economic policy – Page 2 – One America News Network

WASHINGTON, DC - AUGUST 05: Joseph Lavorgna, Chief Economist of the National Economic Council (NEC), speaks to reporters outside of the West Wing of the White House on August 5, 2020 in Washington, DC. (Photo by Drew Angerer/Getty Images)

One Big Beautiful Bill helps to increase investment by businesses on equipment and CapEx

Equipment and capital expenditures (CapEx) surged 11% in the second quarter of this year following a 23% spike in quarter one.

(Background) U.S. Treasury Secretary Scott Bessent speaks to reporters outside the West Wing of the White House on April 09, 2025 in Washington, DC. President Trump announced today a 90-day pause on the full effect of his new tariffs for dozens of countries except China, which he raised to 125% “effective immediately”. (Photo by Anna Moneymaker/Getty Images) / (R) WASHINGTON, DC - JULY 22: Federal Reserve Chairman Jerome Powell delivers opening remarks at the Integrated Review of the Capital Framework for Large Banks Conference at the Federal Reserve on July 22, 2025 in Washington, DC. Rep. Anna Paulina Luna (R-FL) is referring Powell to the Department of Justice (DOJ) for criminal charges, accusing him of two specific instances of perjury. The accusations come as Trump allies continue to call for Powell’s removal before his term expires in 2026. (Photo by Andrew Harnik/Getty Images)

Bessent reiterates Trump doesn’t plan to fire Fed. Chair Powell: ‘He’s said that on numerous occasions’

Treasury Secretary Scott Bessent recently maintained that President Donald Trump has no intention of firing Federal Reserve Chair Jerome Powell—in light of previous statements made by Trump where he suggested that he wishes the fed chair would resign.

Japan's Minister in charge of Economic Revitalization Ryosei Akazawa delivers a speech during a ceremony for U.S. National Day at the World Expo 2025 on July 19, 2025, in Osaka, Japan. U.S. Treasury Secretary Scott Bessent is leading a presidential delegation to the Expo as President Donald Trump has announced a 25 percent tariff on Japanese goods starting next month, unless a trade deal is reached between Japan and the U.S. (Photo by Tomohiro Ohsumi/Getty Images)

Trump announces ‘largest deal ever’ with Japan, investing $550B

President Donald Trump announced that he has sealed the “largest deal ever” with Japan, that involves “reciprocal” tariffs of 15% on the country’s exports to the U.S.

U.S. President Donald Trump (R) meets with Canadian Prime Minister Mark Carney in the Oval Office at the White House on May 6, 2025 in Washington, DC. Carney, who was elected into office last week, is expected to meet with President Trump to discuss trade and the recent tariffs imposed on Canada. (Photo by Anna Moneymaker/Getty Images)

Trump: U.S. ceasing trade negotiations with Canada over digital tax

President Donald Trump has announced that the United States is ending trade discussions with Canada over its digital tax.

(L) Senate parliamentarian Elizabeth MacDonough. (Photo via: US Government Publishing Office) / (R) US President Donald Trump speaks to the press upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on June 20, 2025. Trump is heading to his Bedminster golf resort for a MAGA Inc. fundraising dinner. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Senate parliamentarian removes provisions from Trump’s ‘Big, Beautiful Bill’

Senate Parliamentarian Elizabeth MacDonough ruled that several components of the sweeping legislative package intended to advance President Donald Trump’s “Big, Beautiful Bill” purportedly violate the Byrd Rule.

US investor and hedge fund manager Scott Bessent testifies before the Senate Finance Committee on his nomination to be Secretary of the Treasury, on Capitol Hill in Washington, DC, on January 16, 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

U.S. Treasury Dept: ‘Blue-collar’ wage growth sees largest increase in almost 60 years under Trump

Blue-collar workers have reportedly experienced their most significant wage growth under any administration in nearly six decades.