Donald Trump

CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle
Shoppers carry bags on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Based on payrolls processing firm ADP’s jobs report and the U.S. Federal Reserve “Beige Book,” the United States economy appears to be slowing. The number of private sector jobs created in […]
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Trump bans citizens of 12 countries from entering the U.S.
The Trump administration signed a proclamation Wednesday suspending travel to the U.S. for citizens from 12 countries: Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. Citing national security interests, the proclamation states that the identified countries lack sufficient vetting and screening processes needed to detect foreign nationals who may […]
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CNBC Daily Open: The observed slowdown of the U.S. economy depends on your vantage point
Shoppers carrying bags in the Soho neighborhood of New York, US, on Wednesday, March 26, 2025. Yuki Iwamura/Bloomberg via Getty Images Based on payrolls processing firm ADP’s jobs report and the U.S. Federal Reserve “Beige Book,” the United States economy appears to be slowing. The number of private sector jobs created in May rose by […]
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After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | Afp | Getty Images Days after his nomination for […]
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Musk whips opposition to Trump tax plan: ‘KILL the BILL’
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025. Evelyn Hockstein | Reuters Elon Musk on Wednesday ramped up his attacks against the massive tax-cut bill President Donald Trump is pushing Congress to pass, claiming it will condemn America […]
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Sen. Ron Johnson rips into ‘immoral’ GOP spending bill: ‘I can’t accept it’
Republican Sen. Ron Johnson on Wednesday blasted President Donald Trump’s “one big, beautiful bill” as “immoral” and “grotesque,” and reiterated that he will vote against it unless his GOP colleagues make major changes. “This is immoral, what us old farts doing to our young people,” Johnson said on CNBC’s “Squawk Box” after sounding alarms that […]
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Trump administration threatens to pull $4 billion from California high-speed rail project
Transportation Secretary Sean Duffy holds a news conference at Newark Liberty International Airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty Images The future of a high-speed rail project in California is under […]
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Immigrant said to be framed for writing Trump threat letters remains detained, for now
ICE arrested Ramon Morales-Reyes, a 54-year-old from Mexico on May 22, 2025. Courtesy: U.S. Homeland Security An undocumented immigrant who prosecutors say was framed by a jail inmate for writing threatening letters about President Donald Trump was ordered Wednesday to remain detained by an immigration judge in Chicago to give a government lawyer more time […]
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Trump tax bill would add $2.4 trillion to deficits, Congressional Budget Office says
President Donald Trump’s “big, beautiful bill” would add $2.4 trillion to federal budget deficits over the next decade, the Congressional Budget Office estimated Wednesday. The bill passed by House Republicans last month would decrease federal spending by $1.3 trillion, but also see a a $3.7 trillion drop in revenues, according to the CBO’s latest analysis. The […]
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Republican FCC commissioner Simington will step down this week
Nathan Simington, Commissioner at the Federal Communications Commission (FCC) testifies during a House Energy and Commerce Committee Subcommittee hearing on March 31, 2022 in Washington, DC. The subcommittee held a hearing on oversight of the FCC. Kevin Dietsch | Getty Images Republican Federal Communications Commission member Nathan Simington said Wednesday he plans to resign this […]
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