More from Simone Del Rosario
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Trump calls out Bank of America, Chase for debanking conservatives. Are they?
President Donald Trump took aim at some of the largest banks in the U.S. on Thursday, Jan. 23, during his address at the World Economic Forum. While speaking about his early accomplishments and economic agenda, the president accused Bank of America and JPMorgan Chase of refusing business from political conservatives. During the event in Davos,… -
Debt ceiling debate: Trump and Warren agree America should get rid of it
The U.S. is once again pushing up against the debt limit. That means Congress is on the clock to raise the debt ceiling or risk defaulting. The Treasury Department is taking “extraordinary measures” to keep from borrowing more than Congress has allowed to date. The national debt clock is now above $36.2 trillion. “They’re saying, ‘Oh, we… -
Here are 5 policies Trump touted at the World Economic Forum in Davos
President Donald Trump brought his message to the world stage on Thursday, Jan. 23, giving a special address to the World Economic Forum in Davos, Switzerland. At the event featuring leaders in global government and business, the president touted his priorities, including investment in America, easing the regulatory environment and tariffs. During the president’s opening… -
Saudi crown prince plans $600 billion in US investment, trade over 4 years
Saudi Arabian Crown Prince Mohammed bin Salman said he plans to invest $600 billion in the United States. The commitment comes from President Donald Trump’s first call with a foreign leader in his second term. President Trump confirmed the news Thursday, Jan. 23, during a speech at the World Economic Forum in Davos, Switzerland. “I’ll… -
Chase CEO Jamie Dimon changes tune on Trump tariffs: ‘Get over it’
The CEO of the world’s largest bank is backing President Donald Trump’s tariff plans in a new interview. It’s a reversal from JPMorgan Chase CEO Jamie Dimon’s past stance on tariffs. In 2018, Dimon told CNN, that tariffs during Trump’s first term would be a “threat” to the economy. He doubled down in 2019, telling… -
What is Silk Road? Trump pardons Ross Ulbricht 10 years after conviction
President Donald Trump continued his wave of pardons on Tuesday, Jan. 21, following through on a campaign promise. The president pardoned Silk Road founder Ross Ulbricht, who was convicted of drug trafficking and money laundering in 2015. “I just called the mother of Ross William Ulbricht to let her know that in honor of her… -
What happened to Trump’s promised tariffs on Mexico, Canada and China?
President Donald Trump issued dozens of executive orders on his first day in office, including a reprieve for TikTok. But absent from his declarations is an implementation of tariffs, which he extensively mentioned on his way to the White House. Shortly after winning November’s presidential election, Trump promised tariffs on his first day in office.… -
National debt is at its ceiling on Trump’s second day in office
President Donald Trump’s pick for treasury secretary, Scott Bessent, cleared his first confirmation hurdle from the Senate Finance Committee on Tuesday, Jan 21. On the same day, the agency he hopes to lead started taking “extraordinary measures” to keep from breaching the debt ceiling. According to the Treasury Department, the national debt stands at a… -
Lina Khan’s last-minute moves spark strong rebuke from Trump’s FTC chair
There’s a leadership change in Washington that will have a massive impact on business. As President Donald Trump enters the Oval Office, he signals a changing of the guard at the Federal Trade Commission, which has made a flurry of moves in the final weeks of the Biden administration. FTC Chair Lina Khan’s term has… -
President Trump is a crypto billionaire thanks to his latest meme coin
President Donald Trump became an overnight cryptocurrency billionaire after dispensing Trump meme coins on the Solana blockchain. The official Trump digital token exceeded a $10 billion market capitalization ahead of Trump’s inauguration on Monday, Jan. 20. According to CoinMarketCap, if all Trump coins were in circulation, the fully diluted value would exceed $50 billion. Despite… -
Will ‘no tax on tips’ make tipping culture even more taxing for Americans?
A bipartisan group of lawmakers led by Sen. Ted Cruz, R-Texas, introduced a bill to do away with taxes on tipped income. The legislation comes as Americans are already tipping less as prices rise, along with tipping fatigue. Cruz and his cosponsors promised this bill would offer financial relief for those who need it most.… -
Will Trump really lower your grocery bill? Most Americans doubt it
President-elect Donald Trump said he won the presidency on the promise he would lower the cost of groceries. But days before he takes the oath of office, most Americans remain skeptical he can deliver on that promise. More than three in five Americans are slightly or not at all confident Trump will lower the cost… -
John Deere blames politics for FTC lawsuit on farmers’ right to repair
The Federal Trade Commission has filed a lawsuit against John Deere, accusing it of boosting profits by forcing farmers to use authorized dealers for repairs. But the tractor giant called the lawsuit “meritless,” and pointed out it was filed in the final days of the outgoing Biden administration. The FTC, along with Illinois and Minnesota,…