Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains above target,
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
In the days since Donald Trump’s second inauguration, the President has issued 68 executive orders. He’s covered everything from banal cabinet appointments to just who’s allowed to have healthcare, but he’s found a special enemy in EVs and their charging infrastructure — most recently issuing an executive order halting payouts from the Inflation Reduction Act that would have gone to building more EV charging stations.
Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on
Though he promised to lower costs on Day 1, President Trump remains just as beholden to the laws of supply and demand as his predecessor.
Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.
The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains above target,
Houston is grappling with the ripple effects of targeted immigration operations conducted by federal agents over the weekend. The enforcement measures are part of President Donald Trump’s initiative to crack down on undocumented immigrants,
State and congressional leaders in West Virginia are monitoring a now-paused temporary federal freeze in grants and aid that could have short-term and lasting effects on the state general revenue budget.
The White House is taking drastic measures to control trillions of federal dollars by ordering a freeze on all federal grants and loans so the Trump administration can review government spending.