Tag Archives: Trump

Trump Says a Recession Would Be Worth It, but Economists Are Skeptical

Trump Says a Recession Would Be Worth It, but Economists Are Skeptical

Presidents usually do all they can to avoid recessions, so much so that they avoid even saying the word. But President Trump and his advisers in recent weeks have offered a very different message. Yes, a recession is possible, they have said. Maybe one wouldn’t even be that bad. Howard Lutnick, the commerce secretary, has said Mr. Trump’s policies are …

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Trump Cuts Imperil Cancer, Diabetes and Pediatric Research at Columbia

Trump Cuts Imperil Cancer, Diabetes and Pediatric Research at Columbia

Cancer researchers examining the use of artificial intelligence to detect early signs of breast cancer. Pediatricians tracking the long-term health of children born to mothers infected with the coronavirus during pregnancy. Scientists searching for links between diabetes and dementia. All these projects at Columbia University were paid for with federal research grants that were abruptly terminated following the Trump administration’s …

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Senators Grill Dr. Oz on Medicaid Cuts and Medicare Changes

Senators Grill Dr. Oz on Medicaid Cuts and Medicare Changes

In a hearing on Friday, senators pressed Dr. Mehmet Oz, the TV celebrity nominated to head Medicare and Medicaid, on Republican-led proposals that would significantly affect the health care coverage for nearly half of all Americans. At his confirmation hearing before the Senate Finance Committee, Dr. Oz bantered with senators in a friendly atmosphere, joking about basketball and allegiances to …

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Dr. Oz Faces Senators at Confirmation Hearing to Oversee Medicare and Medicaid

Dr. Oz Faces Senators at Confirmation Hearing to Oversee Medicare and Medicaid

Dr. Mehmet Oz, the TV celebrity doctor, is expected to face a tense confirmation hearing on Friday, with Democratic senators planning to question how he would oversee Medicare and Medicaid now that Republicans and the Trump administration are weighing significant changes affecting millions of Americans. Among the possible plans being considered by Republican lawmakers and President Trump are severe reductions …

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Trump and DOGE Create Anxiety but Opportunity for Federal Contractors

Trump and DOGE Create Anxiety but Opportunity for Federal Contractors

A contracting firm called Leidos took in more than $16 billion in revenue last year, most of it through contracts with federal agencies like the Department of Veterans Affairs. So when the Trump administration’s budget cutters took aim at the V.A. last month, it seemed like bad news not just for the department’s employees but also for Leidos and dozens …

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Federal Cuts Prompt Johns Hopkins to Cut More Than 2,000 Workers

Federal Cuts Prompt Johns Hopkins to Cut More Than 2,000 Workers

Johns Hopkins University, one of the country’s leading centers of scientific research, said on Thursday that it would eliminate more than 2,000 workers in the United States and abroad because of the Trump administration’s steep cuts, primarily to international aid programs. The layoffs, the most in the university’s history, will involve 247 domestic workers for the university, which is based …

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Trump Expands Trade Threats in Global Game of Chicken

Trump Expands Trade Threats in Global Game of Chicken

For the second time this week, President Trump has threatened to disrupt trade with a close ally for retaliating in a trade war that he started — a tactic that could lead to compromise, or to economic spats that spiral further out of control. On Thursday morning, Mr. Trump tried to cow the European Union into submission, threatening in a …

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A Timeline of Trump’s Tariff Fight With Canada, Mexico, China and the E.U.

A Timeline of Trump’s Tariff Fight With Canada, Mexico, China and the E.U.

President Trump has called the word tariff “the most beautiful word in the dictionary.” He imposed hefty tariffs during his first term and promised expansive new ones as he pursued his second. On his first day back in the White House in January, he issued an executive order directing his cabinet picks to prepare even more tariffs. In the first …

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E.P.A. cancels $20 billion in climate grants

E.P.A. cancels  billion in climate grants

The Environmental Protection Agency said that it was canceling $20 billion in grants for climate and clean energy programs that have been frozen for weeks, a move that was labeled illegal by nonprofit groups that were supposed to receive the funds. The money has been caught in an escalating controversy involving the E.P.A., the Justice Department, the Federal Bureau of …

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U.S. Inflation Eased More Than Expected in February

U.S. Inflation Eased More Than Expected in February

Inflation eased more than expected in February, a welcome sign for the Federal Reserve as it grapples with the prospect of higher prices and slower growth as a result of President Trump’s trade war. The Consumer Price Index was up 2.8 percent from a year earlier, after rising another 0.2 percent on a monthly basis. That was a step down …

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