The GOP’s “big, beautiful bill,” as the law is called, created a new children’s savings program, Trump Accounts, which can be created for babies born in the U.S. and come with a potential $1,000 deposit from the Treasury.

U.S. Treasury Secretary Scott Bessent on Wednesday likened new savings accounts in a bill President Donald Trump this month signed into law to "a backdoor for privatizing Social Security," speaking at an event sponsored by Breitbart.

The Trump administration asked the U.S. Court of Appeals for the Federal Circuit to review a trade court's decision invalidating President Trump's 10% tariffs.

The U.S. Court of Appeals is hearing a case against President Trump's tariffs. NBC News Senior Policy Reporter Shannon Pettypiece and Hofstra University Law Professor James Sample join Chris Jansing to break down Trump's use of emergency power being put to the test.