Stakes in private companies. Handshake deals with chief executives. The president’s economic policy has drifted far from principles that long defined the Republican Party. Is it capitalism at all?
Category: Republican Party
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How the H-1B Visa Debate Is Driving a Wave of Racism Against South Asians
The New York Times – Business:A dispute over the impact of H-1B visas on U.S. workers has been overshadowed by racist rhetoric, with troubling echoes of the great replacement conspiracy theory.
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Laid-Off Battery Plant Workers Pin Blame on Ford, not Trump, for Lost Jobs
The New York Times – Business:Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
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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.”
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Trump’s Feel-My-Pain Economic Message
The president appears skeptical about Americans’ concerns. How will voters respond?
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What to Know About the Criminal Investigation of Fed Chair Jerome Powell
The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms.
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Minimum Wage Rises in Some States as Workers Struggle with Basic Costs
This year, for the first time, more Americans will earn a minimum wage of $15 per hour or higher than will earn the federal minimum of $7.25 per hour.
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Tesla Car Sales Dropped 9% in 2025, Falling Behind China’s BYD
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
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How Kevin Hassett Became a Trump Loyalist and Fed Chair Contender
Mr. Hassett’s evolution from conservative economist to defender of the president’s economic agenda has raised questions about how he would lead the central bank.
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Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
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Supreme Court Grapples With Whether to Lift Campaign Finance Limits
The dispute before the court involved a Republican effort to lift limits on how much money political parties can spend in coordination with candidates.