Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.
Category: United States Politics and Government
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Wall Street Bankers Offered Lucrative Access to Join the Pentagon
A presentation from a headhunting firm aimed to recruit Wall Street investors to the Pentagon by offering “unmatched access” to government officials and fund-raising opportunities among foreign sovereigns.
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The War in Iran Is Roiling the World, but Not the U.S. Stock Market
Investors say they are balancing the risks from oil disruptions against the many positives like strong corporate earnings and the likelihood that President Trump will end the war if it threatens markets.
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With Disputed Legal Maneuver, Trump Tries to Set Policy Without Legislation
By suing Republican states and making sharp reversals in old cases, the Trump administration is using courts to fast-track major shifts in policy.
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Trump to Target Forced Labor in Global Tariff Scheme
The Trump administration is expected to begin a trade investigation into whether dozens of countries have policies to combat forced labor.
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Banking Regulators Plan to Ease Some Capital Requirements
The Federal Reserve and other financial regulators will soon release proposals to loosen some planned rules on how much capital banks must hold in reserve to mitigate risks.
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Senate Resoundingly Passes Housing Bill, but Challenges Lie Ahead
The lopsided vote to approve the measure was a rare bit of election-year bipartisanship on a major affordability issue, but G.O.P. disputes and President Trump’s disinterest have left its fate uncertain.
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U.S. Trade Deficit Falls in January
The data showed imports dipped and exports rose in the month before the Supreme Court struck down most of the president’s tariffs.
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What to Know About Airport Security Lines During the Partial Government Shutdown
Images of seemingly endless waits at security checkpoints have spread online, but the reality of the partial government shutdown is less straightforward.
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Trump Administration Suggests Tariff Refunds May Take Significant Time
The government must update a federal court on Thursday about its timeline for returning roughly $166 billion in illegal duties.
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Trump Administration to Announce New Trade Investigations
The investigations into unfair trade practices will likely lead to tariffs on foreign countries, as the administration works to replace the import taxes struck down by the Supreme Court.
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Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.