If the proposal goes into effect, it would be the latest rollback of one of President Trump’s key economic policies over concerns about affordability.
Category: United States Politics and Government
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The Global Climate Leadership Vacuum
The United States is largely absent from the United Nations climate negations in Brazil. So who is stepping up?
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The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
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Trump Administration to Drastically Cut Housing Grants
In a major shift, HUD’s plan would direct most of the $3.5 billion in homelessness funds away from Housing First to programs that prioritize work and drug treatment.
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As Consumer Bureau’s Cash Dwindles, Trump Administration Declares Its Funding Illegal
The Justice Department embraced a novel conservative legal theory that it said blocked the Federal Reserve from funding the agency.
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By Not Funding Food Stamps, Trump Risks Lasting Damage to Safety Net
For the poorest Americans, the expected end to the longest shutdown in history has left doubt and anxiety around the benefits known as SNAP.
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Atlanta Fed President to Step Down in February
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank.
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Michelle Obama’s New Book Is a Historical Document Dressed Up as a Coffee-Table Tome
“The Look” should be studied by generations to come, not because of what it reveals about fashion, but politics.
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The I.R.S. Tried to Stop This Tax Dodge. Scott Bessent Used It Anyway.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.