Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chairman Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a course correction days after the national debt hit Exceeded $36 trillion For the first time in history. “The U.S. federal budget is on an unsustainable path. Debt is not at an unsustainable level, but we […]
Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced Wednesday that he will nominate economist Michael Faulkender to be deputy secretary of the Treasury, the second-highest position at the Treasury Department. If confirmed, Faulkender will report to Scott Bessent, President Trump's nominee for Treasury secretary. During Trump's first term, Faulkender at the Treasury Department implemented the Paycheck Protection Program (PPP), which […]
Trump nominates Paul Atkins as SEC chair
President-elect Trump has nominated former Securities and Exchange Commissioner Paul Atkins to replace Chairman Gary Gensler, who will retire on Inauguration Day. “Paul has proven to be a common-sense regulatory leader. We believe in the promise of the capital markets,” he said in a post on Truth Social on Wednesday. The nomination ends weeks of […]
Trump taps ex-aide Peter Navarro for senior counselor on trade and manufacturing
President-elect Donald Trump on Wednesday named imprisoned former aide Peter Navarro as senior trade and manufacturing adviser in the incoming White House, a staunch ally who will help implement his sweeping tariff plans. Navarro served as a trade advisor in the White House during President Trump's first term. As a result, Navarro was ultimately sentenced […]
These parts of Trump's tax cut law expire in 2026
The Tax Cuts and Jobs Act of 2017 (TCJA) limited the impact of the bill's widening budget deficits by permanently reducing corporate and business taxes and temporarily reducing personal taxes. Over $36 trillion. With Republicans now expected to control both chambers of Congress and the White House, they will be able to implement Act 2 […]
Lobbying World: YouTube taps new federal affairs manager
Andrew Meyer I participated YouTube as manager of federal affairs; He most recently served as legislative director for Representative Greg Pence (R-Ind.). Will Lemke I am participating defense of monuments She works as Vice President of Public Relations in the company's Seattle office. He most recently managed corporate and industry communications at Zillow Group and […]
Most employees on lookout for or seeking new position: Survey
With more and more employees feeling disconnected from their jobs, most employees are looking for, or are actively looking for, a new position. According to new research. The Gallup poll, released Tuesday and surveyed full-time and part-time working adults, found that 51 percent of workers surveyed are looking for or are looking for a new […]
Job openings bounced in October on need for IT workers
The number of job openings and job separations trended upward in October, while layoffs gradually declined, indicating a slight improvement in employment conditions as the labor market tightens broadly. The number of job openings rose to 7.7 million from 7.3 million in September, while job openings in the technology and information sector surged to 208,000, […]
Judge reaffirms ruling invalidating massive Tesla pay package for Musk
A Delaware judge on Monday again blocked Elon Musk's multibillion-dollar compensation package from Tesla. The controversial compensation deal, currently worth more than $100 billion, was re-approved by Tesla shareholders in June. But Delaware Chancellor Judge Catherine McCormick declined to overturn an earlier decision invalidating the pay package. “A large and powerful defense industry group has […]
Trump says he would block US Steel acquisition by Nippon Steel
President-elect Trump has vowed to block Nippon Steel's acquisition of US Steel. “I am completely opposed to the once great and powerful U.S. Steel being acquired by a foreign company, in this case by Japan's Nippon Steel,” President Trump said in a post on Truth Social on Monday. . He made the same promise during […]