The try-to-take-and-run maneuvers made by two northern-state senators against U.S. cotton producers continue to generate barbed but on-the-mark responses from other key lawmakers.
Despite a downbeat first quarter of 2017, “most” Fed members indicated that if economic results unfolded as they expect, it would “soon” be appropriate to take another step to tighten monetary policy.
If Congress and lobby groups have taught us anything in over 40 years of watching them, it is that most never want to reduce spending taxpayers’ money; in fact, they usually want increases.
USDA Secretary Sonny Perdue appeared Wednesday before the House Agriculture Committee to discuss the state of the rural economy. Panel members asked him about several farm and trade policy issues.
Former Federal Reserve Chairman Ben Bernanke said he is “puzzled” by markets ignoring political risks, with market focus on such events heightening at “the last minute.” It’s tick-tock time.
Mandatory budget cuts including agriculture subsidies are likely to be proposed this week via President Donald Trump’s Fiscal Year 2018 budget proposals and, more importantly, by the House Budget Committee.
