retirees reeling
WASHINGTON – The stock market lost $3.1 trillion on Thursday as investors recoiled in fear from President Donald Trump's worldwide barrage of tariffs. Retirees’ investments took a major blow and unlike young workers, they don't have decades to wait for the market to bounce back.
Fiscal impact of immigrants cuts both ways – education, health care and some welfare benefits but also tax revenue and labor
WASHINGTON — Immigrants without legal status represent both costs and benefits to taxpayers and the economy. It’s a more complex picture than many people realize.
Trump wants to kill the CHIPS Act, saying tariff threat prompted TSMC’s new $100 billion bet
WASHINGTON — President Donald Trump wants to kill the CHIPS Act, which provides $6.6 billion in federal subsidies for TSMC's $65 billion Phoenix semiconductor fabrication complex. He claimed that TSMC has not received money from the program, which is incorrect.
Takeaways from President Donald Trump’s address to Congress: friction with Democrats, commitment to tax cuts and mass deportations
WASHINGTON – President Donald Trump’s address to Congress touched on immigration, Ukraine and the economy. Democrats were not impressed and the disdain was mutual and raw.
Trump’s upcoming address to Congress: Arizona Democrats denounce ‘havoc’ and Republicans aren’t sure what to expect
WASHINGTON – Ahead of President Donald Trump’s address to Congress, Arizona Democrats say he’s done a “horrible job” and needs to explain how he’ll make life more affordable for regular Americans. Republicans like Rep. David Schweikert have no idea what to expect.
Apple’s $500B pledge to expand US manufacturing includes chips from massive TSMC Phoenix factory; Trump credits tariff threat
WASHINGTON – Apple’s pledge to spend $500 billion to onshore production means a boost for TSMC’s massive chip factory in Phoenix. President Donald Trump chalked up Apple CEO Tim Cook’s move to Trump’s tariff threat.
5 ways the Trump tariffs on Mexico and Canada would hit Arizona wallets
WASHINGTON – The 25% tariffs that President Donald Trump has threatened on imports from Mexico and Canada would cause pain in Arizona. Prices on fruits and vegetables, gas and housing would rise and tourism – and the tax revenue it brings – could fall.
Trump’s order to end minting of pennies will save taxpayers millions without much impact on Arizona copper mines
WASHINGTON — Most copper mined in the U.S. comes from Arizona. But President Donald Trump’s surprise announcement that he will halt minting of pennies isn’t likely to make much difference, because nearly all the metal in pennies made since 1982 is zinc – including the 3.2 billion minted last year.
Donald Trump’s mass deportations could mean higher costs and labor shortages in Arizona
WASHINGTON — Donald Trump's mass deportations may lead to higher wages and prices in Arizona, along with worker shortages in the agriculture and construction sectors.
Mark Kelly, Ruben Gallego join rare overnight Senate protest against Trump pick for budget director, an architect of Project 2025
WASHINGTON – Arizona Sens. Mark Kelly and Ruben Gallego joined other Democrats in an overnight marathon protesting President Donald Trump’s appointment for budget director, Russell Vought.
‘QAnon Shaman’ and other Jan. 6 rioters from Arizona celebrate Trump pardons that many denounce as a slap to democracy and police
Washington — About 15 of the nearly 1,600 people pardoned by President Donald Trump in connection with the Jan. 6 attack on the U.S. Capitol are from Arizona – including the “QAnon Shaman;” a Proud Boys member who was on standby for an armed second wave; and Ray Epps, the target of rightwing rumors about an FBI plot to spark the riot.
Trump vents about Biden’s pardons, Capitol riot ‘hostages,’ crowd undercount 8 years ago in unscripted post-inauguration speech
WASHINGTON – President Donald Trump pivoted quickly from a scripted inauguration speech to venting about losing a "rigged" 2020 election and Biden’s 11th-hour pardons for Liz Cheney, Gen. Mark Milley and Dr. Anthony Fauci.
Donald Trump vows breathtaking pace of pardons, deportations and retribution after inauguration
WASHINGTON – Donald Trump offered a vision of American renewal as he returns to the White House, along with swift and sweeping changes on immigration, “woke” ideology and the economy.
Canceled inauguration parade would have put spotlight on pro-Donald Trump Navajo group
WASHINGTON – The Inaugural Parade, canceled three days before President-elect Donald Trump's swearing-in – would have featured a couple of dozen “Navajos for Trump,” activists who campaigned for Trump in Arizona and other states.