Latest in Blunders Fed Immigration
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Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Trump transition considering D.C.-area showcase immigration raid in first days of administration
The incoming Trump administration is considering conducting a high-profile raid targeting undocumented immigrants in its initial days.NBC News - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
With Trump taking office, some Democrats and pro-immigration groups ponder new ideas
There's momentum among pro-immigration groups and some Democrats for policies that would move the party to the right on immigration.NBC News - Jan. 8 -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Reform the H-1B Program and America's immigration system — now
Former Rep. F. James Sensenbrenner Jr. is calling for reform of the H-1B visa program to better effectuate its policy goals, while also urging broader immigration policy reform to enhance the ...The Hill - Jan. 8 -
How Canada's immigration debate soured - and helped seal Trudeau's fate
Immigration has long been a polarising issue in the West but Canada mostly avoided it - until nowBBC News - Jan. 8 -
House Passes ‘Laken Riley Act’ to Deport Unauthorized Immigrants Charged With Minor Crimes
Forty-eight Democrats joined Republicans in supporting legislation that aims to deport more migrants charged with nonviolent crimes, a first salvo in a broader crackdown.The New York Times - Jan. 7 -
U.S. refunding application fees for immigration program for citizens' spouses
The government will issue refunds to tens of thousands of unauthorized immigrants married to American citizens who applied for a program that was struck down in court.CBS News - Jan. 7 -
More Americans say immigration a top priority: Survey
Nearly half of Americans said immigration should be a top priority for President-elect Trump to tackle in 2025, according to a survey released Tuesday. The Associated Press-NORC Center for Public ...The Hill - Jan. 7 -
Houses passes immigration measure named after Laken Riley
House Republicans focused their attention on the border with their first bill of the year, passing legislation named after the slain Georgia student Laken Riley that would require detention of ...The Hill - Jan. 7 -
Immigration is a higher priority for Americans than it was a year ago, an AP-NORC poll shows
More Americans say immigration should be a top focus for the U.S. government in 2025, as the country heads toward a new Republican administration in which President-elect Donald Trump has promised ...NBC News - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - Jan. 7 -
Pope Names Robert McElroy, an Ally on Immigration, as Cardinal in Washington
The appointment of Robert W. McElroy is a signal of the pope’s priorities, two weeks before Donald J. Trump’s term begins.The New York Times - Jan. 6 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
No blunders, just boldness: older women lead red-carpet glamour at Golden Globes
Demi Moore, Nicole Kidman and Michelle Yeoh challenged Hollywood ageism in statement styles. The Brutalist, Emilia Pérez and Shōgun triumph at the Golden Globes On fashion’s first big night of ...The Guardian - Jan. 6 -
‘Nothing short of a spectacular blunder!’ All the shocks from the TV Golden Globes
Sure, Shōgun deserved to win big. But there were some horrific snubs in last night’s television awards, from The Penguin to Slow Horses. The Golden Globes are very much an awards ceremony of two ...The Guardian - Jan. 6 -
In Reversal, Musk Trashes Farage, U.K.’s Anti-Immigrant Populist
Elon Musk, the billionaire backer of Donald J. Trump, had been promoting Nigel Farage. But on Sunday Mr. Musk said Mr. Farage “doesn’t have what it takes.”The New York Times - Jan. 5 -
Trump's "border czar" Tom Homan vows administration to address immigration on "day one"
Tom Homan, set to be President-elect Donald Trump's "border czar," reiterated on "Face the Nation with Margaret Brennan" that the incoming administration will concentrate on "public safety threats ...CBS News - Jan. 5 -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - Jan. 3 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
Empower skilled immigrants to revitalize America’s industrial heartland
The Heartland Visa Act of 2024, introduced by Sens. Young and Manchin, would allow visa hopefuls to bring their talents to the cities that need them most, providing a bipartisan solution to the ...The Hill - Jan. 3 -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - Jan. 3 -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Trump and GOP allies falsely blame New Orleans attack on immigration failures
President-elect Donald Trump and his allies in Congress have blamed the deadly New Orleans truck attack on President Joe Biden's border policies even though the attacker was a U.S. citizen.NBC News - Jan. 2 -
Americans optimistic about Trump’s ability to control immigration: Gallup
Americans are optimistic that President-elect Trump will be able to control immigration, a new survey found. The poll, conducted by Gallup, found that 68 percent of U.S. adults predict Trump will ...The Hill - Jan. 2 -
Skilled immigrants are part of an ‘all of the above’ strategy for growth and prosperity
Elon Musk, Vivek Ramaswamy and the MAGA base have sparked a debate over the H-1B work visa, which is essential for America to keep winning and is a crucial tool for Silicon Valley's innovation and ...The Hill - Jan. 1