With the prices of essential products such as groceries still rising and the cost of certain imports inflated because of President Trump’s tariffs, the White House faces a predicament.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.
Despite considerable hand-wringing in the party about caving to Republicans in the government closure, some Democrats see potential upsides in the outcome.
Despite considerable hand-wringing in the party about caving to Republicans in the government closure, some Democrats see potential upsides in the outcome.
The Senate voted Monday night to end the longest government shutdown in history after eight members of the Democratic caucus crossed the aisle and joined Republicans in passing a short-term spending bill.
The president claimed that the Affordable Care Act benefited insurance companies over people, saying he would work with both parties on the issue “once the Government is open.”
The president claimed that the Affordable Care Act benefited insurance companies over people, saying he would work with both parties on the issue “once the Government is open.”
When the White House’s solicitor general defended the president’s use of tariffs before the Supreme Court on Wednesday, he said it was “only incidental” that the tariffs collected revenue.
Container ships in the Port of Los Angeles. In April, President Trump expanded the tariffs on products from Canada, Mexico and China to include goods from more than 100 trading partners.
The justices face a so-called legitimacy dilemma as they deal with a tricky legal dispute and a president who has made clear he would view defeat as a personal insult.
The justices face a so-called legitimacy dilemma as they deal with a tricky legal dispute and a president who has made clear he would view defeat as a personal insult.
Experts say the case is a tossup that poses difficult considerations for the justices, made all the more tense by President Trump’s efforts to personalize the dispute.
Neither President Trump nor Chinese officials indicated any new developments for the popular video app. Treasury Secretary Scott Bessent previously suggested they could “consummate” transfer of control from its Chinese owner.
Neither President Trump nor Chinese officials indicated any new developments for the popular video app. Treasury Secretary Scott Bessent previously suggested they could “consummate” transfer of control from its Chinese owner.
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