Trump Supports Gun Control Background Checks
February 20, 2018
Trump administration expands access to health insurance plans not meeting ObamaCare requirements; Trump supports effort to improve gun background checks; Federal Chairman Powell taps two senior advisers.
- Trump administration expands access to health insurance plans not meeting ObamaCare requirements. The Trump administration on Tuesday moved to develop more non-ObamaCare health insurance plans. The proposed rules would expand access to short-term health insurance up to 12 months, lifting the Obama administration’s requirements that limited plans to a maximum of three months. Democrats oppose the move, saying that it opens the door to “junk insurance”, as short-term plans allow people with pre-existing conditions to be charged a higher price and do not meet the requirements for what services a plan must cover. However, Trump officials argue that the move will provide cheaper options for people who cannot afford the high costs for ObamaCare plans. [The Hill]
- Trump supports effort to improve gun background checks. The White House said on Monday that President Trump supports efforts to improve federal background checks for gun purchases, days after a shooting at a Florida school. Trump spoke with Senator John Cornyn on Friday about a bipartisan bill that he and Democratic Senator Chris Murphy introduced to improve federal compliance with criminal background checks, according to White House spokeswoman Sarah Sanders. Cornyn and Murphy introduced their bill to improve federal background checks last November, days after a shooting in Texas. The bill, known as the Fix NICS Act, would ensure that states and federal agencies comply with the existing law on reporting criminal history records to the national background check system. [Reuters]
Economic Indicators & News
- Federal Chairman Powell taps two senior advisers. Federal Reserve Chairman Jerome Powell named two monetary policy specialists to serve as his senior advisers: Jon Faust, a professor of economics at Johns Hopkins University, and Antulio Bomfirm, an economist in the Fed’s monetary affairs division. Both have previously served as advisers to the Fed. [WSJ, MarketWatch]