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Congressman Panetta Introduces BAD DEAL Act to Counter Trump Tariffs on Canadian Goods

Congressman Panetta Introduces BAD DEAL Act to Counter Trump Tariffs on Canadian Goods

Democratic Congressman Jimmy Panetta, alongside several colleagues, has introduced the BAD DEAL Act in response to the White House's decision to impose $20 billion in tariffs on Canadian goods. The proposed legislation aims to repeal a section of a 96-year-old bill that the Trump Administration utilized to unilaterally levy these tariffs. Furthermore, the BAD DEAL Act seeks to refund all duties that have been paid under this authority to date. Congressman Panetta emphasized that these tariffs are causing significant economic damage to American citizens, small businesses, and the broader U.S. economy, effectively acting as taxes imposed on consumers. The latest tariffs took effect recently, prompting Canada to implement its own retaliatory levies.

The rich got richer in 2025. The poorest households? Not so much

The rich got richer in 2025. The poorest households? Not so much

New data shows median household income rose 2.6% in 2025, income at the top rose 1.7%, while earnings at the bottom stayed flat.

Auto industry urges Trump to keep Chinese automakers out ahead of Xi meeting

Auto industry urges Trump to keep Chinese automakers out ahead of Xi meeting

By David Shepardson WASHINGTON, Sept 18 (Reuters) - Major automakers, suppliers and dealers on Friday urged President Donald Trump to keep Chinese automakers out of the US market, ahead of his meeting with China's President Xi Jinping next week.

Analysis-Russia sanctions bill gives Trump sweeping new tariff powers

Analysis-Russia sanctions bill gives Trump sweeping new tariff powers

By Andrea Shalal WASHINGTON, Sept 18 (Reuters) - The Russia sanctions bill passed by Congress this week gives US President Donald Trump new powers to impose tariffs that could last well beyond his presidency, injecting more uncertainty into the global economy after nearly two years of trade wars.

Congresswoman Pressley Renews Call for Federal Job Guarantee Amidst Rising Unemployment Under President Trump

Congresswoman Pressley Renews Call for Federal Job Guarantee Amidst Rising Unemployment Under President Trump

Congresswoman Ayanna Pressley (MA-07) has reintroduced a resolution advocating for a federal job guarantee, citing rising unemployment rates under President Trump, particularly impacting Black women. The resolution aims to ensure every individual has access to a quality job with dignified wages, safe working conditions, healthcare, and union protections. This initiative seeks to establish a new standard for employment, compelling low-wage employers to improve compensation and benefits. The proposal is designed to create stable employment pathways and address significant income and wealth disparities affecting Black, Latinx, and Indigenous workers, who frequently face discrimination in the labor market. It also aims to promote economic inclusion for marginalized groups, including people with disabilities, transgender individuals, caregivers, and those with criminal records. The resolution builds upon the legacy of civil rights leaders and seeks to achieve full employment and a more resilient and inclusive e...

UAW President Shawn Fain Criticizes President Trump's Openness to Chinese Auto Manufacturing in U.S.

UAW President Shawn Fain Criticizes President Trump's Openness to Chinese Auto Manufacturing in U.S.

United Auto Workers (UAW) President Shawn Fain has strongly criticized President Trump's recent comments indicating openness to Chinese companies establishing car manufacturing plants in the United States. Speaking at a UAW conference in Lansing on September 15, Fain stated that President Trump's remarks were 'a slap in the face to American workers.' President Trump, in an interview with Fox News host Laura Ingraham, had initially dismissed rumors about allowing Chinese cars into the U.S. as 'phony' but then added, 'If China wanted to come in and open a plant to build their cars here, I'd be OK with it. Japan does it. But they hire our people.' He clarified that his concern was about Chinese companies building plants in Mexico and shipping vehicles into the U.S., not about direct investment in American manufacturing.

Student Loan Borrowers Face Repayment Plan Changes Amid Legal Battles and SAVE Plan Elimination

Student Loan Borrowers Face Repayment Plan Changes Amid Legal Battles and SAVE Plan Elimination

As of September 16, 2026, millions of student loan borrowers are navigating significant changes to their repayment plans following the elimination of the Saving on a Valuable Education (SAVE) plan by the Trump administration. The SAVE plan, initially introduced by the Biden administration, aimed to provide more affordable payment options and easier pathways to loan forgiveness. However, a lengthy legal battle initiated by Republican-led states led to its termination. Borrowers now have until September 29 to select a new repayment plan to avoid being automatically enrolled in plans with potentially higher monthly costs. An ongoing lawsuit seeks to block this forced transfer of SAVE borrowers to new plans, but a judicial ruling is still pending. The Department of Education has advised borrowers to promptly choose a 'lawful' repayment option, despite reports of glitches, incorrect billing statements, and delinquency notices experienced by some borrowers during this transition period.

Motion Picture Association Study Projects $250 Billion Economic Boost from Federal Film Tax Credit

Motion Picture Association Study Projects $250 Billion Economic Boost from Federal Film Tax Credit

Motion Picture Association Study Projects $250 Billion Economic Boost from Federal Film Tax Credit

Rep. Maxine Waters Challenges Treasury Secretary Bessent on AI Safeguards During House Committee Hearing

Rep. Maxine Waters Challenges Treasury Secretary Bessent on AI Safeguards During House Committee Hearing

During a House Financial Services Committee hearing, Representative Maxine Waters (D-Calif.) engaged in a heated exchange with Treasury Secretary Scott Bessent regarding the Trump administration's approach to artificial intelligence (AI) policy. Waters expressed significant concerns about the rapid development of AI and the perceived lack of regulatory safeguards, citing warnings from industry leaders such as Anthropic CEO Dario Amodei and Microsoft co-founder Bill Gates. She emphasized the potential risks associated with unchecked AI advancement and the necessity for caution and regulation. Secretary Bessent, however, dismissed these concerns, suggesting that AI developers have the autonomy to halt progress if they deem it necessary. The discussion highlighted a clear divergence in perspectives between the legislative and executive branches concerning the oversight and future direction of AI development in the U.S. The hearing itself was reportedly disrupted by protesters, underscoring the intense atmosph...

Vice President JD Vance Urges High Voter Turnout in 2026 Midterms to Preserve Trump Administration's Agenda

Vice President JD Vance Urges High Voter Turnout in 2026 Midterms to Preserve Trump Administration's Agenda

Vice President JD Vance has called for a significant voter turnout in the 2026 midterm elections, emphasizing that the Trump administration's agenda is at stake. Speaking aboard Air Force Two, Vance expressed concern that voters within President Trump's coalition have not consistently participated in off-year elections to the extent needed to maintain Republican control of Congress. He highlighted the importance of motivating these voters to ensure the continuation of the current administration's policies and to prevent what he referred to as 'crazies' from gaining office. President Trump himself has encouraged voters to 'pretend' he is on the ballot to boost engagement. The Republican Party is currently facing typical challenges for a party in power, with generic congressional ballots showing Democrats with an advantage. Vance and other strategists believe that increasing voter turnout by even a few percentage points in contested elections could secure Republican majorities in both the House and Senate.

Morning Bid: A time to hike?

Morning Bid: A time to hike?

By Anna Szymanski Sept 16 (Reuters) - An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision.

House Rules Committee Debates Bill Granting President Trump Broad Tariff Authority Amid Sanctions Concerns

House Rules Committee Debates Bill Granting President Trump Broad Tariff Authority Amid Sanctions Concerns

The U.S. House Rules Committee is currently debating the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 (H.R.10076). Representative Gregory W. Meeks, Ranking Member of the House Foreign Affairs Committee, has voiced strong opposition to the bill, arguing that it is deeply flawed. According to Meeks, while the bill is ostensibly about imposing new sanctions on Russia, its primary effect would be to grant President Trump sweeping new tariff authorities. Meeks stated that the bill was drafted by White House lawyers to maximize the President's power to impose import taxes on Americans and minimize any obligation to actually sanction Russia. He highlighted that the President already possesses the authority to impose the sanctions outlined in the bill but has chosen not to use them for the past 19 months. Meeks also expressed concern that Section 113 of the bill would allow the President to impose tariffs of up to 100 percent on goods from major purchasers of Russian oil and gas and 'top oil sanctions...