Markets and Corporate America Are Unfazed by Washington Chaos, for Now
Even by Washington standards, the second Trump presidency has begun in frenetic fashion: mass firings at federal agencies, tariff threats ...
Tag: Federal Budget (US)
As the U.S. Exits Foreign Aid, Who Will Fill the Gap?
As the reality sets in that the United States is drastically diminishing its foreign assistance to developing countries, an urgent ...
Court Halt on Trump Cuts for Medical Research Is Extended Nationwide
A federal judge ordered the Trump administration to hold off on a plan that would cut $4 billion in federal ...
22 States Sue to Block Trump Cuts to Medical Research Funding
Nearly two dozen states sued the Trump administration and the National Institutes of Health on Monday to block a $4 ...
Senate Confirms Russell Vought as Office of Management and Budget Director
The Senate voted along party lines on Thursday to confirm Russell T. Vought to lead the Office of Management and ...
What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create ...
Elon Musk’s Blitz Shakes U.S. Government as He Sweeps Through Agencies
In Elon Musk’s first two weeks in government, his lieutenants gained access to closely held financial and data systems, casting ...
Warren Questions Bessent Over Musk Access to Treasury Payment System
Senator Elizabeth Warren of Massachusetts sent a letter on Monday to Treasury Secretary Scott Bessent demanding answers for why the ...
An Unconventional Plan for Fixing the Federal Budget
I spoke to Marc Rowan, the C.E.O. of Apollo Global Management, about a provocative plan he believes could fundamentally reshape ...
Higher Interest Rates Make Federal Debt More Expensive
The path of interest rates over the next year doesn’t just affect the cost of mortgages and car loans. It ...
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 ...
Musk Plan for Retooling Government Takes Shape, but Big Questions Loom
The initial plan for retooling the federal government under President Trump started with three loyal billionaires: the banker Howard Lutnick, ...
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Treasury Secretary Janet L. Yellen told Congress on Friday that on Jan. 21 the Treasury Department will have to begin ...
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The United States is poised to add trillions of dollars to the national debt over the next decade as the ...
Trump Treasury Pick Scott Bessent to Face Grilling
Scott Bessent, President-elect Donald J. Trump’s pick for Treasury secretary, will face questions from lawmakers on Thursday about how he ...
Russell Vought Poised to Expand Power of White House Budget Office
While leading the Office of Management and Budget during the first Trump administration, Russell T. Vought took steps to expand ...
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
An unpaid group of billionaires, tech executives and some disciples of Peter Thiel, a powerful Republican donor, are preparing to ...
Welcome to LJ News Opinions, where breaking news stories have captivated us for over 20 years.
Join us in this journey of sharing points of view about the news – read, react, engage, and unleash your opinion!