Republicans are celebrating a big policy win on tax reform. They hope to use the momentum they've picked up to replicate their victory in the new year, but can President Trump squeak out another win as the GOP advantage in the Senate shrinks?
Peter Van Voorhis, Reporter at Red Alert Politics, believes they can and they will. Voorhis says that, as Americans begin to get their paychecks in the next few months and see the money they are saving, they will rally behind Republicans and the GOP's policy agenda.
Now that tax reform is law, the big question on everyone's mind is what policy change will President Trump push for next. Could it be immigration or even a return to health care? Voorhis lays out the pros and cons of each option.
U.S. Treasury Secretary Janet Yellen said former President Trump's policies toward China have left the nation "more vulnerable" and more isolated in the global economy.
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The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.