Republicans’ surprising reversals on ‘national emergencies’
Trump’s Tariffs and Congressional Silence Back in February, President Trump made headlines by issuing executive orders that raised tariffs on imports from China, Canada, and Mexico. Then, in April, he imposed a staggering 50% tariff on countries with which the US has a trade deficit, setting a baseline of 10% for everything else. The administration […]
Trump signs reversals of previous overdraft and digital wallet regulations.
President Trump has recently signed off on two Congressional resolutions that roll back regulations from the Consumer Financial Protection Bureau (CFPB) established during the Biden administration. These changes aim to lessen overdraft fees and increase monitoring of digital wallets. The regulations were finalized in the closing months of Biden’s presidency, making them subject to repeal […]