Washington Edition
President brings campaign to department
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by Akayla Gardner

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Friday, White House correspondent Akayla Gardner delivers a roundup of the key news and events in politics, policy and economics that you need to know. Sign up here and follow us at @bpolitics. Email our editors here.

Law and Order

President Donald Trump’s visit to the Justice Department today carries a heavy load of symbolism. The chief US law enforcement agency was once, in Trump’s eyes, the heart of the “deep state” that had “weaponized” the law to prosecute him.

Now it’s Trump territory. The prosecutors who had worked with Special Counsel Jack Smith investigating Trump over his actions following the 2020 election and his handling of classified documents have been fired. Senior officials at the FBI also were ousted.

Trump used the occasion to deliver a campaign-style speech that included his list of longtime grievances and a vow that his purge isn’t over. He claimed a mandate from voters for a “far-reaching investigation” of what he called “the corruption of our system.” Some of those who opposed him “should go to jail,” he said.

Led by Trump’s attorney general, Pam Bondi, the department — along with other arms of the government — has been assigned with aggressively forging ahead on key tenants of the president’s priorities, including arresting and deporting undocumented immigrants and some legal residents as well as going after drug traffickers.

Bondi and Trump arrive at the Department of Justice. Photographer: Roberto Schmidt/AFP/Getty Images

Some of Trump’s decisions are testing the bounds of the law and are already, or are expected to, head to the courts. Officials in Democratic-run states and cities have formed some of the key pushback on his immigration policies.

“These liberal mayors and governors can resist all they want, but we’re not tolerating it,” Bondi told Fox Business today. 

The Justice Department’s mission statement on its website lists among its values independence and impartiality. But it’s rarely been fully free of politics. Politics, though, is increasingly becoming a fixture.

Other developments this week:

  • Tax pressure: As the president and his team warn of short-term pain from his bid to drastically overhaul trade policy and government spending, pressure is mounting on Trump to speed up action on his proposal for sweeping tax-cut legislation to juice the economy, my colleague Nancy Cook reports. Unlike tariffs, which have sent financial markets into a tailspin, Trump needs Congress to act on taxes. But passing the legislation by early summer may prove harder than the president and congressional Republicans would like.
  • Going to Court: Trump is asking the Supreme Court to limit the reach of three federal court rulings that blocked his executive order seeking to restrict automatic birthright citizenship, Bloomberg’s Greg Stohr reports. Filings by Trump’s lawyers don’t ask the court to directly consider the constitutionality of his action, which would jettison what until recently was the widespread understanding that the Constitution’s 14th Amendment confers citizenship on virtually everyone born on US soil. Instead it focuses on the power of judges to issue so-called universal injunctions.
  • Energy power: Trump is able to exert US geopolitical leverage over allies and adversaries through the nation’s growing output of liquefied natural gas, an increasingly critical commodity, Kevin Crowley and Ruth Liao reported for Bloomberg Businessweek. The US has become over a span of about seven years the world’s largest supplier of LNG, and production capacity is on track to expand by 60% in the next two years.

Don’t Miss

US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs.

The US is tightening sanctions on Russia by restricting payments for energy even as it pursues peace negotiations with President Vladimir Putin’s government over the war in Ukraine.

The Trump administration said it was optimistic about the possibility of a ceasefire in Ukraine even though Putin appeared to reject US calls for an immediate halt to the violence.

A staffer for the Department of Government Efficiency violated Treasury Department policies when he sent a spreadsheet containing personal information to two other people in the Trump administration.

Less than three full months into 2025, US measles cases have surpassed last year’s total, as a worrying outbreak across 15 states that’s linked to two deaths continues to spread.

A federal judge directed 18 agencies to temporarily rehire thousands of terminated employees, dealing another judicial defeat to Trump administration efforts to shrink the government.

Trump’s mass firings and freezing of billions of dollars appropriated by Congress could have ripple effects on the US scientific research and enterprise for years to come.

A move in Congress to strip $1.1 billion from the Washington, DC, budget has elected leaders across the area scrambling to prepare for the impacts of what the city’s mayor has said would be a devastating blow.

America’s postmaster general knew that sooner or later, DOGE would come calling at the US Postal Service. So Louis DeJoy decided to have DOGE work with him.

Trump and key Senate Republicans are still grasping for a solution to the US government closing in on breaching its legal borrowing limit following a White House meeting.

Watch & Listen

Today on Bloomberg Television’s Balance of Power early edition at 1 p.m., hosts Joe Mathieu and Kailey Leinz interviewed former US Ambassador to NATO Kay Bailey Hutchison on trying to get Russia to the negotiating table and the role of the Atlantic alliance.

On the program at 5 p.m., they talk with Diane Swonk, chief economist at KPMG, about the wild swings in financial markets and the reaction to Trump's actions on tariffs.

On the Big Take DC podcast, host Saleha Mohsin is joined by Bloomberg’s Josh Wingrove to explore what Trump’s metals tariffs could mean for domestic manufacturing and for America’s relationships with some of its closest allies. Listen on iHeart, Apple Podcasts and Spotify.

Chart of the Day

Millions of Americans recently received their annual salary adjustments and many likely were left with the same thought: “My salary bump is less than inflation so I'm essentially worse off.” That line of thinking was apparent in the latest University of Michigan consumer poll. It found that close to two thirds of adults don't believe that during the next year or two their family income will beat the rise in prices, so essentially they will be worse off. That feeling is being expressed even as the pace of price growth has fallen since mid-2022. If households anticipate that their standard of living will fall, they likely will trim back on major purchases and overall consumer spending may fall. — Alex Tanzi

What’s Next

Retail sales for February will be reported on Monday.

Housing starts in February are set for release on Tuesday.

The Fed’s Open Market Committee meets Tuesday and Wednesday.

Existing homes sales in February will be reported March 20.

Seen Elsewhere

  • US Immigration and Customs Enforcement has warned Congress it has a $2 billion shortfall this fiscal year with Trump's immigration policies likely to rack up even higher costs, Axios reports.
  • The measles outbreak in Texas and New Mexico is creating agonizing choices for parents of babies younger than six months old, who are too young to be be vaccinated, according to the New York Times.
  • Electronics have given carmakers openings to redesign gear selectors as joysticks, button and touchscreens, but drivers are often befuddled by the lack of standardization, according to the Wall Street Journal.

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