Economy

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  • opinion

    First US Rare Earth Minerals Mine in 70 Years Will Lessen Dependence on China

    Last week on the Senate floor, I hailed the opening in Sheridan, Wyoming, of the Brook Mine—the first rare earth elements mine to break ground in the U.S. in 70 years. Secretary of Energy Chris Wright recently joined me in Sheridan for its opening and deemed it a “landmark moment” for America’s energy independence. Here’s…
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  • opinion

    State AG Charges Shareholder Vote Advisors With Pushing ‘Radical Left-Wing Agenda’ on US Companies

    Missouri Attorney General Andrew Bailey filed lawsuits last week against Glass Lewis and Institutional Shareholder Services, two shareholder voting advisory firms that together hold a virtual duopoly in that market. These firms advise institutional shareholders—typically asset and pension managers—how they should vote on corporate issues. These fund managers are in turn voting as proxies on behalf…
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  • opinion

    Trump Will Fight Back Against the Big Bank Woke Agenda

    President Donald Trump’s election victory was a wake-up call for many reasons.   From the madness at the southern border to out-of-control inflation, Americans made it abundantly clear they were ready for a stop to the country’s downward spiral. Now the president is planning to do the same to the banking industry, restoring sanity to…
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  • news

    Freedom Caucus Prevails on Measure to Block Central Bank Digital Currency

    After slowing down the Republican leadership’s attempt to advance a bundle of cryptocurrency market reform bills, the conservative House Freedom Caucus and its allies appear to have secured a promise to prohibit the Federal Reserve from issuing a digital U.S. dollar. Caucus members contend that’s a victory for Americans’ freedoms. The deal allowed for House…
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  • opinion

    Trump Cryptocurrency Innovation Could Bring Homeownership to Millions

    With sky-high interest rates and rising building costs, the American dream of home ownership is slipping further away for millions of Americans. However, an innovative new policy from the Trump administration could bring that dream back to reality for many, especially young people.  Last month, Bill Pulte, director of the Trump Federal Housing Finance Agency,…
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  • news

    Ohio Democrats Have Their Narrative: Blame Trump for Inflation

    Even with the recent inflation numbers just released for June, one can’t forget the outrageous levels experienced during the Biden administration. Nevertheless, Ohio Democrats have found their narrative: blaming President Donald Trump for inflation, specifically when it comes to tariffs. This narrative was visible whether coming from the most vulnerable Ohio Democrat, Rep. Marcy Kaptur…
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  • opinion

    What’s at Stake in Rescissions Package?

    It required two tiebreaking votes from Vice President JD Vance, but the $9.4 billion rescissions package moved a step closer to passage in the Senate.  With a Friday deadline to deliver the rescissions to President Donald Trump, the Senate advanced the spending cuts Tuesday following procedural votes. Three Republican senators—Mitch McConnell of Kentucky, Lisa Murkowski…
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  • opinion

    Trump Economy Defies Doomsday Predictions

    Many so-called experts predicted that President Donald Trump’s economic agenda would usher in an inflationary Armageddon. This projection was so often repeated in the media that many Americans, especially Democrats, believed a depression was imminent. Yet the economy is thoroughly beating expectations and consumers’ expectations are becoming increasingly optimistic. Upon taking office again, Trump reiterated the economic policy…
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  • opinion

    Labor Unions Kill Jobs

    Progressives love unions. Not only do unions protect workers, they say, unions gave us the weekend and the middle class. I say, capitalism created the middle class. Employers, competing for better workers, gave us the weekend. But whatever you think about capitalism, few people question the claim that unions help workers. But I will. It’s…
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  • opinion

    A Course Correction on Antitrust Policy

    The Department of Justice under President Donald Trump recently took a long-overdue step toward restoring sanity to U.S. antitrust policy. Right before Independence Day, the DOJ backed away from an overreaching and misguided challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks. This reversal undoes the damage done by an interim antitrust official who signed the department…
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  • news

    Cryptocurrency Legislation Gains Momentum in Hill Negotiations

    Crypto is taking over Capitol Hill. President Donald Trump has repeatedly underlined a friendly regulatory regime for cryptocurrency as a legislative priority, and his administration’s preferred deadline for Congress to act is fast approaching. Early on in Trump’s second term, the administration set the August recess as a deadline for Congress to standardize regulations for…
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  • news

    Economist Skeptical of California’s Modest Energy Policy Reforms

    California public officials’ attempts to address the state’s cost of living crisis are not going to provide much relief, a Golden State economist warns. California Energy Commission Vice Chairman Siva Gunda recently outlined a proposal to temporarily remove a cap on profits of oil refineries that had taken effect under Gov. Gavin Newsom, a Democrat,…
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  • news

    Trump Trade Team Extends Deadline on Tariff Deals

    As President Donald Trump’s trade team works to sign new trade deals with foreign countries, the White House is giving trading partners an extended deadline to sign deals before being hit with the heavy tariffs the president introduced in April. The administration had previously set a deadline of June 9 for nations to come to…
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  • news

    House Speaker Reveals One Big Beautiful Bill Act is First of Three Reconciliation Bills

    While the One Big Beautiful Bill Act passed after a lengthy and tense period, there will be even more reconciliation bills to follow in the coming months, said House Speaker Mike Johnson on Fox News Sunday today.  “We have been planning a second reconciliation bill for the fall that would be attached to the next…
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  • news

    Why States Warn Continued UN Funding Hurts Farmers

    Eleven state agriculture commissioners called on the Trump administration and Congress to yank funding from United Nations programs that they say are hurting American farmers.  “The federal government should stop using American taxpayer dollars to fund the United Nations International Maritime Organization, the Food and Agriculture Organization of the United Nations, and the United Nations…
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  • news

    88% of Seniors Won’t Pay Taxes on Social Security If One Big, Beautiful Bill Passes, Analysis Finds

    More than 51 million seniors would pay no taxes on Social Security income under the proposed “One Big, Beautiful Bill,” according to a new report Tuesday by the White House Council of Economic Advisers.   The legislation includes the largest tax break in American history for seniors, according to the report, which means that “88% of…
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  • opinion

    What Would Trump’s Reindustrialized America Look Like?

    On the campaign trail, President Donald Trump repeatedly promised to restore America’s manufacturing base. But what exactly is his vision of a reindustrialized America? “I’m proclaiming that by the end of my term, the entire world will be talking about the ‘Michigan miracle’ and the stunning rebirth of Detroit,” Trump said at a campaign rally…
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  • news

    Entrepreneurs Push to Cut Waste From ‘Big, Beautiful Bill’ With Pork Sandwich Giveaway

    A group of millennial entrepreneurs from across the country tried to draw attention to the debt-increasing aspects of the “One Big, Beautiful Bill” currently making its way through Congress by giving away free pork sandwiches on Thursday. The slogan for the event was: “Tell Congress to lead—and leave the pork to us.” William Glass, policy…
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  • news

    Ranchers, Angel Parents, Flight Attendants Urge Senate to Pass ‘Big, Beautiful, Bill’

    The Trump administration will highlight everyday Americans on Thursday in an effort to urge Senate Republicans to pass the “One Big, Beautiful Bill.” President Donald Trump will deliver remarks in the East Room of the White House to an audience of Congress members and regular citizens like truck drivers, firefighters, law enforcement, angel parents, health…
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  • opinion

    Wages Rising for Blue-Collar Workers

    In his fight to elevate life for the Forgotten Americans, President Donald Trump has already shattered another record in his second term in support of blue-collar Americans. During Trump’s first five months of his second term, real wages for hourly workers saw their largest increase under any administration in nearly 60 years.  Blue-collar U.S. workers…
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