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US Treasury Secretary Bessent: Trump is laser-focused on the housing market
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Trump: We just hit the highest price in stock market history. TRUMP: I'M NOT A BIG FAN OF THOSE CRAZY, CHINA-MADE WINDMILLS. ... TRUMP: COAL IS THE MOST DEPENDABLE FORM OF ENERGY WE HAVE. ... TRUMP SAYS HE IS DIRECTING THE DEPARTMENT OF ENERGY TO ISSUE FUNDS TO COAL PLANTS IN STATES INCLUDING WEST VIRGINIA AND OHIO TRUMP: THE TRADE DEFICIT HAS GONE DOWN 78% BECAUSE OF TARIFFS. ...
Total nonfarm payroll employment rose by 130,000 in January, and the unemployment rate changed little at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, social assistance, and construction, while federal government and financial activities lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note. 
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3% Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement over December, which saw a gain of 48,000 after a slight downward revision. The unemployment rate edged lower to 4.3%, below the forecast to stay unchanged at 4.4% from the prior month. The report, delayed nearly a week by the partial government shutdown that ended Feb. 3, held consistent with a US LABOR DEPARTMENT PAYROLLS BENCHMARK REVISIONS: THE SEASONALLY ADJUSTED NONFARM EMPLOYMENT LEVEL FOR MARCH 2025 WAS REVISED DOWNWARD BY 898,000 ... THE JOBS STORY JUST GOT REWRITTEN On February 11, 2026, the Bureau of Labor Statistics slashed its 2025 payroll numbers in its annual benchmark update. What changed: Total job growth was revised from +584,000 to +181,000. That’s an average of just +15,000 jobs per month, not…
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3% Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement over December, which saw a gain of 48,000 after a slight downward revision. The unemployment rate edged lower to 4.3%, below the forecast to stay unchanged at 4.4% from the prior month. The report, delayed nearly a week by the partial government shutdown that ended Feb. 3, held consistent with a US LABOR DEPARTMENT PAYROLLS BENCHMARK REVISIONS: THE SEASONALLY ADJUSTED NONFARM EMPLOYMENT LEVEL FOR MARCH 2025 WAS REVISED DOWNWARD BY 898,000 ... THE JOBS STORY JUST GOT REWRITTEN On February 11, 2026, the Bureau of Labor Statistics slashed its 2025 payroll numbers in its annual benchmark update. What changed: Total job growth was revised from +584,000 to +181,000. That’s an average of just +15,000 jobs per month, not…
MAJORITY OF U.S. HOUSE BACKS RESOLUTION TO END TRUMP’S CANADA TARIFFS; VOTING CONTINUES U.S. HOUSE APPROVES RESOLUTION TO END TRUMP’S CANADA TARIFFS BY 219–211 ... US House passes 219–211 resolution to end Trump’s Canada tariffs (there is a but ...) The U.S. House of Representatives voted 219–211 to pass a resolution seeking to terminate former President Donald Trump’s tariffs on Canada, marking a rare bipartisan rebuke of executive trade authority. The resolution, introduced by Representative Gregory Meeks, aims to end the national emergency declaration that provides the legal basis for the Canada tariffs. Six Republicans joined Democrats in voting yes, while one Democrat opposed the measure. The tariffs were imposed under emergency powers authorities, a legal pathway that allows a president to restrict trade on national security grounds. Critics argue this approach sidelines Congress’s constitutional authority over trade policy and stretches the definition of national emergency. However, the House vote alone does not immediately lift the tariffs. For the resolution to take effect, it must also pass the U.S. Senate. Even if approved there, it would then require presidential signature, or, if vetoed, a two-thirds majority in both chambers to override. Given Republican support for Trump’s trade strategy and the high bar required for a veto override, the resolution faces significant hurdles. Politically, the vote puts members on record ahead of broader trade debates and signals unease among some Republicans about the economic impact of tariffs, particularly on cross-border supply chains and consumer prices. The move could also increase pressure on the Senate to take up the measure, though its path forward remains uncertain. For markets, the vote is more a political signal than an immediate policy shift — but it underscores that congressional scrutiny of executive tariff powers is intensifying.
US House passes 219–211 resolution to end Trump’s Canada tariffs (there is a but ...) The U.S. House of Representatives voted 219–211 to pass a resolution seeking to terminate former President Donald Trump’s tariffs on Canada, marking a rare bipartisan rebuke of executive trade authority. The resolution, introduced by Representative Gregory Meeks, aims to end the national emergency declaration that provides the legal basis for the Canada tariffs. Six Republicans joined Democrats in voting yes, while one Democrat opposed the measure. The tariffs were imposed under emergency powers authorities, a legal pathway that allows a president to restrict trade on national security grounds. Critics argue this approach sidelines Congress’s constitutional authority over trade policy and stretches the definition of national emergency. However, the House vote alone does not immediately lift the tariffs. For the resolution to take effect, it must also pass the U.S. Senate. Even if approved there, it would then require presidential signature, or, if vetoed, a two-thirds majority in both chambers to override. Given Republican support for Trump’s trade strategy and the high bar required for a veto override, the resolution faces significant hurdles. Politically, the vote puts members on record ahead of broader trade debates and signals unease among some Republicans about the economic impact of tariffs, particularly on cross-border supply chains and consumer prices. The move could also increase pressure on the Senate to take up the measure, though its path forward remains uncertain. For markets, the vote is more a political signal than an immediate policy shift — but it underscores that congressional scrutiny of executive tariff powers is intensifying.
