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Economy Editor

New York, NY

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Our response to the White House's decision to hand-pick which reporters can ask questions of the president.

NYTimes Communications@nytimespr.bsky.social · last yr.

A statement from a spokesperson for The New York Times on White House press coverage:

Point of information on Kevin Warsh's @WSJ op-ed. There's a legitimate debate over whether inflation progress has stalled, but Warsh is describing current inflation using opaque language to maximize fear factor. Fed target is 2% PCE. Core PCE is 2.8% YY, market-based core 2.4%, headline 2.4%. 1/4

NYC's congestion pricing is a fascinating real-time experiment of what happens when a government imposes a Pigouvian tax. In this case: restaurants are raising prices and some are paying workers more in order to offset the $9 toll. www.nytimes.com/2025/01/11/d...

What Will Manhattan Congestion Pricing Do to Restaurants? (Gift Article)

Days into the new charges, some restaurant owners say suppliers are raising prices. Others are giving customer discounts, and many fear the fallout for workers.

nytimes.com

New from us today: Trump wants a bigger SALT deduction but wants NJ and NY to commit to cutting taxes in order to get it. www.nytimes.com/2025/01/12/u...

Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers (Gift Article)

The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.

nytimes.com

In her final, final story on the Fed beat, @jeannasmialek.bsky.social explains how banks are having a regulatory winning streak even before Trump takes office www.nytimes.com/2025/01/09/b...

Banks Are Racking Up Wins Even Before Trump Is Back in White House (Gift Article)

Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.

nytimes.com