Council Of Economic Advisers Chair: Tariffs May Be Here To Stay, Negotiation Deadline Could Extend
Nothing is set in stone on tariffs as President Trump's July 9 deadline approaches.
Nothing is set in stone on tariffs as President Trump's July 9 deadline approaches.
The White House is making its closing argument for President Trump’s "One Big Beautiful Bill Act,” and it involves some eye-popping projections.
President Trump told reporters that he is actively considering replacements for Fed Chairman Jerome Powell, and that he is down to 3 or 4 candidates.
Treasury Secretary Scott Bessent said House and Senate Republicans can cut a deal on the state and local tax deduction within the next two days.
Fed will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said.
Trump intensified his rhetoric following U.S. military strikes on Iranian nuclear facilities over the weekend, demanding that oil prices remain low.
Fed was wrestling with uncertainty about future path of monetary policy and Trump’s strike on Iran’s nuclear sites will likely make path cloudier.