Tag #Trump Administration

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Pope Francis Names Progressive Cardinal McElroy Archbishop of Washington

Pope Francis appointed Cardinal Robert McElroy, a progressive known for his criticism of the USCCB's focus on abortion, as the new archbishop of Washington D.C., replacing Cardinal Wilton Gregory; this comes ahead of Trump's inauguration and amidst political tensions within the church.

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Trump Transition Faces Staffing Shortfalls Ahead of Inauguration

President-elect Trump's transition team is struggling to fill roughly 2,000 political appointee positions by the January 20 inauguration, falling short of its goal due to candidate delays, a multi-step vetting process, and internal disagreements within the MAGA movement regarding personnel selection...

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Senate to Hold Key Confirmation Hearings Amidst Hegseth Controversy

Senate Majority Leader John Thune believes Pete Hegseth will likely be confirmed as Secretary of Defense despite past accusations of sexual misconduct; confirmation hearings for multiple key positions are scheduled for the week of January 13th, potentially influencing the Senate's ability to act fai...

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Citi Predicts Positive 2025 Market Outlook Despite Trump's Trade Policies

Citi's investment strategist Guillaume Menuet predicts a positive market outlook for 2025, anticipating growth and lower inflation despite Trump's trade policies; he expects a weaker dollar, interest rate cuts in the US, and recommends maintaining investments.

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Trump Announces Four New White House Staff Members

President-elect Trump announced four new White House staff members on Saturday: Stanley Woodward as senior counselor and assistant to the president; Robert Gabriel, Jr., as assistant to the president for policy; Nicholas Luna as assistant to the president and deputy chief of staff for strategic impl...

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New Orleans Terror Attack Spurs Push for Expedited Confirmation of Trump's National Security Team

A New Year's Day terrorist attack in New Orleans, leaving 14 dead and dozens injured, is prompting Senate Republicans to push for expedited confirmation of President-elect Trump's national security team nominees, citing concerns over intelligence failures and the threat posed by ISIS.

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Barr Resigns as Fed's Top Bank Regulator

Federal Reserve Governor Michael Barr announced his resignation as vice chair for supervision on February 28th, 2024, to preempt potential conflicts with the incoming Trump administration and Senate Republicans who opposed his stricter banking regulations; Barr will remain a Fed governor.

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Republicans Reintroduce Conservative Bills in 119th Congress

The 119th Congress opened with Republicans reintroducing several conservative bills, including those targeting voter registration, illegal immigration and sanctuary cities, aiming for swift passage under the incoming Trump administration.

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Trump Administration to Prioritize Interior Deportations, Focusing on Public Safety

Tom Homan, President-elect Trump's border czar, outlines a plan for mass deportations focusing on interior enforcement, prioritizing public safety threats, and addressing challenges posed by sanctuary cities and countries refusing to accept deportees.

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Trump Backs Single, Comprehensive Legislative Package

House Speaker Mike Johnson announced President-elect Trump's support for a single, comprehensive legislative package including border, energy, and tax policies, marking a strategic shift from Senate Republicans who favored separate bills due to the narrow House majority and time constraints.

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forbes.com
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6th Circuit Strikes Down FCC's Net Neutrality Rule

The 6th Circuit Court of Appeals struck down the FCC's Net Neutrality Rule on January 2, 2025, concluding that broadband providers offer "information services," not "telecommunications services," thus eliminating the regulatory authority for net neutrality. This decision, influenced by the Supreme C...

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S&P 500 Projected to Rise 13% in 2025 Amidst Economic and Political Uncertainty

The S&P 500 is projected to rise approximately 13% by the end of 2025, reaching nearly 6,700, driven by consumer spending and corporate investment; however, President Trump's policies, inflation, and potential political gridlock pose significant risks.

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