Sign In
Free Newsletter
Banking and finance experts optimistic but cautious regarding new administration’s impact
The banking and finance industry could see gains under the incoming federal administration, those in the field say, with President-elect Donald Trump‘s proposed plans of a lower-interest-rate environment coupled with lighter regulatory oversight on the horizon. They also note, however, that many proposals may never come to fruition or take some time before their impacts […]
Health care sector gears up for second Trump administration
Following Donald Trump‘s 2024 election win to secure a second term in office, sectors such as health care are gauging what his victory will mean for their industry over the next four years — and beyond. As with a number of topics on the campaign trail, such as immigration, the economy, national security, and more, […]
‘Drill, baby, drill’ mantra ignites optimism for energy industry
Between a sour economy, stubborn inflation, mayhem at the border, war around the world, and countless other political issues in this election cycle, there was little time to outline platforms in detail. So when it came to energy policy, President-elect Donald Trump would simply say “drill, baby, drill” and rally crowds would go wild. It’s […]
MADE IN THE USA: What Trump presidency could mean for manufacturing
When a new presidential administration is elected, the future becomes a guessing game. In the four years following Donald Trump‘s ascendancy to the presidency on Jan. 20, businesses and consumers will be forced to adjust to new policies affecting supply chain and distribution channels, which could create opportunities and challenges for the U.S. economy. For […]
Farm Bill, industry growth among agricultural leaders’ priorities in 2025
Anticipating President-elect Trump‘s impact on agriculture in his first 100 days of office, industry experts say they are concerned about the fate of the Farm Bill and how the agriculture industry will sustain itself amid rising production costs, labor shortages, and soaring land costs. In advance of the election, the American Farm Bureau Federation (AFBF), […]
If Trump cuts federal workforce, Warner predicts ‘disaster’ for Va.
U.S. Sen. Mark Warner said Thursday he hopes President-elect Donald Trump won’t pursue massive cuts and relocations in the federal workforce — because if he does, it would be a “disaster for Virginia’s economy,” particularly in Northern Virginia and Hampton Roads. “We would get hit worse than any other state,” Virginia’s senior senator said. Warner, [&he[...]
What a difference a debate makes
Less than three months ago, President Joe Biden — you remember him, right? — stepped down from his bid for a second term and threw his support behind Democratic nominee Vice President Kamala Harris, radically redefining this fall’s presidential race. Just before that happened, we were beginning to write this month’s cover story about the […]
High stakes
The 2024 presidential race between Democratic Vice President Kamala Harris and Republican former President Donald Trump carries hefty consequences for Virginia’s economy that will be even more pronounced than in previous elections. Presidents are limited by the constraints of Congress — particularly if either chamber is held by the opposing party — and the clunkiness […]
2022 Political Roundtable: Red wave? Maybe a puddle
On balance, Democrats came out winners in the 2022 midterm elections, having staved off a widely forecast “red wave” of Republican victories, according to panelists at Virginia Business’ annual Political Roundtable, held Nov. 9 in Richmond. The idea of a red wave or “red tsunami” was “perhaps … a bit of a myth … largely […]
Va. Senate rejects former EPA chief for Cabinet
The Virginia Senate voted Tuesday to reject Gov. Glenn Youngkin’s appointment for state secretary of natural and historic resources, former Environmental Protection Agency Administrator Andrew Wheeler. Youngkin spokesperson Macaulay Porter said in a statement, “It’s clear Mr. Wheeler is extraordinarily qualified to be secretary of natural and historic resources and admirably served f[...]
Va. Senate committee rejects former EPA chief for Cabinet
The Virginia Senate Privileges and Elections Committee voted 9-6 Tuesday against confirming former Environmental Protection Agency Administrator Andrew Wheeler, Gov. Glenn Youngkin’s appointment for state secretary of natural and historic resources. The vote does not eliminate Wheeler’s chances of confirmation. Youngkin spokesperson Macaulay Porter said in a statement, “Andrew Wh[...]
Chase sues Senate over censure, claims civil rights violation
A week after being censured by the state Senate, Sen. Amanda Chase, R-Chesterfield County, is suing the legislative body and its clerk for violating Chase’s civil rights, including her First Amendment right to freedom of speech, she announced Monday. Virginia Beach attorney Tim Anderson said Monday he has filed a lawsuit on behalf of Chase […]
