Economy and TradingPolicy

Fed Governor Warns Tariff Focus Risks Central Bank’s Political Neutrality

Federal Reserve Governor Stephen Miran has raised concerns about policymakers’ selective focus on tariff impacts, warning it could politicize the institution. He advocates for an “all-or-nothing” approach to discussing administration policies to maintain the Fed’s independence. The comments come amid ongoing debates about economic policy effects on inflation and growth.

Fed Official Urges Comprehensive Policy Commentary Approach

Federal Reserve Governor Stephen Miran has issued a pointed critique of his colleagues’ selective focus on tariff impacts, warning that such targeted commentary risks politicizing the central bank and undermining its crucial independence, according to reports from Reuters.

GovernmentPolicy

Senator Demands Investigation Into Airport Video Blaming Democrats for Government Shutdown

A senior Democratic senator has requested an investigation into a Trump administration video airing at airports that blames Democrats for the government shutdown. The video featuring Homeland Security Secretary Kristi Noem has been pulled by multiple major airports due to its partisan content.

Senator Calls for Investigation Into Partisan Airport Video

A senior Democratic senator has called for an investigation into a Trump administration video airing at some U.S. airports that blames Democratic lawmakers for the ongoing government shutdown and its impact on aviation operations, according to reports from Reuters.

BusinessInternational Business and Trade

Apple’s Tim Cook Pledges Increased China Investment Amid US-China Trade Tensions

Apple CEO Tim Cook has pledged to increase investment in China during meetings with Chinese officials in Beijing. The commitment comes as Apple balances manufacturing diversification with maintaining access to China’s massive consumer market amid ongoing US-China trade tensions.

Apple CEO Reaffirms China Commitment Amid Trade War

Apple CEO Tim Cook has reportedly made significant investment pledges to Chinese officials during his second visit to China this year, according to reports from the Ministry of Industry and Information Technology. The commitment comes as Apple Inc. navigates complex trade relations between Washington and Beijing.

EducationPolicy

Trump Administration Cuts College Prep Program Staff Despite Republican Support, Sources Reveal

The Trump administration has eliminated nearly all staff overseeing federal college preparation programs serving 900,000 low-income students. Republican senators who defended these programs were not consulted about the cuts, sources reveal.

In a significant move during the ongoing government shutdown, the Trump administration has terminated almost all 60 staff members overseeing federal college-preparation programs for low-income students, according to sources familiar with the situation. The cuts target TRIO programs that serve approximately 900,000 students across all 50 states, despite Republican Party lawmakers having defended these very services earlier this year.

Administration Implements Sweeping Education Cuts