Federal Reserve Officials Are Concerned About Inflation Effects of Trump Policies: Meeting Minutes

‘Almost all participants judged that upside risks to the inflation outlook had increased,’ the meeting summary states. Minutes from December’s policy meeting show that Federal Reserve officials expect inflation to continue moving toward the central bank’s 2 percent target. Still, officials believe the process could be slower amid upcoming changes to immigration and trade policies,

Blinken Responds to Trump, Says US Won’t Take Over Greenland

Trump has said that the United States should control the Danish island territory because of national security concerns. Outgoing Secretary of State Antony Blinken said that the United States likely will not take over Greenland anytime soon, referring to recent comments made by President-elect Donald Trump expressing interest in controlling the island. “The idea expressed

Former Congressman Matt Gaetz Says He May Run for Florida Governor

Gaetz resigned from Congress in 2024. Former Rep. Matt Gaetz (R-Fla.) says he may launch a gubernatorial bid. “I am starting to think about running for governor,” Gaetz told the Tampa Bay Times in an interview published on Jan. 7. Gaetz, 42, stepped down from the U.S. House of Representatives in 2024 after President-elect Donald

Senate Committee Aims to Hold Hearings With Rubio, Stefanik on Jan. 15, 16

Trump’s pick to be the nation’s top diplomat is Sen. Marco Rubio (R-Fla.), while Trump’s United Nations pick is Rep. Elise Stefanik (R-N.Y.). WASHINGTON—The Senate Foreign Relations Committee is aiming to hold hearings on President-elect Donald Trump’s nominees for Secretary of State and U.S. ambassador to the United Nations on Jan. 15 and Jan. 16,

Trump Wants Quick Action on His Agenda—Can Congress Deliver?

A budget reconciliation bill allows major spending changes by a simple majority vote. That may be difficult given disagreements on fiscal policy within the GOP. Congressional Republicans intend to use the budget reconciliation process to fund President-elect Donald J. Trump’s second-term agenda within 100 days of his inauguration. With control of both the House and