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Trumps Fed pick advances
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    Business & Economy

    President Trump’s top White House economist is on track to join the Federal Reserve board of governors in time to attend a pivotal meeting next week.

    Key business and economic news with implications this week and beyond:

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    The massive U.S. Immigration and Customs Enforcement (ICE) raid at a Hyundai EV battery manufacturing plant in Georgia last week has likely set the facility’s opening back by several months, Hyundai CEO José Muñoz told reporters Thursday.

    House pushes to conference first batch of 2026 funding bills with Senate

     Full Story

    Upcoming news themes and events we're watching:

    Top House Republicans are eyeing next week to unveil forthcoming plan to prevent a government shutdown on Oct. 1.

    Business and economic news we've flagged from other outlets:

    Dow closes up 600 points, setting record, as August inflation increase likely won't derail Fed rate cut (CNBC) Trump takes one step back and another forward in his attempt to reshape the Fed (The Associated Press) Graphic video of Kirk shooting was everywhere online, showing how media gatekeeper role has changed (ABC News)

    Opinions related to business and economic issues submitted to The Hill:

    Trump can’t just fire whomever he wants Raising the minimum wage actually increases racial disparities

       

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