Economy

Trump’s Deregulation Blitz Targets Soaring Energy Costs

President Donald Trump’s push to roll back energy regulations is aimed at lowering inflation and easing the cost of living, according to EPA Deputy Administrator David Fotouhi.

Supreme Court Could Crush Trump Tariffs, GOP Secretly Cheers

Rep. Jamie Raskin (D-MD) said Wednesday that many Republicans are privately hoping the U.S. Supreme Court strikes down President Donald Trump’s use of tariffs.

Fed Slashes Rates Blind, Deep Divide

The Federal Reserve’s recent quarter-point rate cut exposed more than a shift in policy—it revealed a central bank struggling to steer the U.S. economy with missing instruments.

Experts Warn, Trump’s Tariffs Could Explode Trade Deficit

A coalition of top economists has filed a legal brief with the U.S. Supreme Court arguing that President Donald Trump’s sweeping tariff strategy will worsen — not reduce — the U.S. trade deficit.

Chris Murphy, Trump’s Tariffs Are Just a Cash Grab

During Sunday’s broadcast of CNN’s State of the Union, Sen. Chris Murphy (D‑CT) accused President Donald Trump of weaponizing tariffs not to boost U.S. manufacturing.

Trump Economy Mortgage Rates Drop as Investment Surges

The Trump administration is touting a major economic resurgence as a result of its renewed pro-growth, pro-energy, and pro-investment agenda. At a press conference this week, White House Press Secretary Karoline Leavitt highlighted key indicators showing that the U.S. economy is rebounding strongly under President Donald Trump’s leadership—just months after he returned to office.

Georgia Paper Mill Closures Trigger $2.9B Economic Crisis

The shutdown of five paper mills in southeast Georgia is expected to slash $2.9 billion annually from the state’s economy, lawmakers were told during a House Rural Development Committee hearing on Wednesday.

Stephen Moore Rips Intel CHIPS Deal as Government Overreach

Former Trump economic adviser Stephen Moore warned Monday that the Biden administration’s decision to take a 10% stake in Intel Corporation is a dangerous step toward government overreach. Appearing on Fox Business Network’s Varney & Co., Moore said the CHIPS Act represents “privatization in reverse” and called on President Biden to repeal all subsidies to the semiconductor industry.

Economists Warn Negative Net Migration Could Slow U.S. Growth

Economists from across the political spectrum are warning that President Donald Trump’s aggressive immigration restrictions could harm the U.S. economy if net migration turns negative in 2025. A joint report from the center-right American Enterprise Institute (AEI) and the center-left Brookings Institution projects that more people may leave the U.S. than enter, with “zero or net negative migration” considered the most likely outcome.

Trump Gives 401(k) Investors Access to Crypto

President Donald Trump signed an executive order to allow 401(k) investors to access alternative assets, including cryptocurrency, private equity, and real estate.

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