POLITICS

Trump bristles over “nasty question” about “TACO” trade. Here’s why.

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A new acronym is popping up on Wall Street to explain investors’ reaction to President Trump’s on-again, off-again tariffs: TACO.  Coined by Financial Times journalist Robert Armstrong in a May 2 column, the tongue-in-cheek term stands for “Trump Always Chickens Out.” That phrase is meant to describe a pattern of stocks plunging when the Trump administration

Pentagon ends “What did you do last week?” email requirement for civilians

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The Pentagon is no longer requiring civilian employees to send emails listing out five things they accomplished each week, winding down an initiative driven partly by Elon Musk’s Department of Government Efficiency. The five-bullet-point email requirement ended on Wednesday, according to the Defense Department, and employees were instructed to send a final email identifying one

Trump pardons former GOP congressman Michael Grimm over tax fraud charges

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President Trump has signed off on a full pardon for former Rep. Michael Grimm of New York, according to a White House official.  Grimm, a Republican, was convicted in November 2014 of tax fraud and related charges stemming from his ownership of a Manhattan restaurant before joining Congress. Prosecutors said he underreported wages and revenue