Category: Republican Party

War With Iran Clarifies Trump’s Spending Priorities: The Military, Not Child Care

The New York Times – Business:
As the White House prepares to release its 2027 budget, President Trump said military protection, not social programs, took precedence.
Trump Faces a Tough Fight With His New Budget

The New York Times – Business:
Last year, the president proposed many steep spending cuts that Congress never granted. This time, he may face an even tougher sell.
Trump Draws Bipartisan Backlash for Easing Oil Sanctions on Russia and Iran

The New York Times – Business:
Republicans and Democrats alike have criticized the Trump administration’s moves, taken to stabilize oil markets rocked by the war with Iran, warning that it is benefiting two U.S. adversaries.
Trump Faces Blowback on Easing Iran Oil Sanctions

The New York Times – Business:
President Trump once assailed the Obama administration for making cash payments to Iran. Now he supports sanctions relief that could give the country a $14 billion windfall.
With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts

The New York Times – Business:
President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
Trump Directs Iran War Keeping Markets Top of Mind

The New York Times – Business:
President Trump again demonstrated his desire to keep the stock markets aloft when he suggested U.S. attacks on Iran could end soon.
Trump’s Challenge to Free Market Capitalism

The New York Times – Business:
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?
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.
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.
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.”
Trump’s Feel-My-Pain Economic Message

The president appears skeptical about Americans’ concerns. How will voters respond?
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.