The reporter learned that Assistant to the President Stephen Miller said that President Trump ended all diversity, fairness and inclusion (DEI) policies within the federal government, fired all federal staff involved in enacting these policies, and reinstated the death penalty.
President Donald Trump said he would announce tariffs on cars, semiconductors, chips, pharmaceuticals and possibly wood within the next month or sooner.
President Trump: The auto tariff rate will be around 25%.
President Trump: Auto tariffs will come around April 2.
According to the Wall Street Journal, U.S. Vice President Vance said Thursday that the United States will impose sanctions and possibly military action on Russia if Russian President Vladimir Putin does not agree to a peace deal with Ukraine that guarantees its long-term independence. If Russia fails to negotiate in good faith, the option of sending U.S. troops to Ukraine remains "on the table."
President Trump has said he could cut defense spending in half.
Federal Reserve Chairperson Jerome Powell said he would not resign even if President Donald Trump asked for it.
It usually takes years for a president to make his mark on the economy, but Mr. Trump did so in just a few weeks. Many companies were bullish on a Trump presidency, and post-election optimism rose markedly. But events after the inauguration dented that optimism. The S & P 500 rose 5% in the first five trading days after the election and has since been consolidating. A project conducted by Vistage Worldwide...
Federal Reserve Chairperson Jerome Powell has said that by law, the president cannot remove a Fed governor.
According to the Wall Street Journal, U.S. President Donald Trump's advisers are considering plans to disband the Ministry of Education.
White House: US President Donald Trump has tasked Musk with overseeing the effectiveness of USAID.
On January 31st, US President Donald Trump said he would impose 25% tariffs on Canada and Mexico. The dollar index DXY rose more than 40 points in the short term, and is now at 108.16. The dollar rose more than 100 points against the Canadian dollar USD/CAD in the short term, and the intraday gain expanded to 1.00%, and it is now at 1.4570. The Mexican peso fell more than 1% against the dollar.
President Trump: Oil prices were a factor in the tariff decision.
"When the president starts intervening in monetary policy decisions, the results tend to be bad," says Mr. Kessam, a former Fed official.
President Trump said he would demand an immediate reduction in interest rates.