The effort follows an executive order from the president to evaluate federal regulations for oversight. Chairman Andrew Ferguson of the Federal Trade Commission (FTC) and Assistant Attorney General…
Read MoreEconomy
Saudi Arabia Commits to $600 Billion Investment in U.S.
President Trump announces the economic commitment during his visit to Riyadh. The White House announced on Tuesday the commitment by Saudi Arabia to invest $600 billion in the…
Read MoreU.S. and China Announce Tariff Reduction Amid Trade Negotiations
The 90-day reduction comes after trade officials met in Switzerland. The United States and China issued a joint statement outlining their agreement to reduce retaliatory tariffs for 90…
Read MoreDOJ Sues Four States For Charging Oil Companies Climate Penalties
The president said, “American energy dominance is threatened when State and local governments seek to regulate energy beyond their… authorities.” President Trump’s administration sued four states last week…
Read MoreFederal Reserve Leaves Interest Rates Unchanged
Chair says that inflation and unemployment risk have risen, but more observation is needed. The Federal Reserve decided to keep interest rates at a range of 4.25 percent…
Read MorePresident Trump Announces Trade Deal with United Kingdom
This is the first trade pact after he paused reciprocal tariffs last month. President Donald Trump announced the U.S. has reached a trade deal with the United Kingdom,…
Read MoreU.S. Officials to Meet with Chinese Trade Representatives in Switzerland
Secretary Bessent says the priority will be to deescalate the retaliatory tariffs. U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer announced that they will travel…
Read MoreApril Employment Numbers Exceed Estimates
Nonfarm jobs were higher than expected even as the federal government downsized. The Bureau of Labor Statistics (BLS) reported an increase of 177,000 nonfarm jobs during April. This…
Read MoreTreasury Secretary Responds to Economic Forecast Downgrade
He said the IMF is “failing to critique the countries that need it most.” Treasury Secretary Scott Bessent spoke to the Institute of International Finance this past week,…
Read MoreVice President Reports Progress on Trade Agreement with India
He stated his belief that “the future of the 21st century is going to be determined by the strength of the US-India partnership.” Vice President JD Vance announced…
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