Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Category: Presidential Transition (US)
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Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
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Leaving the W.H.O. Could Hurt Americans on a Range of Health Matters
President Trump’s decision to pull out of the international health agency could deprive the United States of crucial scientific data and lessen the country’s influence in setting a global health agenda.
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Federal Spending Freeze Does Not Apply to Student Loans and Pell Grants
Students and parents panicked after news of the order, but the Education Department said the guidance would not stop the flow of money to students and schools.
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Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
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Howard Lutnick, Trump’s Commerce Nominee, Discloses Business Interests
Howard Lutnick disclosed details of complex financial interests, including at least $800 million in assets and positions in more than 800 companies.
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Justice Dept. Cancels Entry-Level Job Offers in Honors Program
The move was part of a domino effect initiated by President Trump’s enactment of a 90-day federal hiring freeze.
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A Big Day for Fox News, but TV Ratings Were Down for Trump Speech
Roughly 26 million people tuned in live to watch the president’s lunchtime swearing-in on the major TV networks, according to preliminary figures from Nielsen.
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RFK Jr. Sought to Stop Covid Vaccinations 6 Months After Rollout
Robert F. Kennedy Jr. petitioned the F.D.A. to revoke authorization of the shots at a time when they were in high demand and considered life-saving.
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Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.