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Track-Trump March 15, 2017

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In anticipation of the new order restricting travel from six Muslim-majority nations, U.S. District Judge Derrick Watson of Hawaii granted a temporary restraining order, effectively halting the order nationwide before it could go into effect.

In a press conference, Federal Reserve Chair Janet Yellen announced an interest rate hike of a quarter of a percent (25 basis points) and predicted two more rate increases this year and three in 2018. While the rate increase signals confidence that economic growth targets are being met, the gradual nature of the increase is designed to give an extended impetus for hiring and investment.

In a joint press conference, House Intelligence Committee Chair Devin Nunes and Ranking Democratic Member Adam Schiff said they saw no evidence indicating the Trump campaign had been wiretapped during the campaign.

In a vote of 85 to 12, the Senate confirmed the nomination of former GOP senator Dan Coats to be the President’s director of national intelligence.

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