Senate Confirms Scott Bessent as Treasury Secretary
The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s top economic official who will steer…
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a while before the market experiences much of a thaw. Americans…
The Political Stories We’re Watching
President Trump has been back in office for two and a half days, and the cascade of news hasn’t stopped. With a stroke of his Sharpie, the president sought to…
Jamie Dimon, JPMorgan Chase CEO, Backs Trump’s Tariffs, Saying ‘Get Over It’
Jamie Dimon, JPMorgan Chase’s chief executive, repeatedly warned about tariffs during President Trump’s first term. They were a threat to the economy, he said several times in 2018, and “wouldn’t…
How the Debt Could Hamstring Trump’s Agenda
When House Republicans gathered behind closed doors on Capitol Hill last week to hash out their plans for cutting taxes, Representative David Schweikert, an Arizona Republican, sounded a note of…
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
Decades of trade integration across North America are on the precipice of major disruption by tariffs that President Trump says he wants to impose on Canada and Mexico, the United…
Trump Pitches External Revenue Service to Collect Tariffs: What to Know
President Trump has promised to generate a “massive” amount of revenue with tariffs on foreign products, an amount so big that the president said he would create a new agency…
What 7 Americans Thought About Trump’s Inauguration Speech
As Donald J. Trump takes office once again, he will represent millions who enthusiastically support him, millions who forcefully oppose him and, perhaps most critically, millions in between. This last…
Trump Agenda Heralds an Economic Experiment for the U.S.
President Trump is poised to embark on an economic experiment that has never been tested as he prepares to carry out an agenda of tax cuts and tariff increases while…
Trump Agenda Heralds an Economic Experiment for the U.S.
President-elect Donald J. Trump is poised to embark on an economic experiment that has never been tested as he prepares to carry out an agenda of tax cuts and tariff…