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Economic News

What Fed Funds Rate Does Trump Want?

Compared to Taylor rule, according the to the Atlanta Fed Taylor rule utility. Figure 1: Fed funds implied by Taylor rule. 3 ppts below current Fed funds rate is 1.33%, marked by x. This graph highlights how much Mr. Trump’s views on monetary policy differs from those still in touch with reality.  

NPR News

Six months in, how Trump has changed the Education Department.

Federal education policy has seen a lot of changes since President Trump’s inauguration. For example, the Department of Education itself, which Trump has vowed to close. But that hasn’t stopped the Trump administration from also wielding the Department’s power. Most recently, by withholding billions of dollars for K-12 schools. The Trump administration has drastically changed the federal government’s role in education. What does that mean for American classrooms? For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org. (Image credit: J. David Ake)

The Hill

Texas lawsuit challenges telehealth abortions, citing Comstock Act

A Texas man is suing a California doctor for allegedly providing his girlfriend with abortion medication.   The lawsuit—a civil complaint filed in the federal court for the Southern District of Texas—accuses a physician named Remy Coeytaux of violating state and federal laws by mailing abortion pills to “murder” the “unborn child” of the plaintiff,…

The Hill

US will skip UN conference on 2-state solution for Israel, Palestine

The U.S. will skip the upcoming United Nations conference aimed at bolstering efforts to reach a two-state solution between Israel and the Palestine slated for next week, according to the State Department.  State Department spokesperson Tommy Pigott said during his Thursday briefing to reporters that he had “nothing further” to add about the summit, scheduled…

The Hill

Bipartisan lawmakers propose making FEMA a Cabinet-level agency

The Federal Emergency Management Agency (FEMA) would be a Cabinet-level agency that reports directly to the president under a new bipartisan bill. The proposal comes as the Trump administration weighs changes at or even abolishing the emergency management agency. The new legislation from Reps. Sam Graves (R-Mo.), Rick Larsen (D-Wash.), Daniel Webster (R-Fla.) and Greg Stanton…

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