Economic Policy News
The Daily Signal provides economic policy news with reporting, analysis, and commentary on markets, growth, and fiscal responsibility.
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analysis
Can Trump Really Give Every Adult American $5K Check?
President Donald Trump shocked the nation Wednesday night when he promised to send a $5,000 check to every American adult if Republicans win the midterms, but conservative economists say the proposal should not come to fruition. “Because we’ve done so well, and because our country is making so much money, only I can make this… -
news
HUD Secretary Fires Up Republican Convention
Scott Turner, who serves as the 19th secretary of the U.S. Department of Housing and Urban Development, fired up conventiongoers at the Republican midterm convention in Texas Wednesday. He began with a look back. Under President Joe Biden, “the American flag became a white flag of surrender,” Turner told the convention. That is no longer… -
opinion
Victor Davis Hanson: The US Has Entered Stage 3 in the Trade War With Canada
Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal senior contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos. Hello, this is Victor Davis Hanson for the Daily Signal. The philosopher Heraclitus, an ancient Greek philosopher, once said that you don’t step into the same river… -
news
States Increasingly Pulling Rug Out From Under Big Tech With Tax Break Reversals
DAILY CALLER NEWS FOUNDATION—States that offered billions of dollars in tax breaks to lure data centers began to pull back the incentives as the artificial intelligence boom drove up costs and fueled opposition to the facilities. More than 10 states paused or canceled data center tax exemptions, threatening benefits that helped Amazon, Meta, and Google build… -
opinion
Only a Token Difference: Treating Cryptocurrencies Differently Makes No Sense
Cryptocurrencies like stablecoins have left many in the financial world, from major banks to customers, scratching their heads. It’s not just because few people understand how things like tokens work, but because regulations governing digital assets have further muddied the waters. And amid this confusion, consumers lose out. There are traditional financial products or services… -
breaking
Trump Celebrates Job Growth That Tripled Expectations
The economy added 162,000 jobs in August, the Labor Department announced Friday morning, tripling the expectations of economists. Economists had predicted a gain of just 53,000 jobs. The unemployment rate remained at 4.1%. “Great jobs number just announced, breaking all estimates (except mine!) by double and triple – And you haven’t seen anything yet!” President Donald… -
analysis
Housing Affordability Crisis Results From ‘Too Much Socialism,’ Not Too Little: Report
America’s housing affordability crisis isn’t a result of too little government intervention or socialism, but a tragic consequence of massive federal intervention gone awry, a new Heritage Foundation report argues. “When it comes to housing, our problem isn’t a lack of socialism but too much socialism,” John Gibbs, Heritage’s economics director, told the Daily Signal…. -
news
Democrats’ Minimum Wage Hike Would Make Life Less Affordable: Study
A new study estimates that Democrats’ proposal to increase the federal minimum wage to $25/hour would cost the U.S. economy 5 million jobs and especially harm workers ages 16 to 24. “Politicians on the Left are making empty promises that minimum wage hikes will magically fix the cost of living crisis without doing their research,”… -
opinion
The Case for Capitalism
I’ve failed! I make the case for free markets … young people elect socialists! What are they thinking? Do they even think? Do they pay any attention to history? Or economics? Socialism always fails. Only markets create environments that let people prosper. “Getting the right environment—this country’s done it better than anyone else,” says Steve… -
news
EXCLUSIVE: Texas AG Paxton Targets DEI, ESG in Shareholder Advisory Firm Lawsuit
Texas Attorney General Ken Paxton brought a lawsuit against one of the world’s largest investment advisers, alleging it pushes an ESG agenda, an acronym for environmental, social, and governance. The lawsuit names the San Francisco-based Glass Lewis, a firm that advises more than 1,300 investment managers, and says its clients manage $40 trillion across 100… -
opinion
JD Vance Is Right: American Homelessness Is ‘Third World’
This month on “The Joe Rogan Experience,” Vice President JD Vance discussed Israel, Jeffrey Epstein, and aliens, topics that have lit up public conversation. Largely overlooked, however, were his thought-provoking remarks about America’s homelessness crisis, which highlight the harmful results of present policies in some of our largest cities and the need to enact new… -
news
The House Bans Insider Trading and Passes Voter ID
Congress just passed two major Republican efforts in one bill. The Stop Insider Trading Act, meant to stop members of Congress from profiting from the stock market based on insider knowledge, included the SAVE America Act. The legislation passed Wednesday evening, 232-198, with 13 Democrats joining Republicans to pass it. The Stop Insider Trading Act… -
opinion
Colonial America Already Ran the Socialist Experiment. It Failed.
New York City Mayor Zohran Mamdani told ABC’s Jonathan Karl last month that a democratic socialist can win any office in the country. He may be right about the contemporary politics, but he is dead wrong about the underlying economics, and Colonial America proved it four centuries before he took the oath of office. The… -
news
Vivek Ramaswamy Discusses Crucial Role Jobs Will Play in Election Upon Receiving Key Endorsement
Vivek Ramaswamy, the Republican nominee for governor in Ohio, on Tuesday received the Chamber of Commerce PAC endorsement. It’s an endorsement that Ramaswamy teased is just one of many to come. Early on in his remarks, Ramaswamy addressed the American dream. He said he knows it exists because of his own experience. “I know it… -
opinion
Why Lower Gas Costs Take Time to Reach the Pump
When crude oil prices drop sharply, why do drivers have to wait for relief at the pump? The answer follows a convoluted and policy-constrained path from drill rigs to local gas stations. The prices we encounter at the pump result from this complex chain, which begins with global crude and passes through refining, wholesale, independent… -
opinion
America at 250: Freedom, Capitalism, and the Future of the American Dream
This article is adapted from Maria Bartiromo’s segment on Fox News “Sunday Morning Futures.” Watch the video. In the history of the world, America has quickly ascended to become the number one global superpower, thanks in large part to capitalism and the rule of law and a Constitution that protects freedom and property. Together, it… -
news
America Is ‘LOSING the Ability to Feed Itself’: Senator Proposes Tariff Bill to Save US Agriculture
Amid domestic economic struggles, Sen. Bill Cassidy announced Thursday that he will introduce a bill to raise tariff quotas on food and agricultural products. The Louisiana Republican’s Home Market Restoration Act of 2026 would raise tariff rates to protect products from his home state such as shrimp, rice, honey, and beef—tariff rates that Congress has… -
opinion
‘ABSOLUTE FARCE’: Board Stacked With Mamdani Allies Passes Large-Scale Rent Freeze in New York City
“The [New York City] Rent Guidelines Board has stopped being a fact-finding body. It has become a body that starts with an answer and vibe codes its way backward to justify it.” That quote was from the resignation letter of Christina Smyth, a now-former member of the New York City Rent Guidelines Board who left… -
opinion
Giving Americans More Choices for Their Retirement Savings
For years, most Americans’ retirement savings plans have been locked out of certain investment choices, including some of the market’s best-performing assets. That makes it harder to save for retirement. Fortunately, though, this is about to change, giving savers new—and better—options for their investments. At issue are not only the many rules and regulations surrounding… -
opinion
The Great Corporate Governance Realignment
Three relatively recent events arguably serve as the most prominent landmarks for the dramatic shift in corporate governance we are currently witnessing. First, after roughly 100 years of essentially unchallenged dominance, Delaware’s role as the undisputed home of corporate charters ran into an iceberg in the form of Elon Musk. On Jan. 30, 2024, a…