Witt Leaves White House Crypto Role After Two Years
The White House Digital Assets Advisory Committee has lost its executive director as Patrick Witt steps down from his post. The departure comes after the expiration of Witt’s temporary detail…
Economy
The American economy: growth, jobs, inflation, and the policies in Washington that shape prosperity.
Trump considers suspending federal gasoline tax before midterms
President Donald Trump stated on Tuesday that his administration is considering suspending the federal gasoline tax, a move that would require congressional approval and could impact funding for national infrastructure…
White House Cancels $100 Million in Education Appropriations
The White House executed a series of pocket rescissions on Friday, canceling approximately $100 million in education funding that Congress had explicitly appropriated for fiscal 2026. The Office of Management…
GAO Warns Billions at Risk as Education Department Halts Monitoring
The Government Accountability Office has issued a stark warning that billions of taxpayer dollars allocated for K-12 education are now vulnerable to waste, fraud, and abuse. The federal watchdog’s report…
Trump Backs Diesel Export Ban Amid Record Fuel Prices
President Donald Trump announced Tuesday that he supports a ban on diesel fuel exports to help curb soaring energy costs for American consumers and businesses. Fuel Costs Surge Diesel prices…
EPA Revokes Power Plant Emission Limits to Cut Costs
The Environmental Protection Agency moved Monday to dismantle federal greenhouse gas restrictions on the nation’s electric power sector, reversing a cornerstone climate policy established by the previous administration. EPA Administrator…
Senate Votes on Crypto Framework Amid Ethics Clause Debate
The Senate held a procedural vote Tuesday on the Digital Asset Market Clarity Act, a measure that would establish the first comprehensive regulatory framework for cryptocurrency in United States history.…
Debt Ceiling Breach Projected at $41.1 Trillion in 2027
With the national debt at a record $40 trillion and analysts forecasting a breach of the statutory borrowing limit at $41.1 trillion in 2027, Congress faces a high-stakes fiscal deadline…
McConnell Returns to Senate Floor After June Health Setback
Mitch McConnell returned to the Senate chamber in Washington on Monday, marking his first public appearance since suffering a fall in June. The 84-year-old former majority leader from Kentucky resumed…
Commerce Secretary Rules Out Taxpayer Funding for Trump’s Proposed $5,000 Payouts
The administration is facing mounting scrutiny over the financial mechanics behind President Donald Trump’s proposal to distribute $5,000 checks to American adults. Commerce Secretary Howard Lutnick has explicitly stated that…