Category: United States Politics and Government

Bans on Many CBD Products Loom This Year

The New York Times – Business:
A federal law taking effect in November severely limits the amount of THC, the euphoric cannabis compound, allowed in over-the-counter items. Many groups are fighting back.
Federal Debt to Hit Record Levels, Budget Office Warns

The New York Times – Business:
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
Kevin Warsh Has a Tough Job Ahead. It’s Not the First Time.

Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
A Hawkish Kevin Warsh at the Fed Could Haunt Bessent

The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
Sell America Is the New Trade on Wall Street

Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.
Energy Bills Have Soared Recently. How Can States Bring Costs Down?

Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
For Hassett, Loyalty to Trump Became a Liability in Fed Race

Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
Trump Names ‘Data Nerd’ to Lead Labor Statistics Agency

The decision to nominate Brett Matsumoto, a career government economist, came six months after the president fired the previous commissioner.
Trump’s Lawsuit Against I.R.S. Creates ‘Enormous Conflict of Interest’

The president is demanding that the federal government pay him at least $10 billion over the unauthorized disclosure of his tax returns during his first term.
Hotel Owners and Workers, Tell Us How You’re Feeling

With hotels increasingly caught between the federal government’s immigration crackdown and protests against ICE, we want to hear how it’s affecting you.
Trump Picks Kevin Warsh as Next Fed Chair

If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May.
Is the ‘Influencer Right’ at Odds With Trump Over Minnesota?

A vocal group of Trump supporters broke with the president when he appeared to backpedal on his immigration crackdown in Minneapolis. Is it a rift, or just a passing mood?