President Trump is fulfilling a promise he made shortly after his election to reduce federal regulations. In practice, the policy potentially requires months of study and public input for each regulation eliminated.
With the shutdown of Rexnord Corp.'s local bearings plant just months away, union officials are planning a rally next week to highlight the workers' plight. Meanwhile, employees have received approval for federal job relocation aid.
In his inaugural speech, the new president described closed factories as "tombstones" that dot the country and said the federal government has spent billions defending "other nations' borders while refusing to defend our own."
President-elect Donald Trump continues to own or control some 500 companies that make up the Trump Organization, creating a tangle of potential conflicts of interest without precedent in modern U.S. history.
Former Indiana Sen. Dan Coats, in line to be national intelligence director, has swung back and forth between government service and lobbying, the type of Washington career that President-elect Donald Trump has mocked.
President-elect Donald Trump is expected to pick Sullivan & Cromwell partner Jay Clayton to run the Securities and Exchange Commission, positioning a top lawyer to banks and hedge funds to lead Wall Street’s main regulator.