In Kerr County, Trump was greeted by Gov. Greg Abbott, who on Friday announced the federal government updated Trump's disaster declaration to include more counties. Abbott said the move "will provide critical assistance to Texans and communities impacted by the devastating flooding."

Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and bonds.

Texas State Senator Angela Paxton has filed for divorce from her husband, Republican state Attorney General Ken Paxton, who has long faced accusations of infidelity and corruption. Senator Paxton blamed the split squarely on her husband’s cheating, while the attorney general blamed the split on “the pressures of countless political attacks.”

Office of Management and Budget director Russ Vought addresses 'big, beautiful bill' critics' concerns about raising the national deficit on 'The Story.'

President Donald Trump met with victims' families and surveyed the damage of catastrophic floods that struck the state one week ago.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

KERRVILLE, Texas (AP) — President Donald Trump on Friday toured the devastation from catastrophic flooding in Texas and lauded state and local officials, even amid mounting criticism that they may have failed to warn residents quickly enough that a deadly wall of water was coming their way.

After a nail-biter vote in the Senate, the House is taking up President Donald Trump's giant tax and immigration bill. It's expected to face some issues, especially among fiscal hawks as the Senate version is projected to add roughly $1 trillion more to the deficit than what the House passed back in May.