‘The Constitution assigns Congress the exclusive powers to “lay and collect Taxes, Duties, Imposts and Excises,”’ the court ruling states. A federal court said on May 28 that President Donald Trump exceeded his authority when he declared a national emergency to impose sweeping baseline tariffs on nearly all U.S. trading partners earlier this year. In
The visa revocations will include students with connections to the Chinese Communist Party and those studying in critical fields, Rubio said. Secretary of State Marco Rubio announced on May 28 that the United States would begin revoking visas of Chinese students, including those with connections to the Chinese Communist Party (CCP). “The U.S. will begin
The House is expected to vote on a rescissions package as soon as next week, after Republicans demanded more spending cuts on the reconciliation bill. The State Department announced visa sanctions on foreign officials over social media censorship. Which countries could potentially be involved? Israeli Prime Minister Benjamin N… Original News Source Link – Epoch
‘It’s not a warning. I said, “I don’t think it’s appropriate [to conduct strikes on Iran],”’ the president says. President Donald Trump said on May 28 that he told Israeli Prime Minister Benjamin Netanyahu not to conduct military strikes on Iran’s nuclear facilities and capabilities so that there could be more time for the United
Amid continued Russian attacks against Ukraine, Trump said he’s giving Putin two weeks to prove he’s serious about peace—or face tougher action. President Donald Trump said Wednesday that he is giving Russian President Vladimir Putin two weeks to demonstrate a genuine commitment to ending the war in Ukraine, warning that failure to do so could
The agency says it will be neutral on whether retirement plan fiduciaries include cryptocurrency options. The U.S. Department of Labor on May 28 rescinded 2022 guidance that warned fiduciaries against including cryptocurrency in 401(k) retirement plans, reversing a Biden-era policy that critics said discouraged innovation in retirement investing. The 2022 compliance release had advised plan
The rescission request would codify some of the cuts made by the Department of Government Efficiency if approved by Congress. WASHINGTON—The White House will send Congress a request to claw back $9.4 billion in previously appropriated funds to public media and foreign aid. A spokesperson for the Office of Management and Budget (OMB) confirmed in