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Joseph Zeballos-Roig

Joseph Zeballos-Roig

New Republic

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The Fed winds down a program that kept tabs on banks' crypto activities

The central bank created the unit to monitor crypto and fintech activities after Silicon Valley Bank's abrupt implosion

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Joseph Zeballos-Roig

The IRS is sharing taxpayer data with ICE as Trump accelerates deportations

The U.S. government acknowledged in federal court for the first time that the Internal Revenue Service is sharing taxpayer data with Immigration and...

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Joseph Zeballos-Roig

Trump's deal to take a cut of Nvidia's chip sales in China could open national security 'up for bidding'

The arrangement raised worries about a U.S. AI chip firm seemingly buying access into China with national security taking a backseat.

13.08.2025 9

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Joseph Zeballos-Roig

Treasury Secretary Scott Bessent pressures Fed for interest rate cuts, joining Trump's central bank crusade

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment growth

13.08.2025 30

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Joseph Zeballos-Roig

Trump threatens Fed's Powell with lawsuit, stepping up his attacks

The president's latest barrage against Federal Reserve Chair Jerome Powell included legal threats over a renovation of the Fed's headquarters

12.08.2025 2

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Joseph Zeballos-Roig

Trump keeps the door open to extending pause on Chinese tariffs past Aug. 12

China and the U.S. are still attempting to negotiate a broad trade agreement that would avert triple-digit tariffs on each other

11.08.2025 3

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Joseph Zeballos-Roig

Trump exempts gold from U.S. tariffs

Surging demand for gold has helped magnify the trade deficit between the U.S. and Switzerland

11.08.2025 2

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Joseph Zeballos-Roig

Intel CEO to visit White House after Trump pressed for his removal

CEO Lip-Bu Tan may highlight the ways Intel could partner with the U.S. government, according to a WSJ report

11.08.2025 10

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Joseph Zeballos-Roig

Combat by commerce: Trump's forever war in trade

Trump has displayed a willingness to tear up trade deals he's negotiated, opening the possibility of never-ending trade hostilities

09.08.2025 9

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Joseph Zeballos-Roig

Intel's top executive digs in after Trump demands his ouster

In a publicly-posted note to Intel employees on Friday, Tan said there has been "a lot of misinformation" regarding his past roles

08.08.2025 2

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Joseph Zeballos-Roig

OpenAI launches GPT-5 with 'PhD-level' intelligence and aggressive pricing

The launch represents the company's biggest upgrade since ChatGPT debuted in November 2022 and now serves 700 million weekly users

08.08.2025 3

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Joseph Zeballos-Roig

Trump appoints a fellow critic of Fed's Jay Powell to key seat at the central bank

If confirmed by the Senate, Stephen Moran's appointment will give Trump an ally on the Fed board tasked with setting borrowing rates in the U.S.

08.08.2025 1

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Joseph Zeballos-Roig

Trump demands Intel CEO resign, calling him 'conflicted'

GOP Sen. Tom Cotton of Arkansas sent a letter to Intel’s board of directors describing Tan's connections to the Chinese government

07.08.2025 6

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Joseph Zeballos-Roig

Trump says he will put 100% tariffs on computer chips — with a big carve-out for companies like Apple

Trump made the announcement on the same day Apple said it was investing an extra $100 billion in the U.S.

07.08.2025 10

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Joseph Zeballos-Roig

Trump doubles tariffs on India to 50%, stacking more import taxes on a big U.S. trading partner

India did not rule out imposing retaliatory tariffs in response to Trump's anger over its continued purchases of Russian oil.

06.08.2025 2

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Joseph Zeballos-Roig

'Divorce is not an option': A prominent GOP lawmaker on the U.S., Mexico, and Trump's tariffs

Republican Rep. Don Bacon of Nebraska is part of a small but potent free-trade wing of the GOP almost extinguished by Trump

06.08.2025 5

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Joseph Zeballos-Roig

Trump takes Scott Bessent off his short-list to replace Jerome Powell as the next Fed chair

The president also said he would soon roll out new tariffs on pharmaceuticals and semiconductor chips

05.08.2025 3

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Joseph Zeballos-Roig

Trump is poised to put more big stamps on the economy this week

Trump said he will announce a new statistician and Fed governor in the coming days. His tariffs are also set to kick in

04.08.2025 10

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Joseph Zeballos-Roig

Trump fires chief of labor statistics agency, sparking some GOP criticism

Trump’s BLS purge drew swift rebukes from economists and elevated concerns of political interference with data that angers the president

02.08.2025 10

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Joseph Zeballos-Roig

Trump unveils new tariffs on almost 70 countries, seeking to upend global trade again

The fusillade of tariffs will be applied to countries spanning the globe from the United Kingdom to Laos, with a minimum 15% import tax

01.08.2025 2

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Joseph Zeballos-Roig

Key GOP senators want Trump's chief attack dog to back off Jerome Powell

FHFA Director Bill Pulte has helped orchestrate a fiery campaign against Powell and demanded the Fed chair resign. The moves are drawing GOP scrutiny

31.07.2025 2

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Joseph Zeballos-Roig

Trump's brief truce with Fed Chair Jerome Powell ends with renewed attacks over interest rates

Trump’s renewed volley of personal insults signal he appears prepared to keep up his intense pressure campaign against Powell

31.07.2025 6

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Joseph Zeballos-Roig

Scott Bessent called Trump accounts for newborns 'a backdoor for privatizing Social Security'

The Treasury Secretary made the comments during a podcast taping on Wednesday

30.07.2025 30

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Joseph Zeballos-Roig

Scott Bessent tells countries 'not to panic' if they don't meet Trump's trade deadline

The treasury secretary's remarks came hours after Trump held firm on his Aug. 1 deadline for trade partners to reach new deals with the U.S.

30.07.2025 7

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Joseph Zeballos-Roig

Trump threatens a 25% tariff on India and digs in on Aug. 1 deadline for new deals

The president said he was moving to impose the steep tariff on an ally that had stopped treating the U.S. like an equal partner

30.07.2025 9

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Joseph Zeballos-Roig

The U.S. and China close in on renewing trade truce as another Trump deadline nears

The Stockholm talks were the second round of discussions between the U.S. and Chinese governments aimed at salvaging trade relations

29.07.2025 2

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Joseph Zeballos-Roig

Republicans defended Jerome Powell during Trump's first term. That firewall is weakening

A small but growing contingent of Republican lawmakers are comfortable in demanding Powell’s ouster as Federal Reserve chair

25.07.2025 2

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Joseph Zeballos-Roig

Trump is visiting the Fed himself today as he turns up the pressure on Jerome Powell

Trump will be the third president to visit the Fed in an official capacity, a rare occurrence that illustrates the institution’s usual insulation...

24.07.2025 1

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Joseph Zeballos-Roig

Turkey took control of its central bank like Trump wants to. It was a disaster

Turkey's experience in degrading and eventually taking over its central bank is one that holds lessons for Trump as he assails Fed Chair Jerome Powell

24.07.2025 2

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Joseph Zeballos-Roig

Trump's trade deal with Japan includes a $550 billion fund that he will oversee

Trump officials filled in the blanks on the Japanese investment pot, resembling sovereign wealth funds like the ones Norway and Saudi Arabia have

23.07.2025 2

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Joseph Zeballos-Roig

Trump says the U.S. has reached a trade deal with Japan that leaves 15% tariffs locked in

The agreement, if confirmed, signals a broader protectionist shift in policy that’s establishing the highest U.S. tariffs in a century

23.07.2025 3

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Joseph Zeballos-Roig

White House aides schedule visit to Federal Reserve renovation site in escalating campaign against Powell

Trump also mulled a new tax break to provide relief on housing prices, though it was unclear how it would be structured

22.07.2025 5

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Joseph Zeballos-Roig

Treasury Secretary Scott Bessent opens the door to extending deadline for U.S.-China trade deal

In a new interview, Bessent said he'll be meeting with Chinese officials next week to discuss a trade agreement

22.07.2025 50

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Joseph Zeballos-Roig

Scott Bessent says he wants a probe into 'the entire Federal Reserve institution'

The Trump administration shows no signs of de-escalating its crusade against the Fed for holding interest rates steady

21.07.2025 2

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Joseph Zeballos-Roig

Trump denies that Scott Bessent talked him out of firing Jerome Powell

Trump has expressed fury at the Federal Reserve for not cutting interest rates. A new report says his Treasury Secretary persuaded him not to fire...

21.07.2025 3

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Joseph Zeballos-Roig

Trump eyes up to 20% tariff on all E.U. imports for trade deal

The White House is pushing at least 15% to 20% tariff on all European Union imports, according to a new report

18.07.2025 3

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Joseph Zeballos-Roig

Jerome Powell defends the Fed's renovation project as Trump allies raise the stakes

The Federal Reserve chair sent a letter to the White House meant to counter a litany of attacks on the central bank's costly renovation project

18.07.2025 3

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Joseph Zeballos-Roig

Key GOP senator warns of bond-market backlash if Trump fires Powell

Concerns have flared among Republicans that Trump could set off a bond-market meltdown if he tries installing an acolyte before Powell's term ends

17.07.2025 1

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Joseph Zeballos-Roig

Trump's search for the next Federal Reserve chair has kicked off

Trump praised Scott Bessent as an option to replace Jerome Powell, but said the Treasury Secretary isn't at the top of the list

16.07.2025 4

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Joseph Zeballos-Roig

Trump privately signals he'll fire Fed Chair Jerome Powell — but backs off in public

Trump suggested to a group of GOP lawmakers that he will fire the Fed chair. But he later signaled he would let Powell finish his term

16.07.2025 3

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Joseph Zeballos-Roig

Trump says the U.S. will impose 19% tariffs on Indonesia in a new trade deal

Indonesia is among the top 25 U.S. trading partners, and U.S. trade with the country totaled $38.3 billion last year

16.07.2025 2

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Joseph Zeballos-Roig

Trump throws the sugar industry a fresh lifeline with new restriction on imports

The USDA says that U.S. sugar growers lost 15% of the market to imports in the past two decades

15.07.2025 1

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Joseph Zeballos-Roig

A new tax on Mexican tomatoes just kicked in — and Americans might feel it soon

A little-noticed import tax on tomatoes from Mexico kicked in on Monday, and experts say shoppers will likely see higher prices

15.07.2025 10

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Joseph Zeballos-Roig

Trump says he'll slap 100% tariffs on Russia if Putin doesn't make a Ukraine peace deal soon

It's a sign that Trump may be inching closer to penalizing Russian President Vladimir Putin after grousing he feels strung along

14.07.2025 2

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Joseph Zeballos-Roig

A Fed renovation project is the latest front in Trump's fight against Jerome Powell

Fed Chair Jerome Powell has requested a review of the project by the central bank's inspector general as Trump and his allies look for a cause to fire...

14.07.2025 1

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Joseph Zeballos-Roig

Trump threatens Mexico and the European Union with 30% tariff, blowing up trade talks

Trump's tariff threats are prompting countries to disentangle themselves from the U.S. and buy and sell more elsewhere

12.07.2025 10

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Joseph Zeballos-Roig

Trump threatens a 35% tariff on Canada — and a blanket import tax on everyone else

It was the latest missive in a week full of tariff saber-rattling. Stocks fell on the latest trade tensions

11.07.2025 5

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Joseph Zeballos-Roig

Trump issues another round of tariff threats to six countries

Libya, Iraq, the Philippines and Algeria are among the countries targeted in Trump's latest tariff threats

09.07.2025 4

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Joseph Zeballos-Roig

Trump's tariffs could cost American households around $2,300, analysis says

The Yale Budget Lab analysis calculated the impact of tariffs on consumers, as well as on the current tariffs levied on Vietnam, China, and others

08.07.2025 3

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Joseph Zeballos-Roig

Trump says he'll impose 50% tariff on copper and hints at supersized rate on pharmaceuticals

Trump suggested that pharmaceutical manufacturers will have up to 18 months to build a new U.S. supply chain and avert a tariff that could total 200%

08.07.2025 2

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Joseph Zeballos-Roig