In the first debate for the presidency of the United States, President Donald Trump and former Vice President Joe Biden swapped verbal punches over American manufacturing jobs.
"They said it would take a miracle to bring back manufacturing,” Trump said last night. “I brought back 700,000 jobs. They brought back nothing. They gave up on manufacturing." However, Biden claimed "manufacturing went into a hole" before the coronavirus pandemic.
Rep. Mike Gallagher (R-Wis.) says the manufacturing slowdown is actually a matter of finding qualified workers. Manufacturing companies would say, according to the congressman, “We would be building a new facility, we’d be doing more but we just can’t find enough workers.”
Of last night’s debate, Gallagher called it “more just an all-out verbal brawl.”
“I’m not sure it changed anybody’s minds,” the congressman told Cheddar. “It probably forced a lot of people to change the channel.”
Still Rep. Gallagher stressed the importance of presidential debates. He said they allow for important policy disagreements to be discussed openly, like policing in America. “I think there’s a meaningful disagreement between both candidates on the issue of law and order, how we can support our police,” Gallagher told Cheddar.
Gallagher serves his state’s 8th district, an area in northeast Wisconsin which includes Green Bay. It’s just north of Kenosha, which has recently been at the center of the conversation over systematic racism in America’s police force. In August, police shot Jacob Blake, an unarmed Black man, seven times in front of his children in broad daylight. The state saw widespread protests in the wake of his shooting.
Gallagher said he believes there are dangers to the “demonization” of police officers after incidents like Blake’s. “Our cops are not all evil racists that wake up every day trying to hurt people because of the color of their skin,” the congressman said. “They want to keep the community safe and we've got to keep those relationships healthy.”
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.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
A new report finds the Department of Government Efficiency’s remaking of the federal workforce has battered the Washington job market and put more households in the metropolitan area in financial distress.
A new poll finds U.S. adults are more likely than they were a year ago to think immigrants in the country legally benefit the economy. That comes as President Donald Trump's administration imposes new restrictions targeting legal pathways into the country. The Associated Press-NORC Center for Public Affairs Research survey finds Americans are more likely than they were in March 2024 to say it’s a “major benefit” that people who come to the U.S. legally contribute to the economy and help American companies get the expertise of skilled workers. At the same time, perceptions of illegal immigration haven’t shifted meaningfully. Americans still see fewer benefits from people who come to the U.S. illegally.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
