Donald Trump’s second administration is starting where his first ended – with distortions and convoluted logic. Perhaps most notable is his ludicrous proposal for an "External Revenue Service," which, contrary to the president’s claims, would collect tariff revenues from domestic importers, not from foreign producers.
points out that the new “External Revenue Service” would target domestic importers, not foreign producers.
The US Federal Reserve’s leadership constantly stresses the importance of “data dependence.” Yet, in order to appease Donald Trump, the Fed has decided to ignore a huge – and rapidly growing – pile of data showing that climate risks pose a grave threat to economic and financial stability.
observes that political pressure is already undermining independent, data-driven decision-making.