President Trump has suspended most of his tariffs on Mexico until April 2nd. Stocks are falling despite the tariff reprieve. Meanwhile, there is still concern over Elon Musk and DOGE's spending cuts.
The rescissions process could let Congress regularize DOGE cuts, but it could produce another dangerous moment for House Republicans.
One of the biggest victims of the tariff selloff, Tesla stock's post-election rally now stands at less than 5% after once enjoying a 90% gain.
House Republicans are privately complaining about Elon Musk's federal government efforts, though nearly all agree with the DOGE goal.
WASHINGTON (TNND) — Republican lawmakers are reportedly asking Department of Government Efficiency (DOGE) head Elon Musk to put his federal budget cuts to a congressional vote amid a flurry of questions from constituents, CNN reported Thursday.