The article discusses how recent comments by Fed officials, particularly Stephen Miran, suggest a potential shift in the Federal Reserve's focus towards actively managing long-term interest rates, beyond its traditional dual mandate of price stability and maximum employment, which could lead to more interventionist policies like quantitative easing or yield curve control.
Despite President-elect Donald Trump's claims of an "unprecedented and powerful mandate," his shrinking lead in the popular vote has sparked debate over whether he truly has the public's endorsement for his agenda. While Trump secured a significant electoral college victory, his popular vote margin is relatively small, leading to skepticism about his mandate. Critics argue that his claims are exaggerated, while supporters highlight his electoral success and GOP control of Congress as a strong position for implementing his policies.
Despite claims from Donald Trump and his allies that his 2024 election victory represents a mandate, polling data suggests otherwise. Surveys indicate that while voters rejected the status quo and have positive memories of Trump's first term, they largely oppose the Republican agenda on key issues such as immigration, tariffs, energy policy, Ukraine aid, abortion, healthcare, gun laws, and transgender rights. The data shows that Trump's win was more about dissatisfaction with current leadership than an endorsement of his policies.
President-elect Donald Trump insists on having a sweeping mandate despite a narrow election victory, as he plans to overhaul government operations by consolidating power in the White House and executive branch. His approach aligns with the Heritage Foundation's Project 2025, and he is prepared to bypass Congress if necessary, facilitated by Republican control.
Walters has mandated that schools show a video inviting students to pray for former President Donald Trump, as part of a new initiative. The video, which must also be sent to parents, criticizes the "radical left" for attacking religious liberty and patriotism in schools. Walters encourages students to pray for leaders and for schools to teach love of country. The legality of this mandate by the State Department of Education is unclear, as the attorney general's office has not commented.
In an interview with NBC News, former President Donald Trump stated that he has a mandate to bring 'common sense' to the country, as he campaigns for a potential second term. The discussion comes amid a tightly contested election landscape, with polls showing close races between Trump and his opponents, including Vice President Kamala Harris. The political climate is marked by razor-thin margins in key battleground states, highlighting the significance of voter turnout and demographic shifts.
US auto safety regulators have taken the first step toward mandating technology in new cars that can detect and prevent drunk or impaired driving. The National Highway Traffic Safety Administration (NHSTA) announced an advanced notice to set potential alcohol-impairment detection technology standards in all new passenger vehicles. This move comes as drunk driving crashes claimed the lives of over 13,000 people in 2021. The technology requirement is part of the Bipartisan Infrastructure Law passed by Congress in 2021. The NHSTA also launched its annual "Drive Sober or Get Pulled Over" enforcement campaign to combat drunk driving during the holiday season.