President Trump is proposing to eliminate a tax loophole that’s also a long-time target of some Democratic lawmakers. Mr. Trump is working on “no tax on seniors’ Social Security, no tax on overtime pay” as well as renewing the tax cuts in the 2017 Tax Cuts and Jobs Act, White House press secretary Karoline Leavitt
Washington — A federal judge said Friday that he will prevent the Trump administration from placing 2,200 employees of the U.S. Agency for International Development, or USAID, on administrative leave, siding with unions representing the employees for now. Judge Carl Nichols of the U.S. District Court for the District of Columbia, who President Trump named
Washington — Senate Republicans are moving forward with their own budget plan to fund President Trump’s agenda despite a request from House Speaker Mike Johnson to hold off and let the lower chamber take the lead. Sen. Lindsey Graham, a South Carolina Republican, released a 61-page budget resolution on Friday, setting the groundwork for the
Washington — President Trump said Friday that Japan’s Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead “invest heavily” in the company without taking a majority stake. Mr. Trump announced the development in a press conference with Japanese Prime Minister Shigeru Ishiba at the White House. “[Nippon’s] going to be
Washington — President Trump, in a news conference with the Japanese prime minister, indicated that Elon Musk will have wide latitude to go into federal departments and agencies as he aims to slash federal spending by $2 trillion. He said he’s asked Musk to review “just about” every federal agency. “Pentagon, Education, just about everything,”
Washington — President Trump is holding a press conference with Japanese Prime Minister Shigeru Ishiba, following a meeting with him at the White House Friday. While he praised Ishiba and had warm words for the prime minister, Trump indicated that he had not ruled out tariffs on Japan. “I made clear that the United States
Ellen Weintraub, the current Federal Election Commission Chair and one of three Democratic members on the committee, posted a letter on X Thursday night from President Trump that says she has been removed as an FEC member. The brief letter, dated January 31, 2025, reads, “You are hereby removed as a Member of the Federal Election Commission.”