Scott Horsley | WYPR

Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.

Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.

Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.

Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.

Updated at 3:08 p.m ET

Frustrated by the large number of Central Americans who have been entering the country from Mexico, President Trump doubled down on his threat to close the Southern U.S. border.

"I'm ready to close it," Trump said Tuesday. "If we don't make a deal with Congress, the border is going to be closed, 100 percent."

Updated at 4:44 p.m. ET

Linda McMahon, the famous pro wrestling promoter who stayed largely out of the limelight as small business administrator, is quitting President Trump's Cabinet after more than two years on the job.

McMahon plans to join the pro-Trump superPAC America First Action, according to a source with direct knowledge of the situation.

"Linda McMahon has done an incredible job," Trump told reporters Friday at his Florida vacation home. "She has been a superstar."

The U.S. economy grew somewhat more slowly at the end of last year than initially thought. Forecasts suggest that slowdown will continue in 2019.

President Trump's pick for a powerful post on the Federal Reserve Board is drawing mounting criticism from economists of all stripes.

Trump said on Friday that he plans to nominate Stephen Moore, a campaign adviser and conservative pundit, to serve on the Fed's Board of Governors.

Updated at 4:16 p.m. ET

The Federal Reserve is signaling that it may be done hiking interest rates this year, amid signs of economic slowing.

Updated at 5:55 p.m. ET

There aren't many people who can command attention at the White House, the classrooms of Princeton University, and the Rock & Roll Hall of Fame.

Alan Krueger did all three.

Krueger, who served as economic adviser to former President Barack Obama, died over the weekend at age 58. The cause was suicide, according to a statement from his family, released by Princeton University where Krueger taught.

Updated at 4:56 p.m. ET

President Trump used his veto pen for the first time Friday, after Congress tried to reverse his national emergency declaration and rein in spending on a wall along the U.S.-Mexico border.

Congressional critics do not appear to have the votes to override Trump's veto. So, as a practical matter, the administration can continue to spend billions of dollars more on border barriers than lawmakers authorized, unless and until the courts intervene.

Updated at 11:12 a.m. ET

A federal order grounding all 737 Max jetliners in the U.S. comes after repeated assurances from the manufacturer that the planes are safe.

Updated at 4:50 p.m. ET

President Trump's budget proposal for 2020 calls for $8.6 billion in new border wall funding, a signal that the White House is not backing away from a demand that triggered a 35-day government shutdown.

The border wall is just one flashpoint in the president's $4.7 trillion budget blueprint. Trump is also calling for a 5 percent boost in military spending along with deep cuts to domestic programs and foreign aid.

President Trump's longtime friend Tom Barrack has been getting a lot of attention lately — much of it not good.

Barrack was the chairman of Trump's inaugural committee, which is now under scrutiny by federal prosecutors.

He was roundly criticized for comments he made this month about the killing of Saudi journalist, Jamal Khashoggi.

In declaring a national emergency Friday, President Trump tried to underscore the urgency of what he calls a national security crisis along the U.S. border with Mexico, while at the same time downplaying the gravity of his response.

What started off as a strong holiday shopping season ended with a whimper, as consumers, rattled by a trade war and a government shutdown, tightened their belts. The Commerce Department said retail sales fell 1.2 percent between November and December, the sharpest drop in nine years.

President Trump renewed his call for border wall funding and accused House Speaker Nancy Pelosi of "rigid" opposition, in an interview airing two days before Trump's State of the Union address.

The tone of the president's remarks in an interview taped Friday with CBS calls into question whether Trump will actually use Tuesday's primetime speech to appeal for compromise, as advertised.

The Trump administration opened high-stakes trade talks with China on Wednesday. The two sides have just over a month to reach an agreement, or risk an escalation in their costly trade battle.

The administration has already imposed tariffs on some $250 billion in Chinese imports. President Trump has threatened to increase and expand those tariffs, but he agreed to hold off until early March, while negotiators try to hammer out a deal.

Updated at 6:37 p.m. ET

Commerce Secretary Wilbur Ross downplayed the hardships caused by a partial government shutdown on Thursday as some 800,000 federal workers prepared to miss a second consecutive payday.

Ross told CNBC he is puzzled by reports of federal workers turning to food banks and other forms of relief, suggesting they should be able to obtain bridge loans to tide them over until the government reopens.

Updated at 1:15 a.m. ET

President Trump said Wednesday night he won't be looking for an alternative place to give the State of the Union address. Earlier in the day, asked about House Speaker Nancy Pelosi, D-Calif., insisting he could not speak on the House floor until a partial government shutdown is over, the president said, "We'll do something in the alternative."

Sunday marks the second anniversary of President Trump's inauguration. At the midpoint of his four-year term, Trump has already delivered on some of his campaign promises, such as boosting funding for the military.

President Trump spoke to the centennial gathering of the American Farm Bureau Federation Monday, cultivating ties to rural voters who were a key factor in his 2016 election.

"I'm proud to be a great friend of the farmer," Trump said, addressing the group's convention for the second year in a row.

The president drew applause as he recounted administration efforts to reduce regulation and save the very wealthiest farmers from the estate tax.

Updated at 5:15 p.m. ET

The White House is working to identify federal dollars that could be redirected to construct a border wall, if President Trump invokes his emergency powers to do so.

Updated at 4:15 p.m. ET

President Trump abruptly halted spending talks at the White House on Wednesday, after congressional Democrats again rejected his demand for a $5.7 billion border wall.

On Twitter, Trump dismissed the negotiations as a "total waste of time," as a partial government shutdown stretched into its 19th day. He added, "I said bye-bye, nothing else works!"

President Trump has suggested that he might resort to using "emergency" powers to build his border wall if he is not able to reach agreement on funding with congressional Democrats.

"We are looking at it very strongly," Trump told reporters on Sunday. "We're looking at a national emergency, because we have a national emergency."

The president does have broad powers to act in a crisis situation, but those powers are not unlimited. And critics say Trump should be careful about invoking them in this instance.

President Trump on Friday issued an executive order freezing the salary rates for federal workers. The order wasn't a surprise but for some 800,000 federal employees furloughed during the partial government shutdown or working without pay, it was like rubbing salt into a wound.

The Christmas season is typically one of the busiest times of the year at Joshua Tree National Park in California, as rock climbers and car campers flock to the high desert getaway.

President Trump insists that he didn't violate campaign finance laws and that any legal liability for hush money paid to two women who claimed to have had affairs with him rests with his former personal attorney and fixer, Michael Cohen.

"I never directed him to do anything wrong," Trump said Thursday afternoon in an interview with Fox News. "Whatever he did, he did on his own."

Updated at 4 p.m. ET

President Trump says he will be making a decision "soon" on a new chief of staff. But some of the candidates whose names have been floated for the post say they're not interested.

It seems people are not exactly lining up for the chance to try to organize Trump's impulsive and unpredictable operation, especially in the face of an aggressive special counsel's investigation and newly empowered Democrats in the House of Representatives.

Updated at 1:36 p.m. ET

White House chief of staff John Kelly will leave "toward the end of the year," President Trump said Saturday. It is the latest administration shake-up as Trump makes adjustments following the recent midterm elections.

"John Kelly will be leaving — I don't know if I can say 'retiring.' But, he's a great guy," Trump told reporters on the South Lawn of the White House.

Trump did not announce who would replace Kelly but said that would come in a day or two.

The arrest and possible extradition of a Chinese business executive highlights ongoing trade tensions between the U.S. and China that national security adviser John Bolton says will be a major focus of negotiations over the next three months.

As Congress prepares to debate a year-end spending bill and President Trump prepares for trade talks with China's President Xi Jinping, these are some terms you're likely to hear used — and occasionally misused — by politicians and pundits. Bone up on your political and economic vocabulary so you'll sound smart on the holiday party circuit.

Updated at 4:33 p.m. ET

President Trump threatened to cut subsidies for General Motors, in retaliation for the carmaker's decision to idle five North American auto plants and lay off some 14,000 workers.

"The U.S. saved General Motors, and this is the THANKS we get!" Trump tweeted on Tuesday, referring to the federal government's rescue of GM and Chrysler-Fiat during the depths of the recession nearly a decade ago.

White House economic adviser Larry Kudlow also expressed disappointment after meeting with GM's CEO, Mary Barra, on Monday.

Updated at 6:20 p.m. ET

President Trump declared on Tuesday that his administration will remain a "steadfast partner" of Saudi Arabia, despite the CIA's assessment that Saudi Crown Prince Mohammed bin Salman personally approved the killing last month of journalist Jamal Khashoggi.

"Maybe he did and maybe he didn't," Trump said of the crown prince's knowledge of the killing.

Pages