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.
The Markets Cheer Trump’s Treasury Pick, Scott Bessent
Posted inAppointments and Executive Changes Banking and Financial Institutions Bessent, Scott internal-storyline-no Lutnick, Howard W Musk, Elon Powell, Jerome H Presidential Election of 2024 Presidential Transition (US) Regulation and Deregulation of Industry Soros, George Trump, Donald J United States Economy

The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.
How Trump Could Upend Electric Car Sales
Posted inAutomobile Renting and Leasing Automobiles Batteries Biden, Joseph R Jr Consumer Behavior Electric and Hybrid Vehicles Factories and Manufacturing General Motors Global Warming International Trade and World Market Musk, Elon Presidential Election of 2024 Prices (Fares, Fees and Rates) Tax Credits, Deductions and Exemptions Tesla Motors Inc Treasury Department Trump, Donald J United States United States Economy United States Politics and Government

How Trump Could Upend Electric Car Sales

Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.