Welcome to The Hill's Business & Economics Newsletter
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business and economy
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CISA says there is 'no indication' other agencies will be affected by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday there is “no indication” that other federal agencies were affected by the recent breach at the Treasury Department.
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President Trump: Washington Post report on tariff policy is 'wrong'
President-elect Trump has denied a Washington Post report that outlined how his aides are considering a tariff plan that would target only critical imports.
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Nippon Steel and US Steel sue Biden administration to block merger
U.S. Steel and Japanese steelmaker Nippon Steel filed a lawsuit against the U.S. government on Monday in a last-ditch effort to move forward with integration, but President Biden blocked the lawsuit on Friday, citing national security concerns.
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Upcoming news themes and events we're watching:
Richmond Fed Presidentthomas birkin He is scheduled to speak in the Greater Raleigh Chamber on Tuesday. economic forecast event 8 a.m. Eastern time.
Ministry of Labor announced Job data for november at 10am
What you need to know
Business and economics news from other news outlets:
Biden scraps US Steel deal despite some US officials rejected National security concerns (CNN)
Fed Vice Chairman speaks leave the role early To avoid conflict with Trump (new york times)
President Trump's tax cuts are about to begin unleash the chaos on the hill. Here's how: (politiko)
What other people are reading
Current top articles on The Hill:
5 things to know about Canada's political crisis
The resignation of Canadian Prime Minister Justin Trudeau on Monday shows the extent of unpopularity facing the country's progressive Liberal Party, which has dominated politics for decades.read more
President Trump touts 'unification' of US and Canada after Prime Minister Trudeau announces resignation
After Canadian Prime Minister Justin Trudeau announced his resignation, President-elect Trump proposed a “unification” vision for the United States and Canada, saying there would be no tariffs if the two countries were one. read more
what people are thinking
Opinions submitted to The Hill on business and economic issues:
Welfare reform for absentee fathers
Federal agencies are too powerful. 2025 is Congress' chance to bring them back to Earth.
Everyone is being pushed too hard. see you tomorrow!