Federal Reserve Raises Rates Amid Trump Resistance, Roadless Rule Repeal Proposed
The Federal Reserve has raised the overnight interest rate, a move opposed by President Trump. Economist Dean Baker discussed this decision on UpFront, a KPFA program. The central bank's rate hike is expected to impact borrowing costs and economic growth.
In other news, the Trump administration is seeking to repeal the Roadless Rule, which has protected 45 million acres of U.S. forests from logging and road-building for over two decades. Randi Spivak of the Center for Biological Diversity expressed concerns about this proposal, highlighting its potential consequences on endangered species and forest fires.
The public can submit comments to the Federal Register by October 6, 2026, regarding the proposed change to the Roadless Rule. The Center for Biological Diversity has also released an analysis titled 'Deadly Incursions,' which examines the impact of rescinding this rule on over 400 threatened and endangered species.