Tag Archives: Trump

Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks

Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks

Gov. Gretchen Whitmer of Michigan, a leading Democrat from a critical battleground state, on Wednesday subtly warned against President-elect Donald J. Trump’s tariff threats targeting Canada, even as she stressed her broader willingness to work with him on the cusp of his second inauguration. Her speech, at the Detroit Auto Show, offered among the clearest examples yet of how Democrats …

Read More »

FDA Moves Forward With Last-Minute Push to Cut Nicotine Levels in Cigarettes

FDA Moves Forward With Last-Minute Push to Cut Nicotine Levels in Cigarettes

The Biden administration unveiled a proposal on Wednesday to cut the level of nicotine in cigarettes, a last-minute push on a plan that could meaningfully cut cancer rates nationwide and extend the lives of millions of cigarette smokers. If finalized, the proposal would require cigarette makers to significantly reduce the levels of nicotine in their products in an effort to …

Read More »

Choice for Energy Secretary Has Been an Evangelist for Fossil Fuels

Choice for Energy Secretary Has Been an Evangelist for Fossil Fuels

Chris Wright, Donald J. Trump’s pick to lead the Department of Energy, landed the job during his first encounter with the past and future president. The founder and chief executive of Liberty Energy, a fracking services company based in Colorado, Mr. Wright was among about 20 oil and gas executives whom Mr. Trump gathered at his Mar-a-Lago resort in Florida …

Read More »

Can Low Unemployment Last Under Trump?

Can Low Unemployment Last Under Trump?

For a time, not too long ago, it was the central question animating economic forecasts and bets laid by investors in financial markets: Will the U.S. economy avoid a recession? Now, for many in the business world, that question feels almost passé, part of an earlier, more fretful era of narratives. After a superlative run of hovering below 4 percent …

Read More »

Banks Are Racking Up Wins Even Before Trump Is Back in White House

Banks Are Racking Up Wins Even Before Trump Is Back in White House

Banks are on a winning streak, one that’s poised to intensify as President-elect Donald J. Trump takes office. Biden-appointed regulators at the Federal Reserve and other agencies presided over a relatively fruitless era of bank oversight. They tried to enact stricter rules for the nation’s biggest banks, hoping to create a stronger safety net for the financial system even if …

Read More »

SEIU Joins Forces With AFL-CIO Ahead of New Trump Era

SEIU Joins Forces With AFL-CIO Ahead of New Trump Era

Two prominent labor groups are joining forces in an attempt to expand union membership and protect members’ interests as they face the likelihood of a less union-friendly federal government under Donald J. Trump. The Service Employees International Union, which represents nearly two million workers in industries like home health care and janitorial services, said on Wednesday that it would become …

Read More »

Port Workers Could Strike Again if No Deal Is Reached on Automation

Port Workers Could Strike Again if No Deal Is Reached on Automation

Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of automated machines to move cargo. The International Longshoremen’s Association, the union that represents dockworkers, and the United States Maritime Alliance, the employers’ negotiating group, on Tuesday resumed in-person talks aimed at forging a new labor contract. …

Read More »

How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids

How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids

President-elect Donald J. Trump has threatened tariffs on many countries for many different reasons. On Monday, he found a new purpose for his favorite economic tool. Mr. Trump said he would “tariff Denmark at a very high level” if it refused to allow Greenland — a North American island that is an autonomous territory within the Kingdom of Denmark — …

Read More »

Fed’s Vice Chair to Step Down From Role as Top Bank Supervisor

Fed’s Vice Chair to Step Down From Role as Top Bank Supervisor

Michael Barr will step down from his role as the Federal Reserve’s vice chair for supervision by Feb. 28, or sooner if President-elect Donald J. Trump appoints a successor, the Fed said on Monday. Mr. Barr will continue to serve on the central bank’s Board of Governors. “The Board does not intend to take up any major rulemakings until a …

Read More »