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Damian Paletta

Damian Paletta

Economics Editor at The Washington Post

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Location
United States
Covering topics
  • Society
  • Politics
Languages
  • English
Influence score
55
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Damian Paletta
washingtonpost.com

What is inflation? An animated guide to understanding rising costs. - The Washington Post

Inflation is at its highest level in decades. We explain why prices are rising so quickly and how the Federal Reserve faces a tricky decision as it begins to raise interest rates.
washingtonpost.com

Inside the extraordinary effort to save Trump from covid-19 - The W...

An excerpt from the book ‘Nightmare Scenario’ details how Trump’s illness was far more severe than the White House acknowledged. Advisers thought it would alter his pandemic response. They were wrong.
washingtonpost.com

Federal government has dramatically expanded exposure to risky mort...

In a new recession, the mortgages could cost taxpayers billions.
washingtonpost.com

Trump says Japan trade deal reached, but Abe warns more work remains

Agriculture will be a key element, Trump said. It was unclear whether any auto tariffs were in play.
washingtonpost.com

Trump’s wild week of tax ideas continues with new promise if GOP sw...

The president said in a tweet that he would pass a “major” middle-class tax cut, the latest in a string of varying tax pledges that he has made in the past week.
washingtonpost.com

Trump aides look into U.S. purchasing Greenland after directives fr...

The presidential request has bewildered aides, some of whom continue to believe it isn’t serious. Greenland’s foreign minister said Friday that the island is not for sale.
washingtonpost.com

Trump pressured Mnuchin to label China 'currency manipulator,' a .....

The treasury secretary had repeatedly refused to pin China with such a designation.

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washingtonpost.com

Trump delays some China tariffs to limit impact on holiday shopping...

Hold on tariffs on cellphones, laptops, footwear reflects concerns about trade war’s potential effect on the U.S. economy.
washingtonpost.com

Trump is increasingly relying on himself — not his aides — in trade...

Aides scrabbled to fulfill Trump’s declaration that China is a currency manipulator.
washingtonpost.com

Trump announces support for two-year bipartisan budget deal that bo...

The agreement still must be passed through Congress.
washingtonpost.com

Trump insists Fed should cut interest rates, even though economists...

The president stepped up his jawboning of the Fed on Friday, days before the central bank is set to meet to decide what to do with interest rates.
washingtonpost.com

Trump tells aides to look for big spending cuts in second term ... ...

Trump’s mixed messaging on the debt has left aides unsure of how to approach current negotiations.
washingtonpost.com

Pelosi knocks White House fallback plan on debt limit, putting pres...

Lawmakers must craft a new budget deal by the end of September, because that’s when funding for many agencies is set to expire.
washingtonpost.com

White House pushes Congress to strike deal as Treasury could run ou...

Action awaits on key issues even as the House speaker tends to a Democratic caucus fractured by border vote.
washingtonpost.com

Trump may be about to face his biggest test yet on the economy - Th...

Political and economic forces appear to have combined this year in a way that has darkened the outlook, which could be problematic for the president’s reelection efforts.
washingtonpost.com

Trump says U.S. to impose 5 percent tariff on all Mexican imports b...

President Trump on Thursday said he would be imposing a 5 percent tariff on all Mexican goods imported to the United States beginning June 10 until undocumented workers cease crossing the border, a move that could have major consequences for the U.S. economy.
washingtonpost.com

Trump takes major step toward pushing Congress to vote on North Ame...

House Speaker Nancy Pelosi directly cautioned U.S. Trade Representative Robert Lighthizer not to take the action until Democrats had spent more time working with the White House on the plan.
washingtonpost.com

Despite national security concerns, GOP leader McCarthy blocked bip...

The move benefited a Chinese-backed company with a plant in the House minority leader’s California district.
washingtonpost.com

Trump administration cracks down on giant Chinese tech firm, escala...

The president also signed an executive order to protect U.S. networks from foreign espionage, a move that appears to target China.
washingtonpost.com

Trump team explores farm bailout options amid trade war with China ...

They say tariffs are hurting their rural constituents, and they’re considering options to aid farmers.
washingtonpost.com

Four Senate Republicans signal opposition to Trump’s plan to put He...

House Speaker Nancy Pelosi criticized Cain as a pick hours before House Democrats are set to hear from Federal Reserve Chair Powell at their annual policy retreat.