What We're Watching

Two major Trump trial decisions this week

​Former U.S. President and Republican presidential candidate Donald Trump..
Former U.S. President and Republican presidential candidate Donald Trump..
REUTERS/Mike Segar

A federal appeals court ruled Tuesday that Donald Trump is not immune to criminal charges for things he did while president. Specifically: the DC federal indictment accusing him of trying to overturn the 2020 election.

Trump will appeal to the Supreme Court to delay the DC trial, stalling it until SCOTUS decides whether to take up the case before its session ends in July.

SCOTUS is hearing its first Trump case this week. On Thursday, justices will decide whether the insurrection clause of the 14th Amendment allows states to bar Trump from primary ballots, just over a month after Colorado and Maine disqualified him.

The insurrection clause says officeholders that “engaged in an insurrection” can’t be reelected. It was created to stop Confederates from regaining power after the Civil War and hasn’t been implemented since, so justices can decide how to enforce it.

The core question: Which is worse for democracy, taking a candidate off the ballot or an alleged insurrectionist returning to power?

What to watch: Whether SCOTUS rules that Jan. 6, 2021, was an insurrection, even if they also decide to keep Trump on the ballot. If they do, that would empower prosecutors in the DC federal indictment and an upcoming case on Jan. 6 participants.

More For You

Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.

President Donald Trump delivers an address to the nation from the Diplomatic Reception Room of the White House, in Washington, D.C., U.S. Wednesday, Dec. 17, 2025.
Doug Mills/Pool via REUTERS

Less than one day after US President Donald Trump declared a military blockade of sanctioned oil tankers from Venezuela, he addressed the nation during a rare primetime speech – but didn’t talk about Venezuela.