Latest in Reserve Cuts Economic
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Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - Mar. 12 -
US junk bonds slide as Trump’s tariffs spark economic worries
Premium investors’ demand to hold riskier debt jumps to highest level in six monthsFinancial Times - Mar. 13 -
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.The New York Times - Mar. 13 -
Most say Trump too erratic in economic moves: Survey
Most Americans think President Trump is too “erratic” in implementing his trade agenda as he slaps tariffs onto the country's top trading partners and they want him to combat high prices, according ...The Hill - Mar. 13 -
Can Trump's tariff threats have an economic impact before they're imposed?
President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff ...CBS News - Mar. 13 -
Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the markets.CNBC - 5d -
Copper settles near a record high. Why it’s not a great economic indicator anymore.
Copper settled above $5 a pound Tuesday on Comex for the first time since May, but the industrial metal’s ability to offer signals about the health of the economy has been clouded by the trade war ...MarketWatch - 4d -
Israel says it will cut off electricity to Gaza Strip
Israel said Sunday that it would be cutting off its electricity supply to Gaza. Israeli Energy Minister Eli Cohen said he signed an order that would shut off electricity to Gaza “immediately.” ...The Hill - Mar. 9 -
NPS leaders plan 30 percent payroll cuts
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment First in The Hill NPS leaders plan 30 percent payroll cuts The Trump administration is eyeing major payroll ...The Hill - Mar. 11 -
USDA cuts funding for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...CBS News - Mar. 13 -
White House ‘not going to cut Social Security:’ LaCivita
The White House won’t cut Social Security, President Trump’s 2024 co-campaign manager Chris LaCivita said in a new interview in response to a question about tech billionaire Elon Musk’s comments ...The Hill - Mar. 14 -
Pentagon Cuts Threaten Programs That Secure Loose Nukes and Weapons of Mass Destruction
Documents obtained by WIRED show the US Department of Defense is considering cutting up to 75 percent of workers who stop the spread of chemical, biological, and nuclear weapons.Wired - Mar. 6 -
Chaos at the V.A.: Inside the DOGE Cuts Disrupting the Veterans Agency
Clinical trials have been delayed, contracts canceled and support staff fired. With deeper cuts coming, some are warning of potential harms to veterans.The New York Times - Mar. 9 -
More NOAA Employees May Be Let Go, Making 20% of Staff Cut
Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.The New York Times - Mar. 10 -
NOAA and National Weather Service job cuts raise concerns about forecasts
A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.CBS News - Mar. 11 -
How Trump Cuts Could Change Your Summer Hiking Trip
The Bureau of Land Management, the Forest Service and the Fish & Wildlife Service manage more public lands than the Parks Service. And their staffs have also been cut.The New York Times - Mar. 14 -
🇧🇷 Neymar and TWO others CUT from the National Team; see substitutes
This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.The Brazilian Football Confederation (CBF) announced the CUTS of goalkeeper Eder...Yahoo Sports - Mar. 14 -
Dr. Oz dodges questions on Medicaid cuts at Senate confirmation hearing
Dr. Mehmet Oz, President Donald Trump's pick to lead Medicare and Medicaid, sidestepped questions from senators on whether he supports significant Medicaid cuts.NBC News - Mar. 14 -
Senators Grill Dr. Oz on Medicaid Cuts and Medicare Changes
Dr. Mehmet Oz, the TV celebrity, dodged queries about Republican plans to cut health insurance for the poor, and emerged unscathed on his ties to major industries.The New York Times - Mar. 14 -
How DOGE cuts are jeopardizing our national parks, "America's best idea"
The Trump administration laid off approximately 1,000 employees of the National Park Service. Rangers and park employees say such cuts will be detrimental to the public's experience of these ...CBS News - 6d -
Cuts to Small Business Support Trigger Pushback From GOP Lawmakers
An executive order to cut an agency that has helped finance businesses and communities in remote, disadvantaged locations isn’t supported by some prominent Republican legislators.Inc. - 2d -
A Recession Is Looking More and More Likely. Here Are 5 Ways to Prepare
This is an ideal time to prepare your business for an economic downturn.Inc. - Mar. 14 -
Trump Just Gave Bitcoin Its Biggest Endorsement in History
The president signed an executive order for a strategic bitcoin reserve, but the asset responded with a whimper.Inc. - Mar. 7 -
Leaders Discuss Digital Asset Future at Trump’s Crypto Summit
Crypto experts and Trump discussed building a strategic reserve containing bitcoin.Inc. - Mar. 9 -
Trump tariffs partly to blame for inflation: Fed chair
"We are not in a hurry," Federal Reserve Chair Jerome Powell said earlier this month.ABC News - 3d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - Mar. 14 -
Bills to cut Von Miller
Miller's contract called for a $23.814 million salary cap hit this year, so Buffalo needed to move on. He'll test free agency this week.Yahoo Sports - Mar. 9 -
Falcons cut Grady Jarrett
Veteran defensive tackle Grady Jarrett is on the way out in Atlanta.Yahoo Sports - Mar. 10 -
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Stand up for Science rallies protesting Trump cuts held across U.S.
Thousands of people, including researchers, scientists, medical professionals and cancer survivors rallied across the U.S. in protest of the Trump Administration’s firings, budget and grants cuts ...NBC News - Mar. 8 -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - Mar. 8 -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - Mar. 8 -
Malnutrition food product sees funding affected by USAID cuts
Plumpynut is a life-saving food product that can bring a malnourished child back to health in just weeks. But the Trump administration's cuts to USAID essentially canceled funding to two American ...CBS News - Mar. 8 -
‘Gut punch’: Democrats decry Trump's plan to cut 80,000 at Veterans Affairs
Democrat lawmakers and veterans' groups are fuming over the Department of Veterans Affairs' (VA) plans to cut roughly 80,000 employees in the coming months, decrying the lack of transparency and ...The Hill - Mar. 9 -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - Mar. 10 -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - Mar. 11 -
Judge blocks Trump administration plan to cut millions for teacher training
Eight states had requested a temporary restraining order, which judge granted saying ‘programs ... will be gutted’ . A federal judge in Boston on Tuesday blocked the Trump administration’s plan to ...The Guardian - Mar. 12 -
Louisiana voters in Speaker Johnson’s district react to Medicaid cut threats
Residents of Vinton, La., which is part of House Speaker Mike Johnson’s district, are concerned that Republicans will make cuts to Medicaid to reduce government spending. NBC News’ Melanie Zanona ...NBC News - Mar. 12 -
In rural Louisiana, Speaker Mike Johnson’s constituents fear potential Medicaid cuts
In House Speaker Mike Johnson’s backyard, many residents rely on anti-poverty programs to help make ends meet — and are pleading with the Louisiana Republican to protect those benefits as Congress ...NBC News - Mar. 12
