- The Survivors: These Trump officials have weathered controversies from the start – and are still here
By Alex Pappas | Fox News
Meet the Trump administration survivors.
People like Kellyanne Conway, Stephen Miller and Betsy DeVos joined President Trump’s team at the beginning. They’ve occasionally — or ...
- After Impeachment, Pelosi Will Lose House Majority: Trump
By Zachary Stieber
House Speaker Nancy Pelosi (D-Calif.) will lose the majority in the House of Representatives, President Donald Trump said on Dec. 23 following ...
- Ken Starr Says Impeachment Is Attempt to Overthrow Trump, Criticizes Pelosi for Withholding Articles
By Zachary Stieber
Ken Starr, the independent counsel who probed President Bill Clinton, said that the impeachment of President Donald Trump is an attempt to ...
- Second Amendment Sanctuary Movement Rises in Wake of More Gun Laws
By Breitbart News
BUCKINGHAM, Va. (AP) — A standing-room only crowd of more than 400 packed the meeting room, filled the lobby and spilled into ...
- Tim Scott: Trump’s Ukraine call not ‘perfect’ but also not impeachable
By Sam Dorman | Fox News
Sen. Tim Scott, R-S.C., said on Saturday that while President Trump’s call with Ukraine wasn’t “perfect,” it also wasn’t impeachable.
“It was not in my opinion a ...
- Former House Speaker: Democrats Have ‘No Leverage’ by Holding Impeachment Articles
By Jack Phillips
Former Speaker of the House Newt Gingrich said the temporary hold on two articles of impeachment against President Donald Trump is “foolish” ...
- Trump Campaign Launches ‘Democrats for Trump’ Coalition, Aimed at Disaffected Democrats
By Isabel van Brugen
President Donald Trump’s reelection campaign on Dec. 19 launched the “Democrats for Trump” coalition, on the same day Rep. Jeff Van ...
- Trump Campaign Official: $10 Million Raised in 48 Hours After Impeachment Vote
By Jack Phillips
The communications director for President Donald Trump’s reelection campaign said it raised $10 million in 48 hours after the impeachment vote in ...
- Trump Says White House Counsel Cipollone Will Likely Play Lead Role in Impeachment Trial
By Zachary Stieber
White House counsel Pat Cipollone will likely play a leading role in the Senate impeachment trial, President Donald Trump said.
The House voted ...
- Markets Shrug Off Impeachment of President Trump: ‘It’s a Non-Event’
By Tom Ozimek
Stock markets in Europe and the United States shrugged off the Dec. 18 vote by the U.S. House of Representatives to impeach ...
- Trump Accepts Pelosi’s Invitation to Deliver State of the Union Next Year
By Jack Phillips
Two days after House Democrats voted to approve articles of impeachment, Speaker Nancy Pelosi (D-Calif.) on Friday invited President Donald Trump to ...
- Ken Starr: House Dems have committed a ‘fraud on the high court of impeachment’
By Julia Musto | Fox News
House Speaker Nancy Pelosi’s impeachment inquiry was “a fraud on the high court of impeachment,” former Whitewater Independent Counsel Ken Starr said Friday.
Appearing on “The Ingraham Angle” with host ...
![Strong labor data and positive expectations about the incoming Trump administration pushed the U.S. dollar to a two-year high on Thursday. The U.S. dollar iIndex hit a high of 109.53 on Jan. 2, the first trading day of the year, and the highest since November 2022. The jump came as data released on Thursday by the U.S. Department of Labor showed that initial jobless claims hit an eight-month low, suggesting a robust labor market, which is a positive sign for the overall economy. The dollar index was trading slightly lower on Friday at 108.96 as of 08:30 a.m. EST. The dollar index increase is also supported by investor confidence in the upcoming Trump administration, which assumes power this month. According to a recent survey by consulting company Teneo, “global CEOs and investors are optimistic about the economic impact of a second Trump administration, outweighing concerns about tariffs, geopolitical tensions, and trade barriers.” Story continues below advertisement In fact, “50 percent of global CEOs are accelerating activities in areas such as domestic and international investment and hiring based on the outcome of the 2024 U.S. election,” it said. While the dollar strengthened, the euro and sterling declined on Thursday. The euro fell to its lowest level in more than two years while the sterling declined to its lowest in eight months. A Dec. 17 report from JP Morgan predicts the U.S. dollar to reach even new highs over the coming months. Related Stories How Major US Stock Indexes Fared Jan. 2 1/2/2025 How Major US Stock Indexes Fared Jan. 2 Americans Have Hopes Trump Will Deliver on Immigration, Economy, Safety: Gallup 1/2/2025 Americans Have Hopes Trump Will Deliver on Immigration, Economy, Safety: Gallup “November’s election outcome has given way to lower global growth expectations, wider growth gaps between the U.S. and the rest of the world, and higher terminal federal funds rate forecasts for 2025—the perfect trifecta of bullish U.S. dollar cyclical impulse,” said Meera Chandan, co-head of Global FX Strategy at the company. “These are early first-order reactions that may give way to deeper rethinks once the full set of Trump administration policies are known next year [2025], but for now, they constitute a solid economic rationale for carrying a long U.S. dollar stance into the first quarter of 2025.” JP Morgan sees the euro’s outlook as bearish, noting the eurozone is especially vulnerable to trade conflicts. And while sterling was the best-performing currency against the dollar last year, such an outperformance is not expected this year, it said. US Economy Performance in 2025 With President-elect Donald Trump set to take power in less than three weeks, there are mixed views about how things could shape up for the American economy. According to a Dec. 9 post by Morgan Stanley, markets are “bullish on Trump’s second term, hoping for tax cuts and better growth.” “We expect no net stimulus and a decent size hit from tariffs and immigration. This should be bullish for bonds as the Fed continues cutting, but could be a disappointment for frothy stocks,” it said. Regarding tariffs, the most likely outcome is a 20 percent hike on Chinese imports and on vehicles from Mexico and the European Union, Morgan Stanley said. Story continues below advertisement It predicts the U.S. Federal Reserve to continue cutting interest rates to a range of 3 percent 3.5 percent by the end of 2025. S&P Global is forecasting the U.S. economy to grow by 2 percent in 2025 and 2026, following an estimated growth of 2.7 percent last year. The company sees inflation to likely remain above the 2 percent level for “longer than we previously thought.” Goldman Sachs predicts the U.S. economy to “beat expectations” this year. “The U.S. economy is in a good place,” said David Mericle, an economist with the company. “Recession fears have diminished, inflation is trending back toward 2 percent, and the labor market has rebalanced but remains strong.” While Trump’s policy changes are likely to be “significant,” Mericle does not see these actions changing the trajectory of the economy substantially. Goldman foresees the Fed reducing interest rates to a range of 3.25–3.50 percent, with the U.S. GDP predicted to grow by 2.5 percent. There have been three consecutive quarters of economic growth in the first nine months of 2024—1.6 percent in the first quarter, 3 percent in the second, and 3.1 percent in the third.](https://www.usnn.news/wp-content/uploads/2025/01/US-Dollar-Index-Hits-Highest-Level-in-2-Years-Euro-Falls-jpg.webp "US Dollar Index Hits Highest Level in 2 Years, Euro Falls 5")
