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# CEOs say they're raising prices
- URL: https://utahpolitics.news/ceos-say-theyre-raising-prices/
- Published: 2025-05-29T13:43:40.000Z
- Updated: 2025-07-09T15:49:38.000Z
- Author: Bryan Schott
- Tags: Morning Memo

## Thursday, May 29, 2025

## ⏰ Tick Tock

Days to Utah's 2025 municipal primary elections (8/12/2025) - **75**   
Days until Election Day (11/4/2025) - **159**  
Days until the 2026 midterm elections (11/3/2026) - **523**  
Days until the 2028 presidential election (11/7/2028) - **1,258**

## 👀 Here's what you need to know for Thursday morning:

### UTAH AND THE WEST

Trump's approval drops in deep-red Utah. \[[Utah Political Watch](https://utahpolitics.news/trumps-approval-drops-in-deep-red-utah/)\]

White House will send DOGE cuts to Congress as Republicans like Sen. Mike Lee ramp up pressure. \[[Deseret News](https://www.deseret.com/politics/2025/05/28/mike-lee-wants-to-codify-doge-cuts/?ref=utahpolitics.news)\]

The Trump administration is pressuring Utah to kick immigrant kids off Medicaid. \[[Salt Lake Tribune](https://www.sltrib.com/news/politics/2025/05/29/trump-administration-is-pressuring/?ref=utahpolitics.news)\]

Utah Judiciary responds to controversy surrounding judge's comments. \[[KSL](https://ksltv.com/local-news/utah-judiciary-responds-to-controversy-surrounding-judges-comments/779770/?ref=utahpolitics.news)\]

Utah's new "advanced" nuclear reactor for research, won't produce energy. \[[KUTV](https://kutv.com/news/politics/utahs-new-advanced-nuclear-reactor-for-research-wont-produce-energy?ref=utahpolitics.news)\]

Can the 2034 Winter Games help preserve Utah's quality of life? Here's what a former governor says. \[[Deseret News](https://www.deseret.com/utah/2025/05/28/will-2034-winter-games-preserve-utah-quality-of-life-what-former-governor-mike-leavitt-says/?ref=utahpolitics.news)\]

Cleanup has begun on a decades-old landfill in Salt Lake City – all for the Utah Inland Port. \[[Utah News Dispatch](https://utahnewsdispatch.com/2025/05/29/cleanup-begins-on-salt-lake-city-landfill-for-utah-inland-port/?ref=utahpolitics.news)\]

Utah day care costs for two children balloon. \[[Axios Salt Lake City](https://www.axios.com/local/salt-lake-city/2025/05/29/utah-day-care-costs-two-children?ref=utahpolitics.news)\]

### NATIONAL

A three judge panel of the U.S. Court of International Trade ruled President Donald Trump does not have the legal authority to unilaterally implement tariffs on dozens of countries. \[[Politico](https://www.politico.com/news/2025/05/28/federal-court-strikes-down-trumps-april-2-tariffs-00373843?ref=utahpolitics.news)\]

Elon Musk is officially leaving his role in the Trump White House after criticizing the massive tax and spending bill currently working its way through Congress. \[[NBC News](https://www.nbcnews.com/politics/trump-administration/elon-musk-leaves-trump-white-house-rcna209636?ref=utahpolitics.news)\]

The White House will ask Congress to formally approve some of the spending cuts implemented by DOGE. \[[Politico](https://www.politico.com/news/2025/05/28/white-house-plans-at-last-to-send-some-doge-cuts-to-hill-00372274?ref=utahpolitics.news)\]

The U.S. and Qatari governments have not yet finalized an agreement for transferring a luxury Boeing 747-8 jet for President Trump's use as Air Force One. \[[Washington Post](https://www.washingtonpost.com/national-security/2025/05/28/trump-qatar-air-force-one/?ref=utahpolitics.news)\]

### INTERNATIONAL

Russian President Vladimir Putin is reportedly demanding that NATO pledge to halt eastward expansion and lifting of sanctions as conditions for ending the war in Ukraine. \[[Reuters](https://www.reuters.com/world/europe/putin-ukraine-peace-wants-pledge-halt-nato-enlargement-sources-say-2025-05-28/?ref=utahpolitics.news)\]

Hundreds of starving Palestinians stormed a United Nations food warehouse in Gaza on Wednesday. \[[CNN](https://www.cnn.com/2025/05/28/middleeast/gaza-starving-wfp-warehouse-famine-intl-latam?ref=utahpolitics.news)\]

### ECONOMY

Nearly 70% of CEOs in the U.S. say they will raise prices because of President Trump's tariffs. \[[Chief Executive](https://chiefexecutive.net/tariffs-68-percent-of-u-s-ceos-say-they-are-raising-prices-in-new-chief-executive-alixpartners-poll/?ref=utahpolitics.news)\]

The Trump administration relaxed restrictions on 401(k) plans purchasing cryptocurrency. \[[CNBC](https://www.cnbc.com/2025/05/28/crypto-in-401k-plans-trump-administration-eases-rules.html?ref=utahpolitics.news)\]