Trump's plans to slash IRS staff could derail agency amid tax season
The IRS is preparing to remove half of its employees. two Media reporting– Some of the Trump administration's blitz reduced the size and scope of the federal government in its first 100 days of inauguration. The potential cuts represent a 180-degree course revision for national tax collectors from substantial funding and operational overhauls that the […]
Trump might meet Canada, Mexico in ‘the middle’ on tariffs: Lutnick
Commerce Secretary Howard Lutonic said the announcement could come Wednesday afternoon, as he believes President Trump may consider tariff relief in Canada and Mexico to compromise. “The president has heard offers from Mexico and Canada. He's thinking he's going to do something in the middle,” Rutnick said Wednesday. Bloomberg TV. He adds that he is […]
ABC News eliminating 538 amid layoffs
According to information obtained by Hill, ABC News Group has eliminated political division 538. The layoff is expected to affect 200 employees, representing less than 6% of the company and Disney Entertainment Network Unit staff. 538 15 employees are being let go. The Wall Street Journal first reported cuts. The move is part of a […]
Kentucky Distillers' Association responds to Trump tariffs: 'Hard-working Americans … will suffer'
Kentucky (wdky) – Kentucky's bourbon industry is enduring potential economic fallout after President Trump imposed tariffs on imports from Canada, China and Mexico this week. I vowed to retaliate. Governor Andy Beshear (D) has called tariffs “three parts of inflation” that could have widespread effects on both consumers and businesses. “His tariffs in Canada and […]
GOP plows forward with government funding plan despite Democratic opposition
In the face of solid resistance from Democrats, House Republicans are pushing plans for a clean six-month stop to fund the government beyond the closing deadline next week. House Budget Committee Chairman Tom Cole (R-Okla.) told reporters Wednesday that the Republicans “run a CR in the year” next week. “We're not going to go through […]
DOJ charges Chinese hackers, government officials in campaign targeting US agencies
The US government has charged 10 Chinese hackers and two country security officials in a scheme to steal data from Chinese government groups and opposition, the Department of Justice (DOJ). Announced on Wednesday. “Today, we are exposing and fostering Chinese government agents who direct and promote indiscriminate and reckless attacks on computers and networks around […]
Vance suggests other industries won't get tariff carve-outs
Vice President Vance on Wednesday suggested that industries other than US automakers are seeking tariff exemptions, but the Trump administration will not expand its sculpture. While visiting the tropical border, the reporter asked Vance about other industries after the White House exempts cars from a one-month exemption on one-month tariffs on Canada and Mexico. “Many […]
Two-thirds of Americans support CFPB: Poll
Approximately two-thirds of Americans surveyed support the Consumer Financial Protection Bureau (CFPB). New polls It was released on Wednesday. Approximately 67% of Americans said they support the consumer watchdog, including 60% of Republicans, 68% of independents and 84% of Democrats. The poll was commissioned by two nonprofit organizations supporting strict consumer finance regulations: Responsible Lending […]
Trump announces 1-month delay on Canada, Mexico tariffs for cars
President Trump announced a one-month exemption from tariffs on cars on Canada and Mexico on Wednesday following a meeting with three major US automakers. Trump spoke with leaders from Ford, General Motors and Stellantis following the imposition of a 25% tariff on all imports from Mexico and Canada on Tuesday. Following these debates, Trump said […]
Trump says Trudeau ‘trying to use’ tariff fight ‘to stay in power’
President Trump said Canadian Prime Minister Justin Trudeau was trying to use an escalating trade war as a way to stay in power after two leaders spoke about Trump's newly implemented tariffs on Wednesday. “Justin Trudeau of Canada called me to ask what he could do about the tariffs. I told him that a lot […]