Tag

Economic Policy

All articles tagged with #economic policy

politics2 days ago•40 min saved

Face the Nation: Iran Talks, Weaponization Fund Debate, and Ebola Alarm

A Memorial Day edition of Face the Nation covers a potential U.S.–Iran peace deal with talks on reopening the Strait of Hormuz and unfrozen assets alongside ongoing nuclear negotiations; Sen. Chris Van Hollen criticizes the approach and pushes guardrails on a roughly $1.8 billion anti-weaponization fund as Republicans push back. The show also features Reps. Gottheimer and Lawler discussing war powers and bipartisan efforts to address antisemitism, plus Kevin Hassett defending the economy amid high gas prices and war-related uncertainty. Dr. Deborah Birx details the Congo Ebola outbreak, travel restrictions, and preparedness, and the program closes with a Memorial Day interview with Medal of Honor recipients Will Swenson and Matt Williams reflecting on service and optimism for America.

via CBS News|

#antisemitism #ebola-outbreak #economic-policy

business1 month ago•78 min saved

Prosecutors press Fed access as Trump singles out Powell over chair tenure

Prosecutors sought access to the Federal Reserve building amid a DOJ probe into a $2.5 billion Fed renovation, as President Donald Trump again threatens to fire Fed Chair Jerome Powell once his term as chair ends next month; Powell says he will remain as chair until a successor is confirmed and argues the investigation is a pretext to undermine Fed independence. The situation unfolds against broader debates about the Fed’s autonomy and comes as the Supreme Court weighs a separate case involving another central bank governor, Lisa Cook.

via AP News|

#business #donald-trump #economic-policy

business1 month ago•17 min saved

Trump’s market-calm pitch in Iran crisis stalls amid ongoing volatility

President Trump sought to soothe investors amid the Iran crisis with public speeches and assurances, but markets remain volatile and little relief has materialized, underscoring skepticism that rhetoric alone can steady prices during heightened geopolitical risk.

via AP News|

#business #donald-trump #economic-policy

business2 months ago•23 min saved

U.S. sanctions relief frees Iranian crude aboard ships to ease oil prices

The Treasury will allow the sale of about 140 million barrels of Iranian crude already loaded on vessels, a move the Biden administration says is meant to ease soaring oil prices—though critics warn the measure could boost Iran’s war effort against the U.S.

via The Washington Post|

#business #donald-trump #economic-policy

business2 months ago•21 min saved

Oil surge rattles markets as G-7 passes on emergency stockpiles

Rising oil prices tied to the Iran-related conflict send global markets lower after the G-7 declines tapping emergency oil stockpiles, with energy costs climbing and gas prices edging toward $4 a gallon.

via The Washington Post|

#business #economic-policy #energy-markets

economic-policy2 months ago•18 min saved

Senate edges toward bipartisan housing-cost package

The U.S. Senate is nearing passage of a White House-backed, bipartisan package to lower housing costs, featuring new grants and a ban on large institutional investors from buying hundreds of homes in an effort to boost affordability ahead of the midterm elections.

via The Washington Post|

#affordable-housing #economic-policy #housing

economic-policy2 months ago•16 min saved

Judge finds IRS repeatedly violated federal law by sharing tax data with DHS

A federal judge found the IRS violated federal law roughly 42,695 times by sharing confidential taxpayer addresses with DHS immigration authorities in a data-sharing agreement last summer, highlighting privacy and legal concerns over IRS data handling.

via The Washington Post|

#court-decisions #economic-policy #immigration

economic-policy3 months ago•18 min saved

Trump pitches a sweeping federal-style retirement plan for private workers

In his State of the Union address, Trump floated a major new federal-style retirement benefit for roughly 54 million private-sector workers, but the White House lacks the legal authority to enact it and experts are skeptical about the proposed legislation.

via The Washington Post|

#donald-trump #economic-policy #personal-finance

economy3 months ago•18 min saved

U.S. economy slows to end-2025 as GDP growth cools

The BEA reports that U.S. growth cooled at the end of 2025, with fourth-quarter GDP up at an annualized rate of 1.4%, leaving 2025’s total growth at 2.2%—down from 2.8% in 2024—largely due to tariffs and a weeks-long government shutdown that weighed on momentum.

via The Washington Post|

#economic-indicators #economic-policy #economy

economy3 months ago•19 min saved

Tariffs Fail to Narrow U.S. Trade Gap in 2025

The U.S. merchandise trade deficit hit a record $1.2 trillion in 2025 despite President Trump’s tariff policy, signaling that the tariffs did not close the gap and that trade patterns shifted away from China toward other Asian exporters as import demand remained strong.

via The Washington Post|

#economic-policy #economy #international-trade

politics3 months ago•3 min saved

UK weighs delaying equal pay for 18–20s amid youth unemployment concerns

Ministers are reportedly weighing delaying the plan to remove discretionary age bands and raise 18–20-year-olds’ minimum wage to match those over 21, despite Labour’s manifesto commitment. With youth unemployment around 16% and employers warning higher wages may deter hiring, ministers may slow the timetable, though a full reversal is unlikely.

via BBC|

#economic-policy #labour-party #minimum-wage

economy4 months ago•19 min saved

Trump upends global economic order, triggering broad ripple effects

President Trump’s shift away from U.S.-led globalization toward an America First approach is reshaping the global economy, with allies warning the move could raise economic risks as trade and investment links recalibrate in a less integrated, more unruly order.

via The Washington Post|

#donald-trump #economic-policy #economy

business4 months ago•7 min saved

Trump Turns to Heavy-Handed Tactics in Bid to Lower Prices

President Trump escalates a coercive mix of regulatory threats, attacks on industries, and pressure on the Federal Reserve to lower rates, aiming to reduce prices but drawing warnings that the approach could destabilize markets and undermine central-bank independence even as inflation remains stubborn.

via The New York Times|

#business #economic-policy #federal-reserve

politics4 months ago•5 min saved

Warren Pushes Democrats Toward a Leftward Turn, Fearing Billionaire Influence

Senator Elizabeth Warren urged Democrats to abandon a centrist, billionaire-friendly approach and embrace a leftward, working-class–oriented economic agenda, arguing there can be no two-vision 'big tent' and warning against letting billionaire donors curb progressive aims. She highlighted donor influence, noted tensions around regulation and tech policy, and signaled she intends to shape 2026 messaging and policy direction.

via The New York Times|

#big-tent #billionaires #democrats

economic-policy4 months ago•0 min saved

Banks oppose Trump's proposed 10% credit card interest rate cap

President Trump has proposed a one-year cap of 10% on credit card interest rates, aiming to reduce consumer costs, but financial institutions criticize the move, arguing it could limit access to credit.

via The Washington Post|

#consumer-credit #credit-card-interest-rates #economic-policy