Author: Zach Halaschak, Washington Examiner
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Trump names Kevin Warsh to be next Fed chairman
President Donald Trump has named former Fed governor Kevin Warsh to be the next Federal Reserve chairman. Warsh, 55, would replace current Fed Chairman Jerome Powell when his term is up. The pick was announced in advance of Powell’s departure in May, as expected by Fed watchers. “I have known Kevin for a long period…
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Dollar falls to multi-month lows on uncertainty over tariffs, the Fed, and shutdown threat
The value of the dollar continued to drop on Monday, falling to a four-month low as uncertainty surrounding tariffs, the Federal Reserve, and a potential government shutdown put downward pressure on the greenback. The dollar index dropped as low as 96.85 on Monday, down from recent highs of over 99 just last week. The Bloomberg Dollar Spot…
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Trump floats overhaul of tax rules to crack down on institutional homebuyers
President Donald Trump said Wednesday that the administration will consider overhauling the tax code’s depreciation rules to remove advantages that large institutional investors might have over families in buying houses. Trump, speaking at the World Economic Forum’s annual meeting in Davos, Switzerland, discussed the White House’s push to ban institutional investors from purchasing single-family homes.…
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Powell will attend Supreme Court hearing on Trump power to fire Fed governor
Federal Reserve Chairman Jerome Powell will attend oral arguments at the Supreme Court for a case in which President Donald Trump is testing the bounds of his power by attempting to fire a member of the central bank’s board of governors. Powell will attend the hearing, set for Wednesday, a source familiar with his plans…
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Trump has lurched to the populist Left with recent economic proposals
President Donald Trump’s recent economic proposals mark a notable shift further into populism and an embrace of policies typically espoused by left-leaning political figures. In recent days, Trump has proposed capping credit card rates at 10% for one year, a proposal met with pushback from free-market advocates. He has also said he wants to ban…
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Top Democrat challenges Trump on ban of big investors from single-family houses
The top Democrat on the House’s housing subcommittee expressed skepticism about the Trump administration’s push to ban institutional investors, such as Blackstone, from purchasing single-family homes. Rep. Emanuel Cleaver (D-MO), the ranking member of the Financial Services Subcommittee on Housing and Insurance, spoke with the Washington Examiner on Tuesday during an interview focused on housing policy and…
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The top economic policy developments of 2025 that will shape the years to come
From the passage of landmark tax legislation to President Donald Trump‘s sweeping tariff agenda, 2025 featured changes to economic policy that will have major implications for American families and businesses for years. Trump won the 2024 presidential election in large part because of voter dissatisfaction with the inflation that plagued the country for much of…
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Inflation and affordability loom over midterm elections
Inflation and affordability were the top considerations of voters in the 2024 elections and remain so at the end of 2025 — and they could determine the outcome of the 2026 midterm elections. The 2025 off-year elections offered a warning to Republicans, who currently control the White House, House, and Senate. Recent polling indicates that…
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Longest government shutdown in history also poised to be most costly
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The government shutdown ended this week, after 43 days, which was the longest on record and is expected to leave the biggest fiscal footprint. While exact estimates of the cost hit and the overall fiscal impact are still being quantified, it is safe to say that, due to the length of the shutdown, it will…