Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and trade policies, a scenario that will likely keep threatening the bond market this year.
“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.
Meanwhile, Trump’s pick for defense secretary, Pete Hegseth will face a test vote in the Senate that may indicate whether fresh allegations about this personal conduct that surfaced this week are enough to stop his confirmation.
In his first day in office, President Donald Trump initiated a 90-day review of aspects of the Inflation Reduction Act and the Infrastructure Investment
President Donald Trump’s blizzard of executive orders during the first few days of his presidency has sent Republican lawmakers scrambling to make sense of what impact they’ll have on the country,
Amid a flurry of executive actions upon his inauguration Monday, US President Donald Trump took aim at the subsidies in the Inflation Reduction Act (IRA), a massive congressional spending package signed by Joe Biden in 2022 that unleashed funding for carbon capture, clean hydrogen, electric vehicles and more.
President Donald Trump told supporters during his Emancipation Hall speech that immigration, not inflation, was key to his second election win.
Trump promised tariffs on Day 1, yet no tariff policies have been announced so far. But a federal government hiring freeze has been enacted.
Trump discussed his economic agenda in a virtual discussion with those gathered at the World Economic Forum meeting in Davos, Switzerland. He threatened tariffs against businesses