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| June 26, 2017

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Administration Archives -

Trump administration delays student loan forgiveness program. How to tell if you still qualify

June 24, 2017 |

New rules set to expand federal student loan forgiveness for borrowers who believe that they were defrauded by their schools have been put on hold until further notice, according to the Department of Education.

The program was designed to ease the burden for students at schools that violated certain…


L.A. Times – Business

Trump administration refuses to let Exxon Mobil drill for oil in Russia

April 22, 2017 |

The Trump administration has denied a request from Exxon Mobil Corp. to waive U.S. sanctions against Russia to allow the company to resume oil drilling around the Black Sea.

Treasury Secretary Steven T. Mnuchin said Friday in a brief statement that the administration “will not be issuing waivers…


L.A. Times – Business

Trump Administration Won’t Waive Sanctions for Oil Project Exxon Planned in Russia

April 22, 2017 |

President Trump has rejected a bid by oil company Exxon Mobil to resume a Black Sea venture with Rosneft, a sanctioned Russian firm close to the Kremlin.
WSJ.com: US Business

Trump Administration Says Exxon Can’t Drill in Russia

April 21, 2017 |

The US government won’t be granting Exxon Mobil a waiver from Russian sanctions, Politico reports. It had been reported this week that the oil and gas company was seeking a waiver to allow it to drill in the Black Sea. The refusal of that waiver came Friday in the form…
Newser

Trump administration launches national security investigation into steel imports

April 20, 2017 |

The Trump administration directed the Commerce Department on Thursday to expedite an investigation into whether the way other countries sell steel compromises U.S. national security.

In a briefing Thursday morning, Commerce Secretary Wilbur Ross said the review would consider how much steel the…


L.A. Times – Business

Trump administration reverses course on nerve-agent pesticide

March 30, 2017 |

The U.S. Environmental Protection Agency on Wednesday reversed an Obama administration recommendation to ban a pesticide linked to nervous system damage in children.

Newly installed EPA administrator Scott Pruitt signed an order that would allow farmers to continue using chlorpyrifos, which is…


L.A. Times – Business

Trump Administration Planning Big Budget Cuts for NOAA

March 5, 2017 |

The Trump administration looks likely to do serious damage to the country’s ability to research climate change and deal with its effects in favor of “rebuilding the military.” The Washington Post got its hands on an administration memo detailing a 17% budget cut to the National Oceanic and Atmospheric Administration….
Newser

Trump administration wants tax reform done by August, Mnuchin says

February 23, 2017 |

The Trump administration wants to overhaul the tax code by August, Treasury Secretary Steven Mnuchin said Thursday, laying out an aggressive timetable in his first significant public comments since taking office last week. 

“Our economic agenda, the No. 1 issue is growth, and the first most important…


L.A. Times – Business