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Tag: U.S. economy

WASHINGTON, DC - SEPTEMBER 05: U.S. President Donald Trump holds up the Homebuyers Privacy Protection Act after signing it into law, during a press availability in the Oval Office of the White House on September 05, 2025 in Washington, DC. President Trump signed a series of executive orders which included the renaming of the Department of Defense to the Department of War. (Photo by Kevin Dietsch/Getty Images)

Trump signs executive order offering tariff exemptions for countries with U.S. trade deals

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 deals
WASHINGTON, DC - JULY 24: U.S. President Donald Trump and Federal Reserve Chair Jerome Powell look at a piece of paper alongside Sen. Tim Scott (R-SC) as they tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. The Trump administration has been critical of the cost of the renovation and Federal Reserve Chairman Jerome Powell. (Photo by Chip Somodevilla/Getty Images)

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 costs
US Secretary of Treasury Scott Bessent (C) attends the Military Family Picnic on the South Lawn of the White House in Washington, DC on July 4, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Treasury 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 Chair
(Photo via: Trump truth social)

Trump 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 resignation 
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.

Read More U.S. Treasury Dept: ‘Blue-collar’ wage growth sees largest increase in almost 60 years under Trump
DES PLAINES, IL - JULY 06: Pennies lay in a pile July 6, 2006 in Des Plaines, Illinois. According to the U.S. Mint says a penny costs more to make than it's worth, 1.2 cents, prompting some to call for its demise. (Photo Illustration by Tim Boyle/Getty Images)

U.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

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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