Update 863 – A Tariffying 100 Days:GDP, Markets, Polling All in Retreat Yesterday marked 100 days since Trump began his second term, a period marked by chaotic and unpredictable shifts in economic policy and a prioritization of Wall Street and the wealthy at the expense of everyday people. His administration, with acquiescence by congressional Republicans, …
Update 862 – Tariffs Taking a TollPoll Numbers Drop, No Deals Done Finance and trade ministers from around the world flocked to D.C. this week for the IMF-World Bank Spring Meetings. Top of mind were Trump’s tariffs and his attack on the global trading system. As forecasts for global growth and inflation were revised downward, …
Update 861 — DOGELess Barking But Still Biting DOGE’s initial visibility, assault on the civil service, budget cuts, and firings drew unwanted scrutiny and criticism, making it the focal point for the backlash against Trump, Musk, and the GOP’s efforts to reshape the federal government. Since then, the Trump administration’s actions, from immigration to tariffs, …
Update 860 – Trump Winging it on Tariffs,Moves to Dismantle Direct File, CFPB Last weekend, the Trump administration exempted some electronic products from its reciprocal tariff regime, an exception likely to be brief. Trump and his advisors have hinted at an investigation to determine an eventual duty on these products. Separately, this week, the administration …
Update 859: Less Enforcement, Broader BreaksTrump IRS Could Threaten America’s Tax System Millions of Americans filed their taxes this week ahead of yesterday’s filing deadline. But this year’s tax day comes amid the Trump administration’s attempts to dismantle the Internal Revenue Service (IRS), the very body responsible for collecting tax revenue used to fund important …
Update 837 — Key Nomination Hearings,CPI Report, CTC Bill Lead Week Roundup This week, Trump’s nominees for Treasury Secretary, HUD Secretary, and OMB Director faced pointed questioning by Democratic Senators ahead of coming confirmation votes by the committees of jurisdiction and the full Senate. The three nominees addressed a broad range of economic issues with …
Update 837: Nomination Hearings Lead Week’s Roundup Read More »
Update 834 — Reconciliation and Beyond: Econ. Policy Agenda in Congress, Part 1 The legislative priorities and strategic approach regarding the nation’s major economic policy issues facing the 119th Congress, sworn in last Friday, and the debate around them, are coming into view. Over the next few weeks and months, the GOP majorities in both …
Update 834: Econ. Policy Agenda in Congress, Part 1 Read More »
Update 826 — First of Trump’s Econ. Policy Noms;End of Basel III/Endgame?; Other Developments President-elect Trump continued announcing Cabinet nominees this week as his administration begins to take shape. The early appointments signal the incoming Trump administration’s intention to elevate the priorities of wealthy interests who appear loyal to Trump and willing to undermine institutional …
Update 821 — Closing Economic Arguments:Record and Vision Presented by Candidates Following Donald Trump’s controversial and divisive speech on Sunday at Madison Square Garden and Kamala Harris’s rousing final appeal last night at the National Mall, voters have now heard the candidates’ closing arguments in the 2024 campaign. Their cases on economic policy present a …
Update 820 — All but Tied: Polls in Bell Lap;Global Leaders Worry About Trump Tariffs The final New York Times/Siena poll of the 2024 election cycle published yesterday shows, for the first time, a flat-footed tie at 48 percent each for presidential candidates Kamala Harris and Donald Trump. In all of the seven battleground states …
