The president plans to meet with the White House budget chief to slash what he described as “Democratic agencies.”
Category: Trump, Donald J
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Fed’s Independence in Jeopardy Despite Latest Lisa Cook Victory
A Supreme Court order keeping Lisa Cook on the Federal Reserve Board for now is “a time to exhale but not breathe easy,” one expert said.
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New Tariffs Could Worsen America’s Housing Crisis
President Trump’s tariffs on timber, wood, furniture and kitchen cabinets could raise the cost of building and buying a home.
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For Workers, Mixed Signals. For the Public, Limited Impact on Shutdown’s First Day.
Federal agencies gave shifting and mixed guidance to their work forces about who should come to work and who shouldn’t, but the initial effect on services appeared scattered and limited.
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How Trump’s Online Drugstore May Affect Your Drug Costs
President Trump and top health officials announced a deal with Pfizer to try to lower Medicaid prices, and a website to help consumers buy drugs directly from manufacturers.
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Trump Uses Shutdown to Maximize Pain for Democrats and Move Forward With Layoffs
The Trump administration forged ahead with plans to conduct mass layoffs, as the fiscal standoff appeared to intensify.
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Irish Hotelier Accuses Qatari Royals of Scheme to Get Free Labor
A lawsuit accuses members of the emirate’s ruling family of stringing the Irish hotelier, Patrick McKillen, along on high-end developments as “part of a yearslong pattern of illegal racketeering.”
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Markets Brace for the Costs of a Shutdown
An economic data blackout, potential delays to I.P.O.s, and a furlough tab of perhaps $400 million dollars a day could add volatility, investors fear.
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Shutdown Puts a Divided Fed in a Perilous Position
Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution.