Tag #Trump Administration

us.cnn.com
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Trump Allies' FDIC Dismantling Proposals Spark Concern

Proposals to dismantle the FDIC, the agency insuring bank deposits, have emerged from President-elect Trump's allies, sparking concerns about the potential for bank runs and the loss of public trust in the safety of deposits, despite experts' belief that Congress is unlikely to support such a move.

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52% Bias Score

Reduced Inequality
theglobeandmail.com
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Powell's Final Year: Navigating Economic Uncertainty

Jerome Powell, Federal Reserve chair, faces significant challenges in his final year, including managing inflation near the 2 percent target, navigating the impact of potential policy changes under the incoming Trump administration, and completing quantitative tightening. These tasks will require sk...

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36% Bias Score

Decent Work and Economic Growth
forbes.com
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Trump's Tariff Threat: US-Mexico Energy Trade at Risk

President Trump's potential second term plans include a 25% tariff on all Mexican and Canadian imports, including crude oil and natural gas, potentially disrupting the nearly $70 billion US-Mexico energy trade in 2023, a sharp departure from past trade practices.

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32% Bias Score

Decent Work and Economic Growth
us.cnn.com
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Express CEO's \$1 Million in Perks During Bankruptcy Draws SEC Scrutiny

Express, the fashion retailer, filed for bankruptcy amid declining sales; its CEO, Tim Baxter, used almost \$1 million in company perks, including personal jet use, which the SEC investigated, resulting in a cease-and-desist order without penalties due to cooperation.

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44% Bias Score

Reduced Inequality
theguardian.com
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Trump's Civil Rights Division Nominee Threatens Ongoing Investigations

President-elect Trump intends to replace the head of the Justice Department's Civil Rights Division, Kristen Clarke, with Harmeet Dhillon, a move that threatens to halt numerous ongoing investigations into police misconduct, discrimination, and other civil rights violations.

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60% Bias Score

Peace, Justice, and Strong Institutions
dw.com
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Poland to Pressure Russia in Ukraine Peace Talks, Strengthen Sanctions

Polish Foreign Minister Radosław Sikorski, on December 16th in Brussels, advocated pressuring Russia, not Ukraine, into peace talks, promising increased EU sanctions against Russia, especially its "shadow fleet," during Poland's upcoming EU presidency, starting January 1st, and scheduling key meetin...

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36% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Fed Expected to Implement "Hawkish Cut," Slowing Pace of Future Rate Reductions

On Wednesday, the Federal Reserve is expected to lower its benchmark interest rate by 0.25 percentage points to a range of 4.25-4.50 percent, a move considered a "hawkish cut" due to uncertainty about the impact of President-elect Trump's policies and persistent inflation above the Fed's 2 percent t...

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40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Kennedy's HHS Appointment Divides Public Opinion

President-elect Donald Trump's appointment of Robert F. Kennedy Jr. to lead the Department of Health and Human Services is overwhelmingly supported by Republicans but faces significant opposition from Democrats and a divided public response, raising concerns about future health policies, especially ...

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44% Bias Score

Good Health and Well-being
cbsnews.com
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Connolly Elected Ranking Member of House Oversight Committee

Rep. Gerry Connolly (D-VA) won the election for ranking member of the House Oversight Committee, defeating Rep. Alexandria Ocasio-Cortez (D-NY) by 131-84 votes, showcasing a preference for seniority among Democrats despite calls for generational change within the party; Connolly will likely chair th...

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48% Bias Score

Peace, Justice, and Strong Institutions
foxnews.com
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Fetterman to Vote on Trump Nominees After Individual Meetings

Senator John Fetterman, D-Pa., met with President-elect Trump's nominees Elise Stefanik, Pete Hegseth, and Tulsi Gabbard, stating his votes will stem from informed opinions after conversations with each nominee; he has publicly supported Stefanik.

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40% Bias Score

Peace, Justice, and Strong Institutions
us.cnn.com
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Democrat Moskowitz Contender to Lead FEMA Under Trump

Florida Democratic Rep. Jared Moskowitz is a top contender to lead the Federal Emergency Management Agency (FEMA) under President-elect Trump, bringing his experience as Florida's emergency management director and bipartisan approach to the role.

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36% Bias Score

Reduced Inequality
nbcnews.com
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Biden's Last-Ditch Effort for Student Loan Forgiveness Faces OMB Review

The Biden administration submitted a revised student loan forgiveness plan to the OMB, aiming to provide relief to millions before the end of his term, despite facing legal challenges and strong opposition from the incoming Trump administration.

Progress

40% Bias Score