Tag Archives: allies

For months, energy analysts have been fretting about what might happen on Dec. 5, when two things were due to occur. First, a European ban on seaborne imports of Russian oil would go into effect. Second, the world’s advanced economies would impose a price cap on Russian oil. December 5 has arrived, and … nothing much has changed. That’s good news for oil purchasers, since markets are not registering any unusual concern about supply disruptions. But business-as-usual in energy markets… Source link

President Biden’s move to cancel student debt was long-expected — but the scope of the effort was not. The expectation of $10,000 in student loan cancellation was widely reported in the lead-up to Wednesday’s news, but the final package included an additional $10,000 in forgiveness for Pell Grant recipients. The administration also laid out a cap on income-based repayments that could be felt for decades to come. “It’s a game-changer,” President Biden said Wednesday in unveiling the… Source link

Donald Trump’s widely expected 2024 campaign — which he could formally announce as early as this year — appears likely to focus on upending Washington’s bureaucracy. The former president and his allies would put thousands of government employees in their sights who are traditionally insulated from politics. On Tuesday, during a summit in Washington, Trump and his top political allies sketched out an economic component of their attacks on bureaucracy, targeting an old GOP villain:… Source link

Rep. Jim Jordan of Ohio. Graeme Jennings-Pool/Getty Images Rep. Jim Jordan appeared to criticize Biden on Monday for attending diplomatic summits in Europe. “While Biden pals around with his buddies in Europe, the border crisis rages at home,” he tweeted. Conservatives have sought to make immigration at the US-Mexico border a rallying cry against Biden. Sign up for the 10 Things in Politics daily newsletter. GOP Rep. Jim Jordan of Ohio on Monday appeared to criticize President Joe Biden for… Source link