Update 909 — Getting the Gov’t Open,Crypto Draft, Tariff Rebate Lead Week After 43 days of stalemate, Congress put an end to the longest shutdown in U.S. history this week. The agreement to keep the government open until January 30, mostly at current spending levels, did not address extending expiring enhancements to ACA premium tax …
Update 908 — Tuesday is Blues’ Day:Significant Off-Year Democratic Gains Democrats saw resounding electoral success Tuesday night, with the opportunity to respond to the horrors of Trump 2.0 driving Democrats to the polls. Whether this blue wave will be predictive of 2026 is to be seen, but Democrats exceeded expectations. The government shutdown also continued …
Update 908: Significant Off-Year Democratic Gains Read More »
Update 907 — SCOTUS Kicks Tariff Tires:Extent of Exec. Trade Authority at Stake Yesterday, the Supreme Court heard oral arguments in what Trump this week called “the most important case ever,” as the Court weighs the constitutionality of Trump’s tariffs, relying on the International Emergency Economic Powers Act (IEEPA) as a legal basis. Even some …
Update 906 — Chinese Trade Detente,Shutdown Rolling to Record Lead Week President Trump returned from Asia touting major success when, in fact, details of finalized plans are few and far between. With China, we are nearly back where we were before, after months of pain for American businesses and farmers who are paying the price …
Update 904 — September CPI up to 3%;Roadmarks ahead for Ongoing Shutdown This morning saw the release of new data showing that prices rose 3.0 percent on an annualized basis in September — the highest level since January. The price increase and the steady increases in recent months are the by-product of the Trump administration’s …
Update 900 — Sup. Court and the Economy:Docket Includes Tests of Trump’s Authority On Monday, the Supreme Court began its new term, with a docket that includes several cases pivotal for the Trump administration’s economic agenda. Among these cases are ones challenging the President’s tariffs, his authority to fire heads of agencies such as the …
Update 899 — Shutdown in Stalemate;Trump Resorts to Partisan Scare Tactics The government funding stalemate for the fiscal year starting October 1 resulted in a shutdown this week with no end in sight. Meanwhile, the Trump administration took a partisan turn, canceling infrastructure funding in blue cities/states and using agency web pages and email autoreplies …
Update 897 – Trump’s Shutdown Threat:Mass Gov’t Firings without Budget Deal Congressional leaders remained at an impasse this week on federal government funding beyond October 1, leaving four days until a government shutdown kicks in, absent an agreement. Democrats want healthcare concessions in exchange for their votes – seven of which are necessary to reach …
Update 895 – Sliding toward ShutdownFY26 Status Leads Week’s Round-Up With only 10 days left for Congress to approve and Trump to sign a Fiscal Year 2026 (FY26) budget to avoid a shutdown, the House voted today to advance a Republican CR proposal that would fund the government through November 21. But the Senate quickly …
Update 894 – Fed Cuts Rates 25 BPs; Only Dissent: Trump-Nominated Miran The Federal Reserve cut interest rates by 25 basis points, as expected, at the conclusion of its September FOMC meeting this afternoon. Fed Governor Stephen Miran, who has not resigned from his position at the White House, dissented, voting instead for a 50 basis …
