The U.S. dollar has had its worst start to a year since 1973, weighed down by President Donald Trump 's trade policy, a worsening outlook for the country's ever-growing public debt, and concerns about the independence of the Federal Reserve.

The greenback weakened 10.7% in the first six months of the year compared to a basket of currencies from major trading partners – the worst drop since 1973 when President Nixon stopped tying the dollar to the price of gold.

Just seven months into 2025, the U.S. dollar has had its worst start to a year in over half a century, according to a new report by the Financial Times. The dollar index, which measures the dollar’s strength against other major currencies,

House Republicans propelled President Donald Trump’s big trillion-dollar tax breaks and spending cuts bill to final passage Thursday in Congress, overcoming multiple setbacks to approve his signature second-term policy package before a Fourth of July deadline.

Republicans in the U.S. House of Representatives advanced President Donald Trump's massive tax-cut and spending bill toward a final yes-or-no vote early on Thursday morning, appearing to overcome internal party divisions over its cost.

It’s five hours and counting that House Democratic leader Hakeem Jeffries of New York has held the floor as he speaks out against President Donald Trump’s $4.5 trillion tax breaks and spending cuts bi