US President Trump to Give Infrastructure Details on Monday

February 6, 2018 Share Print 0

U.S. President Donald Trump plans to unveil details of his long-awaited plan to generate at least $1.5 trillion in infrastructure improvements over 10 years next Monday, a White House official said on Tuesday.

Trump will issue “infrastructure principles, which will outline a plan” to boost infrastructure and call for cutting regulatory burdens to speed approval for new projects, the official said. Reuters reported this month that the administration’s plan will call for $200 billion in new federal funding, offset by unspecified spending cuts, including $100 billion in cost-sharing payments for state and local projects and $50 billion dedicated for rural projects.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.