Category: Johnson, Mike (1972- )

As Trump Throws a Midterm Party, Some Vulnerable Republicans Send Regrets

The New York Times – On the Runway:
Many members of Congress in the most competitive re-election races are skipping the chance to share a pep rally stage with President Trump.
Republicans Advance Stock-Trading Bill With Limited Restrictions

The bill would allow lawmakers to keep their existing stock and continue to sell it if they provide seven to 14 days of notice. Democrats called it a “gift to insider traders.”
Why Trump’s Greenland Strategy Has the World on Edge

The president is again focused on acquiring the mineral-rich island. But lack of clarity about his goals and tactics is weighing on political and business leaders.
Trump Seizes on Shutdown to Punish Political Foes

The White House has cut or paused billions in funding to Democratic-run cities and states since the federal government came to a halt.
The House Passed Trump’s Megabill. Bond Investors Are Worried.

Republicans brought the president’s tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs.
Trump’s Tax Policy Collides with Market Reality

Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America’s debt pile.
The ‘Sell America’ Trade Makes a Comeback

Investors sold stocks and bonds after Moody’s downgraded the U.S. credit rating, potentially complicating negotiations around Republicans’ tax plan.
Inside a Union’s Fight Against Trump’s Federal Job Cuts

Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.”
Trump’s Win Shows Limits of Biden’s Industrial Policy

Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices.
Small Business Administration Will Soon Exhaust Disaster Loan Funds

The agency has less than $100 million for new loans, according to officials, while Hurricane Milton is headed toward Florida and after Hurricane Helene devastated much of the Southeast.
Senate Passes Child Online Safety Bill, Sending It to an Uncertain House Fate

The legislation would impose stricter privacy rules and safeguards for children on the internet and social media, but concerns about free speech and fierce industry lobbying pose challenges.
Tax Bill Moves Forward, but Election-Year Politics Threaten Its Chances

Republicans planned on Wednesday to push a $78 billion bipartisan tax bill through the House. The effort is a test of whether a dysfunctional Congress can pass major legislation in an election year.