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Donald Trump’s territorial wishlist
Also in today’s newsletter, Pfizer leads pharma’s efforts to cosy up to the president-electFinancial Times - Jan. 9 -
Why Donald Trump wants Greenland
The Arctic island has long been vital to US security and its importance is only increasingFinancial Times - Jan. 9 -
Trump pays respects to President Carter
President-elect Donald Trump and his wife Melania paid respects to President Jimmy Carter as he lies in state at the U.S. Capitol.NBC News - Jan. 8 -
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 -
Biden approves major disaster declaration for California wildfires
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday ...CBS News - 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 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - 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 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - 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 -
Will Trump really take Canada and Greenland?
He also said he wants to reclaim the Panama CanalBBC News - Jan. 8 -
Jeffries: 'Confused' by Trump's 'obsession' with Greenland
House Minority Leader Hakeem Jeffries (D-N.Y.) hammered President-elect Trump on Wednesday for what he characterized as an “obsession” with the idea of the U.S. taking over Greenland, accusing ...The Hill - Jan. 8 -
What Trump Wants With Greenland
Interest in the vast, ice-covered island reflects a global scramble for the Arctic.The Wall Street Journal - 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 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - Jan. 8 -
Why Does Trump Want Greenland?
The president-elect said the United States needed the island, which is a semiautonomous part of Denmark, for national security reasons. But there are other possible interests.The New York Times - Jan. 7 -
Senate approves committee assignments, tees up confirmation hearings next week
The Senate on Tuesday approved its organizing resolution for the 119th Congress, officially setting the composition of committees and greenlighting nomination hearings to take place in the coming ...The Hill - Jan. 7 -
No one is above the law — except Trump
By artifice, luck, disinformation and extraordinary political success, Trump has shown that the only verdict that counts is in the court of public opinion.The Hill - Jan. 7 -
Democrats still underestimate Trump
Despite his greatest political win, and arguably America’s greatest presidential recovery, Trump’s opponents continue to act as though his success is a fluke.The Hill - 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 -
Jennifer Lopez and Ben Affleck settle divorce, ask judge to approve
Court documents show Jennifer Lopez and Ben Affleck settled their divorce back in September and are now asking for a judge to approve the breakup.CBS News - Jan. 6 -
Congress certifies Trump's election victory
A joint session of Congress counted electoral votes from the November election and certified Donald Trump's victory. Vice President Kamala Harris, who lost to Trump, presided over the proceeding. ...NBC News - Jan. 6 -
Trump to meet with Senate Republicans on Wednesday
President-elect Trump will be on Capitol Hill on Wednesday at the invitation of Senate Republican leadership, according to three sources familiar with the invitation. GOP leaders haven’t released ...The Hill - Jan. 6 -
What Will Trump Do With All That Power?
What can we expect from the president-elect?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 -
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Hamas Approves List of Hostages It May Free Under a Cease-Fire Deal With Israel
Israel says Hamas has not provided any information about the status of those 34 hostages, dampening any notion that the endorsement is a step toward a deal to stop the war.The New York Times - Jan. 6 -
Thune: Relationship with Trump ‘evolving’
New Senate Majority Leader John Thune (R-S.D.) said his relationship with President-elect Trump is “evolving.” “There is an alignment of incentives,” Thune said Sunday on NBC News’s “Meet the ...The Hill - Jan. 6 -
The Next Chapter in the Amazon-Trump Reset
The tech company’s deal to release a film on Melania Trump has renewed scrutiny of Jeff Bezos’s efforts to get closer to the president-elect.The New York 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