President Donald Trump has signed an Executive Order (EO) expanding upon previous presidential actions, offering some tariff exceptions to United States trade partners for certain products.
Read More Trump signs executive order offering tariff exemptions for countries with U.S. trade dealsTag: U.S. economy
Trump threatens ‘major lawsuit’ against Powell over ballooning Fed building renovation costs
President Donald Trump threatened to file a “major lawsuit” against Federal Reserve Chair Jerome Powell, alleging “grossly incompetent” management of the Federal Reserve’s building construction projects.
Read More Trump threatens ‘major lawsuit’ against Powell over ballooning Fed building renovation costsTreasury Secy. Bessent expands search for next Fed Chair
U.S. Treasury Secretary Scott Bessent has disclosed that he is evaluating a shortlist of three candidates to assume the role of Federal Reserve chair when the position becomes vacant next year.
Read More Treasury Secy. Bessent expands search for next Fed ChairTrump appoints Stephen Miran to serve on Fed. Reserve Board following Kugler resignation
President Donald Trump has appointed economist Stephen Miran to serve on the Federal Reserve Board of Governors.
Read More Trump appoints Stephen Miran to serve on Fed. Reserve Board following Kugler resignationU.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.
Read More U.S. Treasury Dept: ‘Blue-collar’ wage growth sees largest increase in almost 60 years under TrumpU.S. Mint places final order to end penny production following Trump’s order
The U.S. Mint has placed its final order for penny blanks and will cease production entirely by early next year, bringing an end to one of the nation’s longest-standing forms of currency, the Treasury Department announced Thursday.
Read More U.S. Mint places final order to end penny production following Trump’s order