The president plans to meet with the White House budget chief to slash what he described as “Democratic agencies.”
Category: United States Politics and Government
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Fed’s Independence in Jeopardy Despite Latest Lisa Cook Victory
A Supreme Court order keeping Lisa Cook on the Federal Reserve Board for now is “a time to exhale but not breathe easy,” one expert said.
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New Tariffs Could Worsen America’s Housing Crisis
President Trump’s tariffs on timber, wood, furniture and kitchen cabinets could raise the cost of building and buying a home.
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For Workers, Mixed Signals. For the Public, Limited Impact on Shutdown’s First Day.
Federal agencies gave shifting and mixed guidance to their work forces about who should come to work and who shouldn’t, but the initial effect on services appeared scattered and limited.
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How Trump’s Online Drugstore May Affect Your Drug Costs
President Trump and top health officials announced a deal with Pfizer to try to lower Medicaid prices, and a website to help consumers buy drugs directly from manufacturers.
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Trump Uses Shutdown to Maximize Pain for Democrats and Move Forward With Layoffs
The Trump administration forged ahead with plans to conduct mass layoffs, as the fiscal standoff appeared to intensify.
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Will the Government Shutdown Affect Flights? What to Know.
During the last government shutdown, which began in late 2018, many demoralized workers called out sick or did not show up to work.
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Shutdown Puts a Divided Fed in a Perilous Position
Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution.
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White House Pulls Pick to Lead Labor Data Agency
E.J. Antoni, a conservative economist, had faced bipartisan criticism as President Trump’s nominee to lead the Bureau of Labor Statistics.
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Trump Announces Pfizer Deal to Lower Some Drug Prices and Unveils TrumpRx Website
The administration said the drug company would sell many of its products to the government insurance program for lower-income Americans at prices that align with those in Europe.
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The Economic Stakes of a Government Shutdown
Investors have shaken off threats of damage from shutdowns before. But federal layoffs, pauses in economic data and more could make this time different.