President Trump’s choice for the next Federal Reserve chief, Jerome H. Powell, will face an immediate test as stronger economic growth exerts greater pressure on the central bank to step up the pace of interest rate hikes.
In a rare direct appeal to President Trump, the director of the Consumer Financial Protection Bureau wrote a letter asking the president to veto legislation that would kill a new rule that makes it easier for customers to bring class-action suits against banks.
The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials.
Americans could see a lot more drones flying around their communities as the result of a Trump administration test program to increase government and commercial use of the unmanned aircraft.
Senate votes to kill new rule allowing class-action lawsuits against banks; Pence casts deciding vote
The Senate voted Tuesday night to kill a controversial pending rule that would have allowed Americans to file class-action suits against banks instead of being forced into private arbitration or small claims court. Vice President Mike Pence broke a tie and cast the deciding vote.
Federal regulators have voted to eliminate a long-standing rule covering radio and television stations, in a move that could ultimately reshape America's media landscape.
In a new report Monday, the Treasury Department slammed a pending rule that would ban the use of some arbitration agreements by banks and other financial firms. The report comes as some conservatives remain hopeful the Senate will move to block the rule.
The outlines of the tax overhaul released by the White House and Republican leaders last month said that “[t]ax reform will aim to maintain or raise retirement plan participation of workers and the resources available for retirement.”
President Trump intends to nominate Joseph Simons, a longtime expert in competition law, to head the Federal Trade Commission, America's top privacy and consumer protection agency, the White House said Thursday.
Treasury Secretary Steven T. Mnuchin said Tuesday that failure to pass the Republican tax overhaul would trigger a “significant” drop in the stock market, which has rallied to record highs in recent months.
After wrapping up their latest and most contentious round of NAFTA negotiations Tuesday, top trade officials from the U.S., Mexico and Canada were openly critical of each other’s positions.
A White House official says President Donald Trump has narrowed his search for the next Federal Reserve chairman to five final candidates. A decision is
Limiting instead of scrapping the state and local tax deduction would keep the benefit for all but the top 1% of income earners, but would raise only about a quarter of the revenue for lawmakers looking to offset broader proposed tax cuts, according to a new analysis.
Trump threatens networks, saying it's 'disgusting the way the press is able to write whatever they want'
President Trump intensified his threat against the media Wednesday, suggesting government power be used to yank the licenses of broadcasting networks after NBC reported his private remarks on nuclear weapons.
Covered California authorized a 12.4% average surcharge on silver-tier plans, the second-least expensive option sold on the exchange. It brings the total average premium increase on those plans to nearly 25% next year.
A judge in Washington D.C. limited the scope of a Justice Department warrant against L.A.-based DreamHost for information about visitors to an anti-Trump website.
President Trump said he has an economic development bill, “which nobody knows about,” that would provide incentives to keep companies in the U.S. and “severely” penalize them if they move offshore.
Trump administration launches attack in a culture war, rolls back Obama rules on birth control and transgender employees
Trump administration rolls back Obama rules and frees employers from paying for contraceptives.
The Treasury Department on Friday recommended rolling back key parts of Obama-era regulations on Wall Street, including a requirement that companies disclose the pay gap between CEOs and their employees. The report is the second of four ordered by President Trump to review the banking ...
Vice President Mike Pence called for the U.S. to return to the moon and use that as a steppingstone to Mars, which could be a boon for commercial space companies.
With Trump in White House, companies such as Whirlpool are emboldened to dust off old rules to fight unfair trade. But Whirlpool's case could threaten plans by Samsung and LG to build plants in the United States. The case is becoming a test of Trump's trade policies.
As it works to roll back the Affordable Care Act, the Trump administration is letting critical state health initiatives languish and frustrating a growing number of state leaders trying to help their residents, including several from solidly Republican states.
GOP tax plan would benefit super-rich the most, slightly raise taxes on upper earners, analysis finds
The Republican tax plan would give the biggest benefit to the super-rich and slightly raise taxes on upper earners while reducing them for everyone else, according to an analysis released Wednesday by a non-partisan think tank.
Many Californians could take a big hit with the loss of the federal deduction for state and local taxes in the tax outline released Wednesday by President Trump and top Congressional Republicans.
The GOP tax overhaul outline released Wednesday has a lot for businesses to like and a lot of unanswered questions for everyone else.
It is no secret that the bulk of Ivanka Trump's merchandise comes from China. But just which Chinese companies manufacture and export her handbags, shoes and clothes is more secret than ever.
President Trump’s efforts to turbocharge the U.S. economy require help from the Federal Reserve. Now he's in a unique position to try to assure he gets that assistance.
Treasury inspector general looking into Steven Mnuchin's request for a military jet for his honeymoon
Treasury Secretary Steven T. Mnuchin requested a military plane for his European honeymoon this summer, triggering new questions about the use of government aircraft by him and his wife.
Driverless-car developers should go for it! In essence, that’s the Trump administration’s new directive to automakers and technology companies.
Tens of thousands of former students who say they were swindled by for-profit colleges are being left in limbo as the Trump administration delays action on requests for loan forgiveness.
State insurance commissioners urged Congress to fix Obamacare markets as lawmakers began considering bipartisan amendments to the law
Federal Reserve Vice Chairman Stanley Fischer announced Wednesday that he will step down next month, opening another seat on the central bank’s board for President Trump to fill.
Congressional leaders are calling on the White House to pursue further discussions instead of pulling out of a trade pact with South Korea.
Tech leaders, including Tim Cook of Apple, have signed on to a letter calling on President Trump and congressional leaders to keep the DACA program.
Affirming its disdain for "Obamacare," the Trump administration on Thursday announced sharp cuts in programs promoting healthcare enrollment under the Affordable Care Act for next year.
Trump administration picks former official at for-profit DeVry University to head student aid enforcement unit
The Trump administration has picked a former official at for-profit DeVry University, which paid $100 million last year to settle claims it misled students, to head a student aid enforcement unit.
With Steve Bannon out of the White House and former investment bankers and Democrats in key positions, what happens to President Trump's populist agenda?
In a speech heavy on populism but lacking details, President Trump on Wednesday launched a push for a trickle-down tax overhaul centered on slashing the rate paid by businesses and individuals.
The Food and Drug Administration has approved the first treatment that genetically engineers patients' own blood cells to seek and destroy childhood leukemia. The move opens a new era in cancer care.
Gary Cohn publicly criticizes Trump's Charlottesville response and reportedly came close to resigning over it
Top White House economic advisor Gary Cohn has publicly criticized President Trump's response to the violence in Charlottesville, Va., and reportedly came close to resigning over it.
Yellen defends tougher financial regulations, a move that could hurt her chance for renomination as Fed chair
Federal Reserve Chairwoman Janet L. Yellen said Friday that tough new regulations have made the financial system safer with little downside, comments that could hurt her renomination chances.
Trump advisor Carl Icahn resigned in advance of magazine article on his potential conflicts of interest
Carl Icahn, who resigned Friday from as President Donald Trump's adviser on deregulation efforts, stepped down ahead of a lengthy article detailing his potential conflicts of interest.
President Trump announced Wednesday that the White House’s economic advisory council and manufacturing council have dissolved — panels that consisted of business leaders from high-profile companies.
The executive defections accelerated after what many saw as Trump's defense of white supremacists on Tuesday. Then he shut the councils down.
The Trump administration will continue paying a subsidy to insurance companies that is critical for maintaining stability in healthcare marketplaces.
DreamHost is resisting a federal demand for more than 1.3 million IP addresses to identify who visited a website set up to coordinate anti-Trump protests on Inauguration Day.
A trade case filed by two bankrupt solar firms could leave Trump an opening to undermine the solar industry and touch off a trade war with China. Will he take it?
The chief executive of Merck & Co., publicly resigned from a White House manufacturing council on Monday, declaring he felt “a responsibility to take a stand against intolerance."
Actions by the Trump administration are triggering double-digit premium increases on individual health insurance policies purchased by many people, according to a nonpartisan study.
What Trump effect? Airlines are adding routes to handle growing cross-border travel demand from Mexicans and Americans
U.S. and Mexican airlines are adding new routes between the two countries, despite fear that Trump would alienate Mexican travelers.
A Trump Organization company has applied for four new trademarks in the Asian gambling hub of Macau, including one for casinos, public records show. The new
The Trump administration and congressional Republican leaders have ditched a controversial border-adjusted tax proposal as part of an effort to present a united front for a broad tax-overhaul.
A letter released Wednesday by Sen. Richard J. Durbin reveals that the Trump administration has done little to help defrauded student loan borrowers since taking office.
Senate Democrats on Thursday criticized the financial industry backgrounds of President Trump’s nominees for two key banking regulatory positions, arguing they wouldn't protect consumers.
Foxconn, the Taiwanese maker of Apple Inc.’s iPhone, will build its first American factory in Wisconsin, a sprawling campus to produce liquid-crystal display panels.
Leaders of Apple, Google, Uber, Facebook and Twitter voiced support for transgender service members — but were careful not to mention Trump by name.
Transportation Security Administration is about to start new screening procedures for electronics in carry-on luggage at all airports nationwide.
The House of Representatives voted Tuesday to block a new rule that would make it easier for consumers to bring class-action lawsuits against banks.
The AT&T chief finds himself in an awkward spot as his company seeks the Trump administration's approval for Time Warner Inc. deal
President Trump said he's considering either re-nominating Janet Yellen for a second term as Fed chair or replacing her with someone else, possibly Gary Cohn, who leads his National Economic Council.
In the net neutrality debate, top executives from AT&T, Comcast, Facebook, Google, Netflix and Verizon, among others, are being asked to Capitol Hill on Sept. 7 to argue their sides.
Some parts of Trump's empire stand to benefit from his new power, but the Trump National Golf Club in Rancho Palos Verdes seems to be experiencing backlash.
House and Senate Republicans introduced bills Thursday calling for the repeal of a just-announced CFPB rule that would make it easier for consumers to bring class-action lawsuits against banks.
The Congressional Budget Office releases an update of its analysis of the new Senate Republican bill rolling back Obamacare.
New security measures mean flights to the U.S. can allow laptops, tablets and other large electronics in the cabins of airline flights, the The Department of Homeland Security said.
The Department of Homeland Security announced a one-time increase of 15,000 additional visas for low-wage, seasonal workers for the remainder of this fiscal year.
A new rule allowing consumers to file class-action suits against banks instead of being forced into private arbitration has become caught in a dispute between key financial regulators.
Federal Reserve Chairwoman Janet L. Yellen on Thursday told lawmakers the risk of another financial crisis would increase if some Trump administration proposals to roll back regulations were enacted.
Some off the Web’s biggest names – Amazon, Google, Netflix and Twitter – along with thousands of smaller websites – urged their users to tell Washington to leave the Internet the way it is.
President Trump made the first move Monday to put his stamp on the Federal Reserve, nominating investment-fund manager Randall Quarles to a key vacancy overseeing regulatory efforts.