President Donald Trump has signed an Executive Order to restore order to American cities and remove vagrant individuals from its streets, redirecting federal resources toward programs that tackle substance abuse.
The Order directs the Attorney General to reverse judicial precedents and end consent decrees that limit State and local governments' ability to commit individuals on the streets who are a risk to themselves or others.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.