US Politics in Trump era Public date: 19.09.2019 21:40:40

2 Aug 2019

Military retirement program could lose funding for Trump’s border wall

The Supreme Court decided last week that Department of Defense funding could be used to construct sections of President Donald Trump's border wall.  Notably, it said about $224 million would be taken from the Blended Retirement System, which combines elements of the military's retirement system with a system offering benefits similar to civilian 401(k) programs. Other programs set to significantly lose funding: $604 million that was supposed to support Afghan security forces; $251 million in Pentagon funds for destroying US chemical weapons; and about $343 million "in spending from Air Force weapons programs where officials have negotiated reductions or canceled systems,".
The Supreme Court decided last week that Department of Defense funding could be used to construct sections of President...
10 May 2019

Stores closing include CVS, Office Depot, Walmart in 2019

The staggering rate of store closures that has rocked the retail industry over the past couple of years is expected to continue in 2019, with roughly the same level of closures expected this year. Retailers closed a record 102 million square feet of store space in 2017, then smashed that record in 2018 by closing another 155 million square feet, according to estimates by the commercial real-estate firm CoStar Group.
The staggering rate of store closures that has rocked the retail industry over the past couple of years is expected to...
23 Mar 2019

US budget deficit hits record $234 billion in February, national debt

The US posted a record budget deficit in the month of February, according to a new report form the Treasury Department. The budget deficit for February came in at $234 billion, according to the Treasury, higher than the previous monthly record of $231.7 billion set in 2012. The deficit was also 8.7% higher than the $215.2 billion deficit posted in February 2018.
The US posted a record budget deficit in the month of February, according to a new report form the Treasury Department....
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8 Mar 2019

Trump signs executive order to stop reporting civilian drone deaths

US President Donald Trump has signed an executive order reducing the number of civilian deaths from drones that the government must report. Trump signed the order Wednesday, revoking an Obama-era requirement for the director of national intelligence to release an annual report on the number of deaths resulting from US operations in noncombat areas around the world.
US President Donald Trump has signed an executive order reducing the number of civilian deaths from drones that the...
30 Dec 2018

Trump signs executive order freezing pay for federal workers in 2019

President Donald Trump issued an executive order Friday that cancels a planned pay increase for federal workers in 2019. Trump previously called the raise, a 2.1% increase set to take effect in January, "inappropriate" and an unrealistic burden on the federal budget. The order also cancels a yearly paycheck adjustment calculated in order with the region of the country where workers are posted.
President Donald Trump issued an executive order Friday that cancels a planned pay increase for federal workers in 2019....
3 Nov 2018

GDP: Trump tariff, trade war hit to economy

There's mounting anecdotal evidence that President Donald Trump's trade war is causing trouble for the US economy and businesses. But Friday's report on third-quarter gross domestic product may be the best hard evidence yet that the tariffs are causing major disruptions in the economy.
There's mounting anecdotal evidence that President Donald Trump's trade war is causing trouble for the US economy and...
30 Jun 2018

Justice Anthony Kennedy’s son led Deutsche Bank as it loaned Trump over $1 billion

The son of Supreme Court Justice Anthony Kennedy  was leading a real-estate division of Deutsche Bank as it gave President Donald Trump over $1 billion in loans to finance his real-estate projects when other banks wouldn't, The New York Times reported Thursday.
The son of Supreme Court Justice Anthony Kennedy  was leading a real-estate division of Deutsche Bank as it...
31 May 2018

Wall Street bank deregulation, Crapo bill: House vote, details

The House voted on the biggest rollback of Wall Street regulations since the financial crisis. While the bill would change many regulations for regional and community banks, analysts say it is not a total dismantling of the Dodd-Frank Act.
The House voted on the biggest rollback of Wall Street regulations since the financial crisis. While the bill would...
24 May 2018

A Jared Kushner company is seeking $100 million from a Saudi-tied fund – Business Insider

A real estate startup partly-owned by presidential senior adviser Jared Kushner is seeking an investment of at least $100 million from a private fund backed by Saudi Arabia and the United Arab Emirates.
A real estate startup partly-owned by presidential senior adviser Jared Kushner is seeking an investment of at least...
19 Mar 2018

Kushner Cos. faked paperwork about NYC properties in order to profit

An AP investigation found Jared Kushner's firm repeatedly lied about the number of tenants in its building who were living under rent controlled housing. The Kushner Cos. routinely filed false paperwork with the city declaring it had zero rent-regulated tenants in dozens of buildings it owned across the city when, in fact, it had hundreds.
An AP investigation found Jared Kushner's firm repeatedly lied about the number of tenants in its building who were...
2 Oct 2017

Don McGahn almost resigned over concerns about Trump-Kushner meetings

West Wing staffers were concerned that White House counsel Don McGahn would quit earlier this summer because of his frustration over meetings between President Donald Trump and his senior and adviser and son-in-law, Jared Kushner, The Wall Street Journal reported on Friday. Given their proximity to the Russia probe, McGahn was reportedly concerned that the frequency with which Trump and Kushner met could be seen as an attempt to coordinate their stories, three officials familiar with the matter told The Journal. 
West Wing staffers were concerned that White House counsel Don McGahn would quit earlier this summer because of his...
28 Jul 2017

The $180 million conflict that kept Scaramucci out of the White House in January has only gotten shadier

Let's not be naive. If I told you that a firm with ties to a sometimes adversarial foreign power was trying to overpay a Trump administration official for their now struggling business, you might say, "Gee, that seems like a conflict the White House doesn't need right now." But here we are.
Let's not be naive. If I told you that a firm with ties to a sometimes adversarial foreign power was trying to...
13 Jul 2017

Why was Russian money-laundering case settled? House Dems want answers

Democratic members of the House Judiciary Committee sent a letter to Attorney General Jeff Sessions on Wednesday asking why the Department of Justice settled a major money-laundering case involving a real-estate company owned by the son of a powerful Russian government official whose lawyer met with Donald Trump Jr. last year.
Democratic members of the House Judiciary Committee sent a letter to Attorney General Jeff Sessions on Wednesday asking...
26 Jun 2017

Evidence mounts Russia meddled in US election

Evidence is emerging that the hacking and disinformation campaign waged at the direction of Russian President Vladimir Putin took at least four separate but related paths. The first involved establishing personal contact with Americans perceived as sympathetic to Moscow — such as former Defense Intelligence Agency chief Michael Flynn, former Trump campaign chairman Paul Manafort, and early Trump foreign-policy adviser Carter Page — and using them as a means to further Russia's foreign-policy goals.
Evidence is emerging that the hacking and disinformation campaign waged at the direction of Russian President Vladimir...
6 Dec 2016

United Tech CEO says Trump deal will lead to more automation, fewer jobs

In a TV interview with Greg Hayes, the CEO of United Technologies stated that reasons for keeping jobs in Indiana was government contracts,prospect of favorable regulations. He also said that Mexican workers are 80% cheaper and more dedicated. Furthermore UTC believes that with automation they can stay competitive in the US which will still result in job loss for US workers.
In a TV interview with Greg Hayes, the CEO of United Technologies stated that reasons for keeping jobs in Indiana...
31 Oct 2016

Trump claims Google and Facebook are suppressing Clinton email news

 Donald Trump added another group of actors to the growing list of interests that he claims are "rigging" the election against him. In a tweet on Sunday, the Republican presidential nominee baselessly asserted that technology companies were attempting to tamp down new revelations that the FBI is continuing to investigate Hillary Clinton's use of a private email server while serving as secretary of state. 
 Donald Trump added another group of actors to the growing list of interests that he claims are "rigging" the...

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