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Economic News

Banks Seek Clarity as Trump Credit Card Rate Cap Nears

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17 January 2026
President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a 10% cap on interest rates.
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Trump Threatens Europe Tariffs Unless Greenland Deal

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17 January 2026
President Donald Trump said Saturday the United States will impose 10% tariffs on goods from Denmark, Germany, the United Kingdom, France and other European countries starting Feb. 1 unless a deal is reached for the U.S. to purchase Greenland.
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Kevin Hassett: Trump Has Backup Plan If Tariffs Dashed

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16 January 2026
Kevin Hassett says President Donald Trump has a plan B should the Supreme Court strike down his tariffs. "We can put a 10% tariff on right away to make up most of the room," the National Economic Council director said Friday on Fox News.
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Trump tells Hassett he wants to keep him where he is; Warsh Fed Chair odds jump

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16 January 2026
Trump, without explicitly stating his decision, said he'd prefer to keep Hassett in his position as top economic advisor.
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Trump Casts Doubt on Hassett Fed Bid, Prefers White House Role

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16 January 2026
President Donald Trump on Friday said he would like to keep his top economic adviser, Kevin Hassett, at the White House rather than potentially nominate him to replace Jerome Powell as chair of the Federal Reserve.
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US: Canada Will Regret Decision to Import Chinese EVs

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16 January 2026
Trump administration officials said Friday Canada would regret its decision to allow China to import up to 49,000 Chinese EVs, and that those cars would not be allowed to enter the United States.
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More Articles …

  1. US May Use Venezuelan Oil for Emergency Reserves
  2. Warsh sprints ahead in Fed chair race following Trump comments on Hassett, prediction markets show
  3. Trump: Countries Not Supporting US Control of Greenland May Face Tariffs
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