Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump's nominee for Treasury secretary, said Thursday that he does not support raising the minimum wage. If confirmed, Bessent would not have the power to raise wages, which would require a vote from Congress. But Sen. Bernie Sanders (Iconic, Vt.), who introduced a bill to raise the minimum wage to $15 in […]
American Express to pay $230M to settle deceptive marketing, fraud probe
The Department of Justice (DOJ) announced Thursday that American Express has agreed to pay $230 million to resolve a federal investigation into deceptive marketing practices and civil fraud charges. under settlement American Express will pay more than $108 million in civil penalties to resolve allegations that the company violated the Financial Institutions Reform, Recovery, and […]
Microsoft leaders meet with Trump, Musk at Mar-a-Lago
Top Microsoft leaders met with President-elect Trump, Vice President-elect J.D. Vance and Elon Musk at Mar-a-Lago on Wednesday, a company spokesperson confirmed to The Hill. . Microsoft CEO Satya Nadella and President Brad Smith met with Trump, Vance and Musk at a resort in Palm Beach, Florida, to discuss cybersecurity and technology policy, a spokesperson […]
Bessent open to increasing sanctions on Russia
Treasury Secretary nominee Scott Bessent told senators on Thursday that he would be “100 percent in favor” of President-elect Trump if he supported a strategy of toughening sanctions against major Russian oil companies as a way to end the war in Ukraine. Ta. “If Russian Federation officials are monitoring this confirmation hearing, I am 100% […]
These 5 former lobbyists are poised to join Trump’s Cabinet
Five former lobbyists have been appointed or appointed to President-elect Trump's cabinet, suggesting Trump may not be as closed off to these hired guns as he appeared on the campaign trail. . Presidents of both parties have long appointed former lobbyists to high-level positions in their administrations. Ron Klain had signed up to lobby on […]
Vought nomination signals bruising spending wars under Trump
The Senate confirmation hearing Wednesday for Russell Vought, one of Washington's most ardent proponents of spending cuts, foreshadowed the bitter spending wars that will engulf Congress this year. Vought, who was nominated by President-elect Trump to head the Office of Management and Budget, served in the role during President Trump's first term and took the […]
Bessent, Burgum headline Thursday's confirmation hearings
The Senate's confirmation hearings for President-elect Trump's controversial Cabinet nominations are back in full swing Thursday. The committee will hear from candidates seeking to lead the Treasury, Interior, Housing and Urban Development, and Environmental Protection Agency during President Trump's second term. They include Trump's main 2024 rival, former North Dakota Gov. Doug Burgum, who was […]
Bessent to tell senators Trump will usher in 'economic golden age'
Scott Bessent, President-elect Trump's nominee for Treasury secretary, will tell senators during his confirmation hearing that the next four years will be an opportunity for an “economic golden age,” according to prepared remarks reported by multiple media outlets. It is said that Bessent told members of the Senate Finance Committee Thursday morning that Trump “has […]
Lobbying World: Former lawmakers find new homes in lobbying firms
Two more recently retired members have come to K Street since the end of the 118th Congress. Former senator. Debbie Stabenow (Michigan Democratic Party) joined us. Liberty Partners Group As a senior policy advisor. Stabenow left Congress this month after nearly 30 years and most recently served as chairman of the Senate Agriculture Committee. former […]
TikTok ban: What happens to the app after Sunday's deadline?
As a potential ban on TikTok looms, millions of U.S. users are wondering what will happen to both the app and their accounts if the ban goes into effect in the coming days. The ban, passed by Congress with a bipartisan majority last April and signed by President Biden, gives TikTok until January 19th to […]