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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- News
Senators Urge Admin to Reinstate Abortion Pill Regulations
The Senate committee overseeing health policy debated abortion pill regulation in a hearing on Wednesday, where some Republicans urged the administration to crack down on easy access to the drug mifepristone. Sen. Bill Cassidy, R-La., who chairs the Senate Committee on Health, Labor, Education and Pensions, criticized a policy instituted under former President Joe Biden…George Caldwell -
- News
Congress Erupts Over Fed Chair Investigation
Congress erupted after the Department of Justice announced a criminal investigation into Federal Reserve Chairman Jerome Powell over the $2.5 billion renovation of the Federal Reserve. Part of the investigation involves previous statements made to the Senate Banking Committee in June, in which Powell was accused of misrepresenting facts regarding government spending on the Federal…Pedro Rodriguez -
- News
Bluey and Bannon Reveal How Congress Can Balance the Budget
President of The Daily Signal Rob Bluey called on Republicans in Congress to massively reduce the national deficit, telling host Steve Bannon during a Tuesday appearance on “War Room,” “Think about how much more progress we can make and the economic juice we can give this White House if we were able to also reduce…Bradley Devlin -
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Vance Announces New Plan to Combat Nationwide Welfare Fraud
Vice President JD Vance announced that the Trump administration has created a new assistant attorney general position to crack down on fraud nationwide. The new official will have “nationwide jurisdiction over the issue of fraud,” Vance said at Thursday’s White House press briefing. “Unfortunately, the American people have been defrauded in a very nationwide way,”…Elizabeth Troutman Mitchell -
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House Republicans Navigate Slim Majority, Affordability Concerns at Retreat
House Republicans enter 2026 with the challenge of securing conservative legislative wins despite narrow margins. On Tuesday, House Republicans formulated a plan for the second year of the 119th Congress in a retreat with President Donald Trump in Washington, D.C. The meeting was overshadowed by the death of 65-year-old Rep. Doug LaMalfa, R-Calif. “Congress is…George Caldwell -
- Opinion
HOT Tax Would Let Liberals Pay More, Sparing Everyone Else
Former U.S. Sen. Willard Mitt Romney, R-Utah, is neither the first nor the last billionaire to say that he wants to pay higher taxes, ergo, other Americans should suffer tax hikes, too. Romney recently wrote, “It’s time for rich people like me to pay more.” He advocated higher taxes on—among other things—payrolls, real estate, carried…Deroy Murdock -
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Republicans Erased Record Number of Biden Regulations in 2025. Here Are the Worst Ones.
DAILY CALLER NEWS FOUNDATION—Congressional Republicans capped off 2025 with one notable accomplishment: overturning a record number of regulations enacted under former President Joe Biden. Republicans undid 22 regulations issued in the final months of Biden’s presidency that restrict fossil fuel production, phase out the sale of gas-powered cars and limit access to credit in the…Adam Pack -
- Opinion
SEC to Investigate Role of Alleged Activist Insiders in Corporate Voting
The left-wing environmental, social, and governance movement, which only a few years ago was deeply embedded in corporate America, is now facing an assault on one of its greatest sources of leverage and control—the corporate proxy vote. Proxy voting is the process by which asset managers vote on corporate actions on behalf of the end…Kevin Stocklin -
- Opinion
EJ Antoni on Affordability: ‘Keep Your Foot Down on the Throttle, Mr. President’
The new buzzword today seems to be affordability. Suddenly, the entire media has woken up to the fact that Americans are in a cost-of-living crisis, something that has been true for several years now. Of course, the mainstream media had no interest in discussing the issue when Joe Biden was in office, but now they view it as…EJ Antoni -
- Analysis
This One Issue Is Driving Gen Z to the Right
PHOENIX—All eyes were on Gen Z this weekend as more than 10,000 students gathered at Turning Point USA’s AmericaFest, where speakers and panels discussed the issues motivating Gen Z heading into a pivotal election year. After making impressive inroads with young voters in the 2024 presidential election, the conservative movement is vigorously debating how to address…Virginia Grace McKinnon -
- Opinion
Gas Prices Are the Lowest in Years. So Why Does Filling Up a Tank Break the Bank?
There’s a good chance that if you’re filling up your car today, you’re paying the lowest price in four years. According to December AAA data, the national average gas price is about $2.90 per gallon—marking the first time it has fallen below $3 since 2021. Despite this decline, a Fox News poll found that 54%…Rep. Craig Goldman -
- Opinion
Minnesota Fraud Exposes the Baked-In Flaws of Welfare
The U.S. welfare system is broken, and the Minnesota scandal is a blaring warning to that reality. The failure of political leaders on many fronts bears some of the blame. But the main culprit is the massive federal welfare system that annually passes hundreds of billions of dollars down to states to dole out, with the philosophy that the…Rachel Sheffield -
- News
What the Fed Chair Candidates’ Backgrounds Reveal About If They’ll Cut Interest Rates
President Donald Trump recently told The Wall Street Journal he is favoring selecting either National Economic Council head Kevin Hassett or former Federal Reserve Governor Kevin Warsh for the next chair of the Federal Reserve. Trump has said he expects the next Fed chair to cut interest rates. How have the candidates under consideration approached interest rate cuts in…Elizabeth Troutman Mitchell -
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EXCLUSIVE: How Transportation Secretary Will Help Trump Defund Woke Universities
FIRST ON THE DAILY SIGNAL—Transportation Secretary Sean Duffy is expected to revamp the agency’s university grant program after axing requirements that the schools fund diversity, equity, and inclusion and environmental initiatives, The Daily Signal can first report. Duffy plans to announce $33 million in grants to universities to “unleash American innovation.” This comes after the Department…Elizabeth Troutman Mitchell -
- Opinion
Trump’s Inflation Trap
What can Donald Trump do to stop morphing into Joe Biden? The two presidents could hardly be more different in most ways—but in the one that counts most with voters, Trump is in danger of resembling his predecessor. Americans rejected Biden and the Democrats last year because they were incensed at the lousy state of…Daniel McCarthy -
- Opinion
The Political Meme That Destroyed a Presidency
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. I’ve talked about affordability, this new meme, this new theme that the Democrats are using against…Victor Davis Hanson -
- News
‘I Know What It’s Like’: Vance Shines as Republican Messenger on Affordability
LEHIGH VALLEY, Penn.—When Vice President JD Vance recalled his grandmother’s choice between putting food on their table and paying for her medications, he arose as the Republicans’ secret weapon on affordability messaging. “I know what it’s like for a woman who’s trying to support a grandson but can’t afford her prescription drugs because pharmaceutical companies…Elizabeth Troutman Mitchell -
- Opinion
More Tax on Tips: Blue States Undercutting New Federal Tax Cuts
Filthy, vile, and disgusting. And I would add: reprehensible, repulsive, and rebarbative. These words perfectly describe the latest Democrat scheme to shaft industrious, economically embattled Americans, all so that the Left can get President Donald Trump. There are no depths too low for Democrats to dig to hurt this president. They were at Sub-basement Level 14 and have now jackhammered their…Deroy Murdock -
- News
Exclusive: How Labor Secretary Is Helping Linda McMahon Dismantle the Department of Education
Labor Secretary Lori Chavez-DeRemer said she expects to see success from the Labor Department taking on the responsibilities of the Education Department. The Department of Education and the Labor Department integrated the federal government’s education and workforce portfolio. The change positioned the Labor Department as the headquarters for all federal workforce programs and executed the…Elizabeth Troutman Mitchell -
- Opinion
Big Pharma’s High Prices Are Its Own Decision—and the Government’s Fault
For years, pharmaceutical executives have insisted that drug prices are out of their hands. Government red tape, research costs, and reimbursement rules are all offered as explanations for why Americans pay more at the pharmacy counter than anyone else in the developed world. It’s a tidy narrative. It’s also only half-true—pharma could easily drop its…Mike Feuz