Sign In
Free Newsletter
Trump calls on the Federal Reserve board to take full control of the central bank from Powell
Trump calls Fed Chair Powell “stubborn” and urges the Fed board to take control and slash interest rates amid a slowing U.S. economy and rising inflation.
US employers slash hiring as Trump advances a punishing trade agenda
U.S. job growth slows as Trump’s tariffs shake business confidence. Unemployment ticks up, job revisions drop sharply, and markets react.
Embattled GMU president survives board meeting with pay raise
George Mason University President Gregory Washington was not ousted at a board of visitors meeting but instead was given a raise.
Report: DOGE responsible for nearly 290k job cuts
A Thursday report revealed that United States-based employers have cut more jobs so far this year than in all of 2024.
Virginia firm to build $200M White House ballroom co-funded by Trump
The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to the people's mansion — with McLean's Clark Construction leading the building team.
VCU to end gender-affirming youth medical care
VCU Health announced this week that it would stop providing all gender-affirming care at Children's Hospital of Richmond at VCU for patients under age 19 three months from now.
Trump administration cancels plans to develop new offshore wind projects
The Trump administration is canceling plans to use large areas of federal waters for new offshore wind development, the latest step to suppress the industry in the United States. More than 3.5 million acres had been designated wind energy areas, the offshore locations deemed most suitable for wind energy development. The Bureau of Ocean […]
Reimagining regulations
Banks and credit unions in Virginia are celebrating some early victories as President Donald Trump‘s new administration has begun rolling back regulations and reconsidering the future of finance. “Under the new administration, there is a relook at a number of these policies that were objected to by the industry,” explains Atlantic Union Bankshares CEO John […]
Fredericksburg weighs impact of federal job cuts
Northern Virginia politicians, all Democrats, started sounding the alarm immediately about federal job cuts and slashing of federal agencies’ budgets at the start of the second Trump administration in January. And there have been significant impacts in Fairfax and Arlington counties, as well as Alexandria, where the U.S. Department of Housing and Urban Development is […]
Trump coal policy changes could boost Southwest Virginia
Southwest Virginia officials say President Donald Trump‘s executive orders aimed at revitalizing the United States’ struggling coal industry will be a boon to the region. This spring, Trump signed the “Unleashing American Energy” series of executive orders, which lifted barriers to coal mining on federal lands, allowed some coal-fired facilities scheduled for retirement to continue[...]
Top Five: August 2025
The top five most-read daily news stories on VirginiaBusiness.com from June 10 through July 10 included news of University of Virginia President Jim Ryan’s resignation amid federal pressure over university DEI policies. 1 | Buc-ee’s opens first Virginia location in Mount Crawford Some fans camped out overnight and some drove from as far away as […]
Congressional committee demands GMU president testify
George Mason University President Gregory Washington has now been called to testify before the GOP-controlled House Judiciary Committee.
