Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market starting to soften, the central bank opted to go big, lowering interest rates by half a percentage point and signaling further cuts to come. Rather than a …
Health Secretary Robert F. Kennedy Jr. announced a plan that would require placebo-controlled studies for all new vaccines, surprising some experts who noted that such testing already routinely takes place. In a statement, Andrew Nixon, a spokesman for the Department of Health and Human Services, said that “all new vaccines …
Last month, Paolo Ardoino, the chief executive of the cryptocurrency company Tether, joined business executives and U.S. lawmakers for a private lunch at the Willard, a luxury hotel near the White House. For years, Tether had faced accusations that it lied about its finances and allowed crime to flourish on …
President Trump signed an executive order on Tuesday outlining a series of actions intended to lower drug prices, including helping states import drugs from Canada. The policies were more modest than proposals to reduce drug prices that Mr. Trump offered in his first term. And one of his new directives …
At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing homes to have more medical staff on duty. At the Mine Safety and Health Administration, powerful lobbying groups have asked the administration to eliminate a rule to protect miners from …
President Trump this week directed 10 federal agencies — including the Environmental Protection Agency, the Energy Department and the Nuclear Regulatory Commission — to implement a novel procedure to scrap a wide array of longstanding energy and environmental regulations. He told agencies that oversee everything from gas pipelines to power …
It was a bad week for Ben Coryell, who runs a wilderness guiding company in Golden, Colo. He got several calls from customers who wanted to cancel their climbing courses and mountaineering expeditions over the summer, often citing second thoughts about big purchases as the Trump administration has thrown the …
Health Secretary Robert F. Kennedy Jr. announced wide-ranging cutbacks at federal health agencies, including the Food and Drug Administration, that would eliminate duplicative services and paper pushers. But in interviews with more than a dozen current and former F.D.A. staff members, a different picture emerged of the far-reaching effects of …
PBS is practicing answers with lawyers. NPR executives are preparing to monitor the fallout. Members of Congress are promoting the star witnesses — the leaders of the two public media networks — as if they were combatants in a prizefight. They’re all getting ready for a hearing on Wednesday — …
When the biotech company Humacyte designed a study to see if its lab-grown blood vessel worked, it decided to measure whether blood was flowing freely through the high-tech tube 30 days after it was implanted in a person. As those days passed, some of the 54 patients in the study …