Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Wednesday, September 14, 2022

Senate Democrats say buy now, pay later products lack oversight

Senate Democrats say buy now, pay later products lack oversight-rollcall:  Senate Banking Democrats see the specter of the 2008 financial crisis in emerging technology-based lending products that lack the consumer protections applied to traditional forms of credit, including buy now, pay later services.

Wednesday, July 27, 2022

‘Chips-plus’ bill advances toward final passage in Senate

Chips-plus bill advances toward final passage in Senate-rollcall:  An economic competitiveness package meant to boost U.S. semiconductor manufacturing and scientific research is on track to pass the Senate this week after overcoming a filibuster on Tuesday.

Monday, July 11, 2022

‘I don't think we should be talking ourselves into a recession,’ Commerce secretary says

‘I don't think we should be talking ourselves into a recession,’ Commerce secretary says-politico:  Commerce Secretary Gina Raimondo on Sunday said the U.S. can stave off a recession, despite concerns that the Federal Reserve’s tightening of interest rates to combat inflation could spur an economic downturn.

Monday, June 1, 2020

Why Politics Keeps Tanking a Bailout Idea that Works

Why Politics Keeps Tanking a Bailout Idea that Works-politico: The last time the American economy tanked and Washington debated how to revive it, White House economists pushed one option that had never been tried in a big way: Send truckloads of federal dollars to the states.

Tuesday, August 13, 2019

Recession warnings pose 2020 threat to Trump

Recession warnings pose 2020 threat to Trump-thehill: Fears that a recession could hit the U.S. next year are growing on Wall Street, creating a potential headache for President Trump as he seeks to highlight the economy in his bid for a second term. Economists at Bank of America, Goldman Sachs and Moody’s Analytics in the past few days all raised concerns that a recession between now and next year’s elections is becoming more likely. And they all pointed the finger of blame at Trump’s trade policy.

Tuesday, July 31, 2018

China blames US for trade tensions

China blames US for trade tensions - China's top diplomat laced into the United States on Monday, saying that Washington — not Beijing — is responsible for current trade tensions between the two countries and rejecting the notion that China has taken advantage of the U.S.

Votes against medical device taxes show irresponsibility has a broad constituency

Votes against medical device taxes show irresponsibility has a broad constituency - REPORTS OF bipartisanship’s demise may be a little bit exaggerated, because if there’s one thing Republicans and Democrats can still occasionally agree on, it’s cutting taxes or increasing spending, especially to the benefit of favored industries, and charging the cost to the national debt.

Friday, July 27, 2018

Bipartisan Senate proposal unveiled to stop Trump from leaving NATO

Bipartisan Senate proposal unveiled to stop Trump from leaving NATO - Two senior GOP senators joined two Democrats on Thursday to propose a bill that would allow Congress to stop President Donald Trump from pulling out of NATO, the U.S.-European alliance that Trump has repeatedly criticized.

Regeneron’s Billionaire Founder Battles The Drug Pricing System


Regeneron’s Billionaire Founder Battles The Drug Pricing System - "It's not simply about just growing your earnings per share by raising your price," Schleifer says. "So, yes, I'm glad I've been outspoken, because I think that I am trying to prevent what is still at risk of happening: If the industry does not behave properly, the government is going to step in."

Friday, July 20, 2018

Trump threatens tariffs on all $500 billion worth of Chinese imports

Trump threatens tariffs on all $500 billion worth of Chinese imports - President Donald Trump said Thursday he's prepared to impose tariffs on all $500 billion worth of Chinese imports and will work to reset a trade relationship that he says is unfair, regardless of the implications it may have on the stock market or November’s midterm elections.

Trump meets with drug giant's CEO as part of price squeeze

Trump meets with drug giant's CEO as part of price squeeze - The CEO of drug giant Pfizer met with President Donald Trump at the White House today as the administration pressures drugmakers to voluntarily rein in prices, according to multiple industry sources.

Doctors and Health Workers Reflect on Rural America's Limited Access to Care


Doctors and Health Workers Reflect on Rural America's Limited Access to Care

Thursday, July 19, 2018

GOP looks to blunt Dems’ attacks on rising premiums

GOP looks to blunt Dems’ attacks on rising premiums - House Republicans are trying to blunt Democratic attacks over rising ObamaCare premiums, an issue that’s poised to play a key role in the November midterm elections.

Trump Plan to Lower Drug Prices Moves Forward on Several Fronts

Trump Plan to Lower Drug Prices Moves Forward on Several Fronts - The Trump administration moved swiftly in the past 24 hours to implement pieces of its plan to bring down drug prices, taking some major actions just a few days after a public comment period on the plan ended.

Tuesday, July 17, 2018

Overcoming health-care challenges by moving from volume to value


Overcoming health-care challenges by moving from volume to value - While we served in different administrations, we faced similar challenges in trying to improve the nation’s health-care system. The basic goal was to improve the quality of the care delivered and moderate the costs.

Friday, July 13, 2018

Lawmakers battle over busting budget to pay for veterans health care

Lawmakers battle over busting budget to pay for veterans health care - Spooking House conservatives and risking a presidential veto, Senate spending leaders are proposing to blow past budget limits to fund a popular private health care program for military veterans.

Americans are closely divided over value of medical treatments, but most agree costs are a big problem

Americans are closely divided over value of medical treatments, but most agree costs are a big problem - Americans have mixed assessments about the overall value of medical treatments today, even while a strong majority says science has generally improved the quality of U.S. health care, according to a recent Pew Research Center survey. At the same time, a substantial majority considers quality health care unaffordable.

Thursday, July 12, 2018

Senate Delivers Mild Rebuke to Trump on Trade

Senate Delivers Mild Rebuke to Trump on Trade - Sen. Bob Corker has finally got his colleagues on the record in support of Congress playing a role in national security-related trade decisions like those made recently under President Donald Trump.

Trump’s trade war steers Germany and China toward a united front

Trump’s trade war steers Germany and China toward a united front - U.S. President Donald Trump’s rapidly escalating trade war is pushing Berlin and Beijing into an uneasy economic alliance.

Wednesday, July 11, 2018

Markets fall as latest Trump tariff moves worry allies

Markets fall as latest Trump tariff moves worry allies - President Donald Trump's latest steps to slap tariffs on an additional $200 billion in Chinese goods led markets to tumble Wednesday morning and raised alarm among U.S. lawmakers and trading partners that an extended conflict could have wide-ranging economic consequences.