Tracking every rollback, reversal, and overreach — and the path back to the America we know.
President Trump announced tariffs increasing to 25 percent on cars and trucks imported from the European Union, effective the following week. Trump claimed the EU failed to comply with existing trade agreements. The tariffs will increase costs for American consumers purchasing European vehicles and potentially affect the automotive industry.
The Trump administration issued a 90-day extension to the Jones Act waiver, which allows non-American ships to transport goods between U.S. ports. The administration stated that data showed the waiver significantly increased fuel supply reaching American consumers, helping to lower fuel prices.
Kevin Warsh was confirmed by the Senate as the 17th Chair of the Federal Reserve on a 54-45 vote, taking leadership of the central bank during a period of elevated inflation and economic uncertainty. As Fed chair, Warsh will oversee monetary policy affecting interest rates, employment, and inflation that directly impact all Americans' borrowing costs, savings returns, and job market conditions. His confirmation reflects the Trump administration's influence over the nation's monetary policy apparatus and economic direction.
The Senate confirmed Kevin Warsh as chair of the Federal Reserve on a 54-45 vote, with one Democratic senator crossing party lines to support him. Warsh will replace Jerome Powell and hold significant authority over interest rate decisions that directly affect inflation, employment, and borrowing costs for American households and businesses. His appointment marks a shift in monetary policy leadership during Trump's second term.
The Senate voted 51-45 to confirm Kevin Warsh to the Federal Reserve's board of governors and advanced his nomination to chairman, giving him significant control over U.S. monetary policy and interest rates. Warsh, a former Fed official and Trump ally, will have direct influence over economic conditions affecting all Americans through interest rate decisions. His confirmation represents a shift in Fed leadership toward Trump's preferred candidate.
The Trump administration announced a relief plan for travelers affected by Spirit Airlines' shutdown. Transportation Secretary Sean Duffy directed United, Delta, and Southwest to cap ticket prices for Spirit customers rebooking cancelled flights. This provides direct cost relief to stranded passengers during the airline's operational collapse.
Executive Order 14366 restricts proxy advisory firms with foreign ownership or political motivations from influencing U.S. corporate governance. The order requires enhanced disclosure and potential regulatory oversight of proxy advisors serving American investors. The directive aims to limit what the administration views as foreign interference in American corporate decision-making.
President Trump announced the removal of tariffs on Scotch whiskey following a visit from King Charles III and Queen Camilla. The action aims to strengthen trade relationships between Scotland and the Commonwealth of Kentucky on whiskey and bourbon industries. American consumers may see lower prices on imported Scotch whiskey products.
President Trump signed Proclamation 10281 on September 4, 2020, designating the first Monday in September as Labor Day and calling for its observance. The proclamation is a ceremonial declaration without regulatory changes to existing labor law or federal programs. It had no direct operational impact on American workers or labor protections.
On August 24, 2020, President Trump signed Executive Order 13946, directing federal agencies to prioritize locating new federal facilities and developments in Opportunity Zones and other economically distressed communities designated under the Tax Cuts and Jobs Act. The order requires federal agencies to consider Opportunity Zone locations when making decisions about new federal infrastructure projects, real estate acquisitions, and facility consolidations. The confirmed direct impact is that federal agencies altered their site selection processes to weight Opportunity Zone eligibility as a factor in capital planning decisions.