President Donald Trump Archives - Rethinking the Dollar

Why did Trump lift sanctions on companies of top Russian oligarch caught up in Mueller probe?

Apr 3, 2023 | News

Article first appeared on Salon.com (here) President Donald Trump’s administration announced plans to lift sanctions against businesses associated with Oleg V. Deripaska, a wealthy Russian widely considered to be one of the nation’s most powerful...

Mnuchin Open to Looser Bank Liquidity For Banking Buddies – RTD Live Talk

Oct 29, 2019 | News

U.S. Treasury Secretary Steven Mnuchin is open to loosening financial crisis-era regulations that have stiffened liquidity rules for big banks to relieve possible cash crunches in short-term funding markets. Mnuchin said in an interview Tuesday that he had spoken to...

China’s Central Bank Won’t Let Yuan Weaken Past 7 To The Dollar

May 17, 2019 | Uncategorized

China’s central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the central bank’s thinking said. “At present, rest assured they will...

Tariffs Might Cost U.S. Citizens An Extra $500 A Year

May 16, 2019 | Uncategorized

President Donald Trump, having championed one of the larger tax cuts in recent years, has now enacted tariffs equivalent to one of the largest tax increases in decades. As a result the tariff increase might cost the median U.S. household with earnings of $61,000 about...

The US Federal Debt Soars To $22 Trillion… Why Isn’t Anyone Mad?

Feb 20, 2019 | News

Article originally appeared on Yahoo Finance (HERE) Washington (AFP) – More massive than the US economy, the national debt hit a new record of $22 trillion under President Donald Trump but Republicans who traditionally rail against debt and deficits have...