While it was formed to block Republican leadership from compromising with President Obama on most issues, the conservative House Freedom Caucus is now switching to pursue a new agenda of cutting back regulations under the Trump administration.
The House Freedom Caucus is an informal group of around 40 (there is no set list of membership) of the most ardently conservative members of the House Republican majority. This is the group that unseated former House Speaker John Boehner in 2015, unhappy with his perceived willingness to compromise with President Obama on too many issues. Indeed, its opposition to most of the Obama agenda was the catalyst for its formation and the basis of its power, which proved to be large enough to prevent the R...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
