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Trump White House says tariffs will be enacted Feb. 1
The Trump administration says it will impose tariffs on Canada, Mexico and China beginning Saturday, Feb. 1. “The president will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada and a 10% tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country, which has killed […]
UVA Health, VCU Health halt gender-affirming treatments for minors
UVA Health and VCU Health systems have suspended all gender-affirming treatments for patients under 19 years old, after receiving a written opinion Thursday from Virginia Attorney General Jason Miyares. In a memo from Miyares titled “Protecting Children from Chemical and Surgical Mutilation,” the Republican attorney general referred to President Donald Trump’s executive order iss[...]
Out and About: February 2025 edition
1. and 2. President Donald Trump, right, and first lady Melania Trump watched fireworks at Trump National Golf Club Washington, D.C. in Sterling on Jan. 18, ahead of the 60th Presidential Inauguration. (Photos by Matt Rourke/Associated Press and Alex Brandon/Associated Press) 3. L to R: Heng Yong and Chenxi Lu, attorneys at Williams Mullen; Tinh […]
Trump-led DEI crackdown may leave glass ceilings intact
In the “Mad Men” era of the 1960s and 1970s, when my mother was climbing the corporate ladder at C&P Telephone, she was frequently the only woman at out-of-state national technical trainings for managers. And from her recollection, if the men in the classes weren’t hitting on her, many were resentful or threatened by her […]
White House decisions weigh heavily on Va., Hampton Roads economies, experts say
While federal workers ponder taking a buyout offer from President Donald Trump and a now-rescinded federal funding freeze memo caused confusion and worry over the status of major economic development projects in Virginia, economists at Old Dominion University say uncertainty in Washington, D.C., is the major factor affecting the state’s and Hampton Roads’ economic futures […]
Kaine, Warner respond to Trump White House rescinding spending freeze memo
The White House budget office on Wednesday rescinded a controversial memo issued Monday that froze spending on more than $3 trillion in federal financial assistance, including grants and loans backing economic development and infrastructure projects across the nation. In the two-sentence memo issued Wednesday, Matthew J. Vaeth, acting director of the Office of Management and […]
Trump’s pause on $3T in federal funding could impact Va.
Update, 7:30 p.m. A federal judge temporarily blocked President Donald Trump’s freeze on federal spending until at least Feb. 3, but the White House did not immediately respond to the judicial order. On Monday, Trump ordered a freeze on more than $3 trillion in federal financial assistance, including grants and loans backing economic development and […]
The First 100 Days: What to Expect
In anticipation of a new president taking office, BridgeTower Media spoke with experts across several industries — agriculture, banking and finance, energy, health care and manufacturing — to explore how the incoming Trump administration might affect those industries. The stories in this feature provide expert insights into what organizations can expect as a new administration […]
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 […]
