Economy News
The Daily Signal reports on economy news with analysis and commentary on growth, recession risks, employment, and financial trends.
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exclusive
Congressman Wants to Ban Illegal Aliens From Banking System Amid Possible Trump EO
FIRST ON THE DAILY SIGNAL—Citing concerns that access to financial services incentivizes illegal immigration and could aid terrorism, Rep. Keith Self, R‑Texas, introduced legislation Thursday that would bar illegal aliens from the U.S. banking system by requiring banks to collect customers’ citizenship or immigration status. “Access to America’s financial system is reserved for those who… -
opinion
Ukraine Is Not a Cost. It Is an Opportunity.
Americans are right to ask a simple question about Ukraine: What is in this for us? That question deserves a clear and practical answer grounded in American interests. The strongest case for supporting Ukraine is not based on rhetoric or abstract appeals to the “international community,” but rather a straightforward assessment of what it means… -
opinion
Here’s How You Can Fight Back Against TV Shows Pushing the Transgender Woke Agenda on Your Kids
The LGBTQ+ agenda for brainwashing your kids isn’t subtle. Activists often chant, “We’re here, we’re queer, we’re coming for your children.” Parents who wish to protect impressionable young kids from the noxious idea that Billy can become Sally don’t just need to watch their local elementary school—they need to remain on alert at the library… -
opinion
California’s ‘Billionaire Tax’ Could Reach Far Beyond Billionaires
Last week, the Service Employees International Union (SEIU) announced it had gathered more than 1.5 million signatures—nearly double what it needed—to put a sweeping new wealth tax on California’s November ballot. The initiative is called the 2026 Billionaire Tax Act. The name is designed to make you stop reading. Don’t. SEIU has spent months positioning itself as… -
news
Energy Sec Can’t Say When Gasoline Prices Will Drop
THE DAILY CALLER NEWS FOUNDATION—Energy Secretary Chris Wright deflected when asked by “Meet the Press” host Kristen Welker about when gas prices would start to drop. The average price of a gallon of gas in the United States on Sunday was $4.52, according to AAA, up over $1.50 from $2.98 on Feb. 26, days before the start… -
exclusive
Trump Unveils New Plan to Lower Cost of Childcare for Low-Income Americans
FIRST ON THE DAILY SIGNAL—The Trump administration is advancing policies to reduce the burden of childcare costs on low-income families, The Daily Signal has learned. The Administration of Children and Families, a division of the Department of Health and Human Services, will issue a combination of new rules and guidance to states in order to… -
opinion
Virginia May Enact Disastrous Public Sector Collective Bargaining Legislation
A pair of bills sits on Virginia Gov. Abigail Spanberger’s desk that, if enacted, would expand public sector union power at the expense of taxpayers. Late last month, the Virginia House and Senate sent HB1263 and SB378 to the governor for her signature. Both bills would remove longstanding prohibitions on collective bargaining for public sector… -
exclusive
AFP Action Continues Support for Husted
FIRST ON THE DAILY SIGNAL—With U.S. Sen. Jon Husted officially the Republican nominee against former Democrat Sen. Sherrod Brown, Americans for Prosperity Action is ramping up efforts for this special election in Ohio. After endorsing him in March, the group is doing an ad campaign for Husted. With the new $750,000 ad buy, AFPA has… -
news
Lutnick Tells House Panel No Personal or Professional Relationship With Epstein
Commerce Secretary Howard Lutnick told a House panel behind closed doors Wednesday that his interactions with convicted sex offender Jeffrey Epstein, with whom he met three times, were limited to being neighbors, according to a person familiar with the testimony. Lutnick told members of the House Oversight and Government Reform Committee that he met three… -
opinion
Spirit Airlines and the Government’s Antitrust Follies
Ronald Reagan had a saying about how government works: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” His point was that bureaucrats love to “solve” problems, which inevitably creates new problems that they then “solve” again. There are few better examples of this than how… -
news
Georgia Considers Extending Gas Tax Relief
Georgia Lt. Gov. Burt Jones says he is open to extending the state’s temporary suspension of the gas tax as fuel prices remain elevated. “I think the logical thing for us to do when it comes up on May 31 would be for us to extend it,” Jones told NBC41. “Gas prices can fluctuate literally… -
news
Mehek Cooke Warns Ideological Decisions Are Hurting American Consumers
Mehek Cooke, senior national security and legal analyst at The Daily Signal, warned that the shutdown of Spirit Airlines exposes a broader failure by the Biden administration and Democrat leaders to think through the real-world consequences of ideologically driven policy decisions, which she says are now directly hurting American consumers. Appearing on NewsNation over the… -
news
Americans on a Budget Mourn Loss of Low-Cost Spirit Airlines
NEW YORK, May 2 (Reuters) — U.S. travelers lamented news of the shutdown of Spirit Airlines on Saturday, saying that the closure of the ultra-low-cost carrier eliminates one of the few air travel options for low-income and working-class Americans. Spirit abruptly cancelled flights overnight, stranding passengers and staff around the U.S., Caribbean and Latin America,… -
opinion
Zyn Isn’t Sin
Zyns are super popular. They are little pouches people tuck into their lips to get a hit of nicotine. Zyn has competitors, like Velo and On!, but Zyn has most of the market. Young people love the pouches. They are safer than cigarettes. Their nicotine is addictive, but nicotine isn’t what makes tobacco deadly. “[The]… -
opinion
The Myth of the Selfless Public Worker
Many of us grew up in times when our public workers were deservedly revered. This was because they were positive and helpful despite being both overworked and underpaid. Those days are long gone. Today, most public employees seem either apathetic or simply unwilling to help the taxpayers who pay their salaries. To make matters worse,… -
news
Trump Lifts Tariffs on Scotch in Parting Gift to King Charles
President Donald Trump is lifting the 10% tariff on whiskey from Britain, as a parting gift to King Charles at the end of his four-day royal visit to the United States. “The King and Queen got me to do something that nobody else was able to do, without hardly even asking!” Trump declared Thursday on… -
opinion
Work Is Good for You: The Christian Response to Communism and Laziness
Most people live for the weekend. Whether a student waiting for that last Friday bell to ring or a businessman finishing up his last meeting of the week, human beings desire to be freed from work. The most extreme form of this might be the way that many people long for retirement, a time when,… -
news
Trump Administration ‘Ending the Weaponization’ Against Gun Owners in 34 Rules
The Trump administration is proposing almost three dozen new rules to scale back gun regulations that proliferated during the Biden administration. The 34 rules placed in the Federal Register on Wednesday included reversing a 2024 Biden administration rule that attempted to force firearms dealers to run background checks on buyers at gun shows. Gun control… -
news
Farm Bill Clears House as Congress Sides With MAHA
Congress secured major wins for the Make America Healthy Again movement, including striking pesticide liability shields and passing the 2026 Farm Bill. States’ and families’ rights are protected, and pesticide companies can continue to be held liable for poisoning Americans. The Farm Bill passed the House on Thursday by a vote of 224-200. Rep. Anna… -
news
Moreno Demands Answers Over Deadly Truck Crash Involving Illegal Immigrant
Sen. Bernie Moreno, R-Ohio, is looking to do something about deadly truck crashes involving foreigners. This week, Moreno sent a letter to Secretary of Transportation Sean Duffy and Department of Homeland Security Secretary Markwayne Mullin, demanding answers regarding Modou Ngom, an illegal immigrant alleged to be responsible for a deadly incident earlier this month in…