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Donald Trump

EV Tax Credit Renewal Looks Unlikely

An Obama era tax credit for buyers and lessees of new electric vehicles will not likely be extended as part of a new federal spending bill, Reuters reports.

Top NHTSA Official to Leave Agency

Heidi King, deputy administrator for the National Highway Traffic Safety Administration, is planning to leave the agency as soon as next week.

Fed Announces First Rate Cut in 11 Years

Federal Reserve Chairman Jerome Powell officially announced a widely expected cut to the federal funds rate yesterday, dropping the central bank's target by a quarter-point to 2%.

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