GOP bill could add trillions to the U.S. deficit, some experts say

The Republican-backed tax and spending bill that’s now moving forward in the House is getting a reality check from Wall Street. That’s because the proposed tax breaks are projected to far outstrip any savings in the bill, potentially leading to mounting U.S. debt and a worsening fiscal outlook, according to economists and policy experts.  If

US Commerce Secretary Divests From Cantor Fitzgerald

Howard Lutnick also offloaded stakes in BGC and Newmark in order to meet federal conflict-of-interest rules. Commerce Secretary Howard Lutnick has divested his longstanding ownership in Cantor Fitzgerald, transferring control to his children and a select group of private investors, in a move that fulfils federal ethics requirements. The transactions, completed this past week and

Lawmakers Question Harvard Over Partnerships With Chinese Entities Linked to Genocide

They said Harvard trained members of the sanctioned, paramilitary organization XPCC, ‘a primary implementer of the CCP’s genocide against the Uyghurs.’ House lawmakers are demanding transparency from Harvard University over partnerships with sanctioned groups including those involved in the Chinese Communist Party’s (CCP) genocide against Xinjiang Uyghurs and forced organ harvesting. The lawmakers highlighted in

Trump holds 2-hour call with Putin ahead of conversation with Zelenskyy

President Trump said the tone and spirit of his two-hour phone call with Russian President Vladimir Putin on Monday about the war in Ukraine were “excellent,” and Russia and Ukraine would “immediately start negotiations toward a ceasefire.” Mr. Trump spoke with Ukrainian President Volodymyr Zelenskyy, the Ukrainian president said in a social media post, and Zelenskyy

Lawmakers Introduce Legislation to Blacklist China’s Forensic Police Institute

‘This lab has actively supported the CCP’s campaign of genocide through biometric data harvesting and forensic tracking,’ Sen. Rick Scott said. A bicameral group of Republican lawmakers has proposed legislation to reinstate a Chinese forensic police institute on a trade sanctions list, accusing the agency of being involved in human rights violations perpetrated by the