Politics & Government

Kudlow Tapped as Economic Adviser

Trump on Wednesday announced his pick of Larry Kudlow to replace outgoing National Economic Council Director Gary Cohn, who quit after failing to convince Trump not to implement tariffs on steel and aluminum. Kudlow, 70, is an economic analyst and newspaper columnist who previously hosted The Kudlow Report on CNBC. Like Trump, Kudlow was once a Democrat. Kudlow worked as ...

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Trump’s Economic Adviser Resigns – Stocks Drop on the News

Top Economic Adviser Gary Cohn has decided to resign after failing to convince Trump not to implement high tariffs on steel and aluminum. “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform,” said Cohn. “I am grateful to the president for giving ...

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Trump Admin Considers Erasing Student Loan Debt in Bankruptcy

In December, it was reported by the Wall Street Journal that 4.6 million Americans are behind on their federal student loan payments. The total student debt is now at $1.4 trillion, which is more than double it was a decade ago. With that in mind, the Trump Administration announced this week that it is considering changing a current federal law ...

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The Regulator-in-chief vs. The Deregulator-in-chief

The first official economic report to Congress by the current White House lay the blame for a lackluster economic recovery at the feet of the previous administration. And it is clear that the approaches of both are very different. Obama tried to regulate the economy out of a recession while Trump is seeking to deregulate the economy into growth. One ...

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Searching for Answers in the Wake of the Latest School Shooting

I struggled with my decision on whether to write this article or not. Bull Market Rodeo features commentaries on politics, policy, the economy and investing. I tend to keep my commentaries focused on the market and the economy. But the latest school shooting has occupied my mind for the last few days and I felt the need to express my ...

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President Trump Unveils $4.4 Trillion Spending Plan

President Trump on Monday unveiled a $4.4 trillion spending plan for 2019 that includes funding for the border wall and $1.5 trillion for infrastructure. The budget is focused on “prioritizing the efficient use of taxpayer resources,” said Secretary of State Rex Tillerson. Trump’s proposed budget includes steep cuts to foreign aid, health assistance, the Department of Housing and Urban Development, the ...

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Shortest Shutdown in History

Senator Rand Paul of Kentucky, expressing grave concerns about the federal deficit, filibustered a continuing resolution bill intended to keep the government open. “We have a 700-page bill that no one has read that was printed at midnight. No one will read this bill, nothing will be reformed, the waste will continue and government will keep taking your money irresponsibly ...

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Trump State of the Union Address – Content and Commentary

President Trump gave his State of the Union Address tonight before a packed house in Congressional chambers.  This was a speech that all Americans could follow and relate to. It is perhaps President Trump’s most “presidential” speech ever, no controversial statements, nothing that could offend. It was peppered with personal stories that lifted the emotional content of the speech very ...

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Make-or-Break NAFTA Talks Begin in Montreal

Mexican and Canadian officials met in Montreal this weekend to discuss proposals aimed to convince the United States to stay in the North American Free Trade Agreement (NAFTA). Chief negotiators will arrive Tuesday to begin the sixth round of talks, which are scheduled to end on January 29th. Proposals will start with agriculture, energy, and Trump’s demand to increase American-made ...

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