Proposed Budget Cuts to HUD by Trump Administration

President-elect Donald Trump's first administration proposed deep budget cuts to HUD but they never passed Congress. The new administration, led by former NFL player and Texas Rep. Scott Turner, is expected to push for budget cuts and policy changes to programs assisting low-income individuals.

U.S. Regulatory Changes to Support Cuba’s Private Sector

The U.S. Treasury Department announced regulatory changes to allow more American financial support for Cuba’s private sector and to bolster access to U.S. internet-based services. These measures aim to support Cuba’s budding entrepreneurs while avoiding benefit to Cuban authorities.

Electric Vehicle Market Trends

The hype around electric vehicles is decreasing as automakers scale back or delay their EV plans due to slower-than-expected consumer demand. Companies are now offering a mix of gas-powered, hybrid, and electric vehicles. EV sales are predicted to increase in the coming years, but the transition to EVs is slower than initially anticipated.