Economy

Economy

Why Trump’s rollback of Obama rules won’t do much for coal country

President Donald Trump campaigned on putting coal miners back to work, and on Tuesday, he delivered a promised rollback of Obama administration regulations considered detrimental to the industry. However, Trump’s actions will bring minimal benefit to the coal-producing regions that helped him win the White House, according to the government’s own projections.

Economy

American Airlines CEO not worried about Trump travel ban’s effect on business

American Airlines chairman and CEO Doug Parker says he has few worries about President Donld Trump’s efforts to suspend immigration from seven majority-Muslim countries. His predecessor, Bob Crandall, expresses hope that the Trump administration will support a plan to privatize air traffic control, moving oversight away from the Federal Aviation Administration to a private nonprofit with congressional oversight.

Economy

Trump’s Interior pick could signal revival of Northwest coal export terminal

Donald Trump’s selection of Montana Rep. Ryan Zinke to lead the Interior Department could signal the revival of a much-debated coal-export terminal in Northwest Washington state that’s pitted industry groups and unions against environmental and community groups, and two Indian tribes against each other. In Congress, Zinke has been a staunch supporter of the Gateway Pacific Terminal, a $600 million facility in Whatcom County, Washington, that would export about 48 million tons a year of coal mined in western states to Pacific Rim markets.

Economy

Candidate Trump said he ‘digs coal.’ His key Cabinet appointments favor natural gas

To be sure, Trump’s choices of Oklahoma Attorney General Scott Pruitt to be EPA administrator, ExxonMobil CEO Rex Tillerson to be secretary of state, and former Texas Gov. Rick Perry to be energy secretary could boost fossil fuels generally. But all three have been big promoters of the production of natural gas through hydraulic fracturing, and the resulting abundance of cheap natural gas has displaced a large volume of coal in the nation’s power sector.

Economy

Trump’s intensifying tone on Cuba could impact Texas business interests

President-elect Donald Trump heightened his criticism of Cuba after Fidel Castro’s death, tweeting that he is willing to “terminate” recently negotiated trade relations with the United States and Cuba. That could be bad news for Texas agricultural and business interests, as trade with Cuba represents an untapped and potentially lucrative market.

Videos

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Trump: Kneeling during national anthem 'disgraceful' 1:23

Trump: Kneeling during national anthem 'disgraceful'

'We are working. Not the government; we are.' Puerto Rico cleans up after Hurricane Maria 1:31

'We are working. Not the government; we are.' Puerto Rico cleans up after Hurricane Maria

NY Gov. Cuomo tours the aftermath of Hurricane Maria in Puerto Rico 1:27

NY Gov. Cuomo tours the aftermath of Hurricane Maria in Puerto Rico

Huckabee Sanders: It's always appropriate for Trump to defend our flag, national anthem 1:04

Huckabee Sanders: It's always appropriate for Trump to defend our flag, national anthem

Ryan on NFL protests: We shouldn't do it on the anthem 0:17

Ryan on NFL protests: We shouldn't do it on the anthem

More NFL players sit, take a knee following Trump criticism 1:44

More NFL players sit, take a knee following Trump criticism

Trump announces executive order that targets those financing and trading with North Korea 3:46

Trump announces executive order that targets those financing and trading with North Korea

Schumer: Democratic leaders and Trump have 'reached an understanding' on protections for Dreamers 1:40

Schumer: Democratic leaders and Trump have 'reached an understanding' on protections for Dreamers

Trump to United Nations: 'Rocket Man is on a suicide mission' 3:10

Trump to United Nations: 'Rocket Man is on a suicide mission'

Trump: 'We're working on a plan for DACA' 0:31

Trump: "We're working on a plan for DACA"

With not enough support, Graham-Cassidy health care bill vote scrapped

Senate Republicans were unable to garner enough support for their latest health care bill, titled Graham-Cassidy, and postponed the vote. Co-author of the bill Sen. Bill Cassidy noted that he’s “disappointed” during a press conference on Sept. 26.
C-SPAN
With not enough support, Graham-Cassidy health care bill vote scrapped 1:58

With not enough support, Graham-Cassidy health care bill vote scrapped

Trump: Kneeling during national anthem 'disgraceful' 1:23

Trump: Kneeling during national anthem 'disgraceful'

Ryan on NFL protests: We shouldn't do it on the anthem 0:17

Ryan on NFL protests: We shouldn't do it on the anthem

Protesters disrupt GOP health care hearing 2:19

Protesters disrupt GOP health care hearing