U.S. Political Developments

President Trump Signs Tax-Reform Bill into Law

12/22/17: President Trump approved today the first major legislation regarding changes to the U.S. tax code since 1986, signing the U.S. Congress’s Tax Cuts and Jobs Act. The $1.5 trillion tax cut lowers the statutory income-tax...

Republicans Confident New Tax Bill Will be Passed by Christmas

12/17/17: Key Republican members of the U.S. Congress said today that they expect the Congress to pass a tax-reform bill during the week ahead and for President Trump to sign the bill by Christmas Eve. Specifically, John Cornyn,...

Senate Passes Tax Reform Bill

12/03/17: The U.S. Senate passed the Republicans’ tax-reform bill today, in a vote of 51-49, on Saturday, December 2. Only one Republican Senator, Bob Corker, who announced on September 26 that he won’t campaign for re-election...

House of Representatives Passes Senate’s Budget Plan

10/26/17: The U.S. House of Representatives passed a budget resolution today that clears the path for the Congress to enact President Trump’s income-tax proposals. The budget proposes an elimination of tax deductions for State...

Republicans’ Healthcare Bills Doomed for Failure

07/06/17: After claiming for more than seven years that the Patient Protection and Affordable Care Act, better known as Obamacare, is an atrocious healthcare law that should be repealed, the Republican-controlled U.S. Senate has...

Senate Delays Vote on Health Care Bill

Mitch McConnell, the Majority Leader of the U.S. Senate, announced today that he decided to delay a vote on Republican members of the Senate’s version of a bill to repeal and replace the so-called Patient Protection and...

President Trump Announces Formal Plans to Renegotiate NAFTA

05/18/17: U.S. Trade Representative Robert Lighthizer notified the U.S. Congress today via a formal letter that President Trump intends to renegotiate the North American Free Trade Agreement (“NAFTA”) with Canada and Mexico. The...

Freedom Caucus Supports Revised Health Care Bill

04/26/17: The conservative House Freedom Caucus decided today that it will support revisions to the Congressional Republicans’ American Health Care Act, saying, “While the revised version still does not fully repeal Obamacare,...

President Trump Signs Executive Order Regarding the Federal Procurement of Goods from Abroad and the Hiring of Non-American Workers

4/18/17: President Trump signed an executive order today directing the chief officials of all federal government agencies to develop and propose policies for their agencies to ensure that Federal financial assistance awards and Federal procurements maximize the use of materials produced in the United States, including manufactured products; components of manufactured products; and materials such as steel, iron, aluminum, and cement.

Congressional Republicans Amend Health Care Bill in an Effort to Reduce Insurance Premiums

04/06/17: The Speaker of the U.S. House of Representatives, Paul Ryan, said today that the Congressional Republicans have made “real progress” on their bill to repeal and replace the Patient Protection and Affordable Care Act (“ACT” or “Obamacare”), citing a proposal that would subsidize the high costs associated with people who have pre-existing medical issues and lower health insurance premiums. Ryan said the Republicans will add the proposal to the American Health Care Act today.

President Trump Signs Executive Order to Address Unfair Foreign Trade Practices

03/31/17: President Trump signed an executive order today directing the U.S. Secretary of Commerce and the United States Trade Representative, in consultation with the Secretaries of State, the Treasury, Defense, Agriculture, and Homeland Security, and the heads of other government agencies, to assess the major causes of the U.S. trade deficit, including (1) tariffs, (2) injurious dumping and government subsidization carried out by foreign governments, and (3) theft of U.S. intellectual property.

President Trump Signs Executive Order to Promote Energy Independence

03/28/17: President Trump signed an executive order today to help to ensure that the United States’ electricity is affordable, safe and clean, and that it can be produced from various resources, including coal, natural gas, nuclear material and other domestic sources.

President Trump Says New Healthcare Bill is Progressing

03/09/17: President Trump tweeted at around 9:00 am U.S. Eastern Time today, “Despite what you hear in the press, healthcare is coming along great. We are talking to many groups and it will end in a beautiful picture!”

Treasury Secretary Says Tax Reform Will Pass by August

02/23/17: U.S. Treasury Secretary Steve Mnuchin said today in an interview with Maria Bartiromo,  “tax reform is our number one objective … we need to make sure that the Middle-Income get a tax cut … we need to make sure that businesses are compatible with the rest of the world … we’re going to try to get this done by August.

President Trump Signs Border Fence Executive Order

01/25/17: President Trump signs executive order to immediately construct a physical wall on the United States’ southern border in an effort to prevent illegal immigration, drug and human trafficking, and acts of terrorism.