Alan Rappeport
Posts
Senate Confirms Russell Vought as Office of Management and Budget Director
Mr. Vought, an architect of Project 2025 who served in the first Trump administration, will be at the center of President Trump’s plans to upend...
Mexico and Canada Reach Last-Minute Deal With Trump to Avert Trade War
President Trump agreed to delay tariffs on Mexico and Canada for a month after both countries pledged to do more to block drugs and migrants.
Warren Questions Bessent Over Musk Access to Treasury Payment System
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.
Trump Tariffs Threaten to Upend Global Economic Order
The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.
Once a Trump Foil, Warren Seeks Collaboration on Policy
As Democrats reel from defeat, Senator Elizabeth Warren, the Massachusetts progressive, preaches focus and accountability.
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1
The president said the planned duties were a response to China’s failure to curb fentanyl exports.
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.