The Economy Is Finally Stable. Is That About to Change?
Posted inBanking and Financial Institutions Bessent, Scott Coronavirus (2019-nCoV) Credit and Debt Customs (Tariff) Federal Reserve System Government Bonds Illegal Immigration Immigration and Emigration Inflation (Economics) Interest Rates International Trade and World Market Labor and Jobs Layoffs and Job Reductions Presidential Election of 2024 Prices (Fares, Fees and Rates) Protectionism (Trade) Recession and Depression Regulation and Deregulation of Industry Stocks and Bonds Taxation Trump, Donald J United States United States Economy United States Politics and Government

The Economy Is Finally Stable. Is That About to Change?

President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and contradictory effects, adding uncertainty to forecasts.
Trump Picks Former Representative Billy Long to Lead I.R.S.
Posted inAppointments and Executive Changes Internal Revenue Service Long, William H II Presidential Transition (US) Taxation Trump, Donald J United States Politics and Government Werfel, Daniel I

Trump Picks Former Representative Billy Long to Lead I.R.S.

Billy Long served six terms as a representative from Missouri. Since then, he has helped businesses claim a pandemic-era tax credit that has been riddled with fraud and cost the government billions more than anticipated.
Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
Posted inBessent, Scott Commerce Department Customs (Tariff) Lutnick, Howard W Presidential Election of 2024 Presidential Transition (US) Private Equity Protectionism (Trade) Tax Cuts and Jobs Act (2017) Taxation Treasury Department Trump, Donald J United States Economy United States Politics and Government

Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.