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Trump’s promised steel and aluminum tariffs go into effect
U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s set to hammer businesses from automakers to home builders, and likely to increase prices for consumers.
Trump 2.0: Making real estate great again?
Let Trump be Trump. A campaign staffer’s now-famous motto during President Donald Trump‘s 2016 bid for president nods to the mercurial nature of the real estate mogul and former reality television star — as well as a similar slogan from “The West Wing.” And Trump himself has repeatedly said he trusts his gut over his […]
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While federal workers ponder taking a buyout offer from President Donald Trump and a now-rescinded federal funding freeze memo caused confusion and worry over the status of major economic development projects in Virginia, economists at Old Dominion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The White House budget office on Wednesday rescinded a controversial memo issued Monday that froze spending on more than $3 trillion in federal financial assistance, including grants and loans backing economic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 […]
Fairfax’s econ dev leader honored by White House
Fairfax County Economic Development President and CEO Victor Hoskins has a new accolade to add to his list of achievements. Hoskins, who has served in his role in Fairfax County since 2019, received a lifetime achievement award from the White House, the county EDA said Thursday. The award honors Hoskins for his “lifelong commitment to […]
White House taps Va. HBCU presidents for advisory board
The presidents of Virginia State University and Norfolk State University are on the list of intended appointees to the President‘s Board of Advisors on Historically Black Colleges and Universities, the Biden administration announced on March 31. Virginia State University President Makola M. Abdullah, Norfolk State University President Javaune Adams-Gaston and Janeen Uzzell, CEO of the [&hell[...]
