Category: United States Politics and Government

Are Democrats Becoming a Party of Tax Cuts?

The New York Times – Business:
As Democrats try to find a way back to power in Washington, some see tax cuts as a quick and easy way to address affordability. The wonks are freaking out.
Are Democrats Becoming a Party of Tax Cuts?

The New York Times – Business:
As Democrats try to find a way back to power in Washington, some see tax cuts as a quick and easy way to address affordability. The wonks are freaking out.
Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much

The New York Times – Business:
Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
American Airlines Says It Won’t Merge With United

The New York Times – Business:
American issued the statement after news reports that United Airlines’ chief executive had discussed the idea with the Trump administration.
Trump Seeks More Time in Lawsuit Against IRS Over His Tax Returns

The New York Times – Business:
The Justice Department has not responded to the president’s suit, which has created a conflict of interest for the government’s lawyers.
Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open

The New York Times – Business:
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
Pentagon Seeks Help From Ford and G.M.

The New York Times – Business:
Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline

The New York Times – Business:
Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick

The New York Times – Business:
Kevin M. Warsh is scheduled to testify on Tuesday despite an ongoing criminal investigation into the chair of the Federal Reserve that stands in the way of a smooth transition.
Help for Medicare Advantage Patients Who Lose Doctors Is Shelved, for Now

The New York Times – Business:
Nationwide, hospital and providers are leaving private Medicare Advantage plans, putting thousands of seniors at risk of higher costs and the loss of trusted doctors.
Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles

The New York Times – Business:
Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.
Trump Threatens to Fire Powell if He Does Not Resign From Fed

The New York Times – Business:
Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over.