Four months after Hurricane Maria devastated Puerto Rico, problems still persist across the island. In his State of the Union address, President Trump said the U.S. stands with the island territory, but do his actions match his words?
Kelly Macias, writer at Daily Kos, joins Cheddar live from Puerto Rico to discuss the state of the island. Macias says police officers are on strike because of back pay issues and more than a third of the island is still without power.
Despite the problems that continue in Puerto Rico, President Trump is asking for $1.5 trillion to fund infrastructure projects across the country. However, that funding doesn't include Puerto Rico revitalization. Macias says there is anger and disappointment throughout the island over the president's focus on mainland infrastructure and lack of attention to the island.
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.
