Update 842 — Constitution under Attack;Administration’s Assault on Law Expands This week saw new and continued attacks by the Trump administration on federal law and constitutional norms via dismantled programs, dismissed civil service workers, and personal data breaches, with more to come threatened. The emerging constitutional crises, accommodated by the GOP, are being challenged in …
Update 840 — Week of Chaos, Confusion; GDP Growth Slows in 4th Quarter 2024 The country was plunged this week into a frenzy of chaos and confusion amid the Trump administration’s on-again, off-again freeze on federal grants and loans spending. The broad and vague memo released by the OMB Monday was rescinded on Wednesday but …
Update 839 — Fed Hits Pause on Rates;OMB Does Likewise on Spending Freeze The Federal Reserve hit pause, as expected, on interest rates at the conclusion of its first rate-setting meeting of the year this afternoon. The interest rate decision comes less than two weeks after President Trump was sworn in for a second term …
