Donald Trump
Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests
Chip Somodevilla | Getty Images President-elect Donald Trump proposed sweeping new tariffs while on the campaign trail. The self-proclaimed “Tariff Man” has said he could impose such levies on U.S. imports without Congress’ approval. There’s debate among economists and other experts as to whether he could do so. Sen. Rick Scott, R-Fla. — one of […]
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Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. David Swanson | Reuters Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump’s tariff proposals could worsen long-term inflation if global […]
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What Trump’s mass deportation plan would mean for immigrant workers and the economy
President-Elect Donald J. Trump won the White House based partly on his promises to rein in immigration, with targeted policies that range from sending criminals to their home countries to more sweeping ones like mass deportations. During the campaign, Trump pledged to end the Temporary Protected Status that allows workers from select countries to come to […]
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Trump says Haley, Pompeo will not join second administration
President-elect Donald Trump speaks during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, on November 6, 2024. Jim Watson | AFP | Getty Images President-elect Donald Trump said on Saturday that former Republican presidential contender Nikki Haley and former Secretary of State Mike Pompeo will not be […]
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FEMA fires employee who told Florida relief workers to skip Trump supporters
Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell stands next to a track map of Hurricane Ian, during a press conference at FEMA Headquarters on September 28, 2022 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images The Federal Emergency Management Agency on Saturday confirmed that it fired an employee who had […]
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‘#EndtheFed’: Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla and SpaceX CEO Elon Musk, the billionaire backer of newly minted President-elect Donald […]
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Bull market revs back up on Trump enthusiasm as traders race to grab small caps, banks and Tesla
Profound change swept across the electoral map on its way to upending Washington, DC, last week. But how much has truly changed for economic and investment conditions? In the last-minute anticipation and then immediate reaction to Donald Trump’s victory on Tuesday, nearly everything broke in favor of risk markets. A quick and decisive election result […]
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Piper Sandler says Trump will usher in a wave of mainstream crypto adoption — so buy these stocks
The new Trump administration will offer a good backdrop for crypto-related stocks, according to Piper Sandler. Cryptocurrency-linked assets surged on Wednesday following Trump’s victory. The president-elect has indicated his support for the industry, and more favorable regulations under a new administration could continue to send digital currencies like bitcoin to new all-time heights . On […]
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These stocks have major upside because of potential Trump policies, analysts say
Wall Street analysts are looking ahead to President-elect Donald Trump’s return to the White House, and many stocks could be poised to benefit. CNBC Pro combed through the most recent Wall Street research to find companies analysts really like heading into 2025 based on potential Trump policies. They include General Motors, Ford Motor, Robinhood , […]
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