Congressman Adriano Espaillat represents the 13th district of New York. He recently secured a $500 million grant to benefit his constituents by providing public services and stimulating economic growth. Nearly one million dollars will go towards funding the "Upward Bound" program, which gives training to young people to help them achieve big goals, like attending some of the best universities in the country.
Representative Espaillat is the first Dominican American to serve in Congress. At age nine, he immigrated to America with his family. The congressman has a strong connection to DACA recipients who have lost their protection against deportation under the Trump administration. He urges members on both sides to vote in support of The DREAM Act to give young immigrants a chance at the American Dream. Congressman Espaillat believes Republicans hold the future of young people "hostage." He also says President Trump's decision to remove temporary protection status for 200,000 Salvadorans does not surprise him but is still "unamerican and very sad."
As both parties inch towards the midterm elections this November, Espaillat is confident Democrats will mobilize and win back the House of Representatives.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
