The Trump administration is preparing to wind down within weeks the White House taskforce that was formed to deal with the coronavirus pandemic in the country. This was announced by Vice President Mike Pence at a news conference Tuesday.
He told reporters, "A reflection of the tremendous progress we've made as a country", the Trump administration was "starting to look at the Memorial Day [late May] window, early June window as a time when we could begin to transition back to having our agencies begin to manage, begin to manage our national response in a more traditional manner."
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.