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Wednesday, April 2, 2025

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High on Hope, Wall St. Hears What It Wants From Trump

Investors and executives are often emphasizing what they like in the president-elect’s agenda, while dismissing what they don’t as mere posturing.

Scott Bessent, Trump’s Treasury Pick, Is Poised to Test ‘Three Arrows’  Economic Strategy

Scott Bessent’s “3-3-3” plan to stimulate growth, reduce the deficit and expand oil production will soon face economic realities.

House Passes Defense Bill Denying Transgender Health Coverage for Minors

The $895 billion measure was approved over the opposition of most Democrats, who rejected a provision inserted by Republicans to deny the coverage to...

On Issue After Issue, Trump Promises the Moon. No Word on the Rocket.

The president-elect has made some of the most expansive campaign pledges in history. Some supporters fear that his bravado could undermine his ambitions.

Billy Long Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.

Since leaving Congress in 2023, Billy Long has peddled a pandemic-era tax credit that the I.R.S. has warned is a magnet for fraud.

Elon Musk and Vivek Ramaswamy Visit Capitol Hill to Discuss DOGE

The tycoons in charge of President-elect Donald J. Trump’s amorphous government efficiency initiative made the rounds on Capitol Hill, bashing debt but revealing little...

Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds

A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.

Musk’s Slashing of the Federal Budget Faces Big Hurdles

The so-called Department of Government Efficiency, with Elon Musk as co-leader, has advantages that past budget-cutters did not, but laws and court challenges can...

Trump Cabinet: Inside the Many Ideologies of His Nominees

One faction of prospective nominees appears focused on revenge, another on calming markets and a third on relentlessly — perhaps hopelessly — cutting people...

The High Risk, High Reward Trump Market

Faced with unconventional and disruptive proposals, investors are figuring out how to place their bets.

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