US Politics in Trump era Public date: 03.10.2019 13:07:34

Publisher: CNBC

Author:

23 Jul 2019

Betsy DeVos profits after Trump tax bill and deregulation

Business leaders and their companies have profited royally off of President Donald Trump’s pro-business policies.Secretary of Education Betsy DeVos and her family are among the groups that have seen an income boon of millions through their own investments since Trump’s tax reform plan was signed, according to her latest annual financial disclosure report.
Business leaders and their companies have profited royally off of President Donald Trump’s pro-business...

Publisher: CNBC

Author:

7 Jun 2019

Trump’s Mexico tariff threat worries US farmers already hit by China trade war

President Donald Trump’s threatened 5% tariff on all Mexican imports could hit American farmers especially hard if Mexico retaliates with punitive duties on U.S. agricultural products. Farmers are already reeling from Trump’s drawn out trade war with China and fear further losses could be in their futures.
President Donald Trump’s threatened 5% tariff on all Mexican imports could hit American farmers especially hard if...

Publisher: CNBC

Author:

30 May 2019

Transportation Secretary Chao reportedly retained construction co. stake she pledged to divest

Transportation Secretary Elaine Chao has held onto her shares of Vulcan Materials, a construction company she promised to divest from more than a year ago, The Wall Street Journal reported Tuesday. Vulcan, the U.S.′ largest supplier of sand and gravel used in paving and building, has seen its stock price rise more than 12% since April 2018, when Chao said she would cash out her shares, according to a 2017 government ethics agreement.
Transportation Secretary Elaine Chao has held onto her shares of Vulcan Materials, a construction company she promised...

Publisher: CNBC

Author:

19 Dec 2018

Dozens of complaints against Brett Kavanaugh are dismissed

Federal judges reviewing complaints lodged against Supreme Court Justice Brett Kavanaugh said Tuesday that the allegations against the former federal appeals court judge are "serious" but that they must dismiss them without determining their merits because of Kavanaugh's October confirmation by the U.S. Senate.
Federal judges reviewing complaints lodged against Supreme Court Justice Brett Kavanaugh said Tuesday that the...

Publisher: CNBC

Author:

20 Sep 2018

Jack Ma: Alibaba is no longer planning to create 1 million US jobs

Jack Ma, founder and chairman of Chinese retail giant Alibaba, says the company no longer plans to create 1 million jobs in the United States in the wake of the ongoing trade conflict between the U.S. and China.
Jack Ma, founder and chairman of Chinese retail giant Alibaba, says the company no longer plans to create 1 million jobs...

Publisher: CNBC

Author:

12 Jul 2018

Global debt hits a new record at $247 trillion

Global debt has hit another high, climbing to $247 trillion in the first  quarter of 2018, according to a report published Wednesday. Of that figure, the non-financial sector accounted for $186 trillion.. “Firms have used artificially low rates to borrow in the capital markets and only buy back stock in the equity market,” LaVorgna said. “The inherent instability of debt over equity financing suggests that the next downturn could hit investment spending unusually hard.”
Global debt has hit another high, climbing to $247 trillion in the first  quarter of 2018, according to a...

Publisher: CNBC

Author:

30 Jun 2018

How Mitch McConnell made Donald Trump

When I visited McConnels library at the university of Louisville while researching my 2014 biography on McConnell, I was struck by what was missing: exhibits on actual  governing accomplishments from the Senate majority leader’s four decades in elected office. That absence confirmed my thesis that McConnell, far more even than other politicians, was motivated by the game of politics — winning elections and rising in the leadership ranks, achieving power  for power’s sake — more than by any lasting policy goals.
When I visited McConnels library at the university of Louisville while researching my 2014 biography on...

Publisher: CNBC

Author:

28 Jun 2018

Koch network attacks Senators who voted against spending cuts

Starting over Fourth of July weekend, the political network funded by billionaire industrialist Charles Koch is planning to release attack ads targeting seven senators who voted against President Donald Trump's $15.4 billion spending cuts package
Starting over Fourth of July weekend, the political network funded by billionaire industrialist Charles Koch is planning...

Publisher: CNBC

Author:

13 Jun 2018

Mueller warns that election, politics meddling by foreigners is still happening

Special counsel Robert Mueller  said Tuesday that election meddling operations like those conducted by Russia during the 2016 presidential election are still occurring. "Uncharged individuals and entities" are still engaging in operations similar to those charged in a case involving 13 Russian nationals and three entities accused of illegally interfering in U.S. politics, Mueller said.
Special counsel Robert Mueller  said Tuesday that election meddling operations like those...

Cozy land deals meant big money for Donald Trump’s family and friends

The purchase of three properties by President Trump's  son-in-law on the banks of a toxic Brooklyn canal triggered a series of  unusual real estate deals and a windfall profit from transactions  financed by a bank tied to the Trump family. The property transactions totaling more than $150 million began in late 2014 and early 2015 and included sales prices well above the assessed value of the parcels, as well as high-risk loans that experts said raise red flags. At the center of each deal is either Jared Kushner or Michael Cohen, whose business dealings have attracted close scrutiny from prosecutors and regulators since Trump's election.
The purchase of three properties by President Trump's  son-in-law on the banks of a toxic Brooklyn canal triggered...

Publisher: CNBC

Author:

5 Feb 2018

Treasury set to borrow nearly a trillion in 2018 and more beyond

Last week, in a development first reported by The Washington Post, the Treasury Department quietly released data estimating its 2018 borrowing needs would check in at $955 billion, then top $1 trillion in the next two fiscal years.  Those sums are considerably higher than last year's $519 billion in debt issued, and an upward revision to estimates released by the Treasury in late 2017.
Last week, in a development first reported by The Washington Post, the Treasury Department quietly released data...

Publisher: CNBC

Author:

27 Apr 2017

Trump has a plan to change the tax code to make himself much, much richer

President Trump is planning to include a massive cut in the top tax rate on "pass-through" companies, from its current level of 39.6 percent to a mere 15 percent, the Wall Street Journal's Michael Bender and Richard Rubin report. This will be sold as a boost for small businesses, and it is, but it is mostly a huge giveaway to the rich — including the president himself.
President Trump is planning to include a massive cut in the top tax rate on "pass-through" companies, from its current...

Ivanka Trump brand says it’s ringing up some of its biggest sales ever

Amid a tug-of-war between consumers who either love or loathe the Ivanka  Trump brand, the company's president said it has rung up near record  sales since Nordstrom dropped the collection from its stores in February.
Amid a tug-of-war between consumers who either love or loathe the Ivanka  Trump brand, the company's...

Publisher: CNBC

Author:

17 Feb 2017

Judge orders EPA nominee Scott Pruitt to turn over emails

An Oklahoma County District Court judge on Thursday ordered President Donald Trump's nominee to lead the EPA to turn over thousands of communications to a watchdog group. The order is the latest turn in a lawsuit against Oklahoma Attorney General Scott Pruitt brought by the Center for Media and Democracy earlier this month. CMD charges Pruitt violated the Oklahoma Open Records Act for declining to make public official documents the group has requested since 2015.
An Oklahoma County District Court judge on Thursday ordered President Donald Trump's nominee to lead the EPA to turn...

Publisher: CNBC

Author:

21 Dec 2016

Trump’s sons reportedly involved in charity event offering access to president-elect

Donald Trump Jr. and Eric Trump are listed as "honorary co-chairmen" for the "Opening Day 2017" event, which is seeking donations for unnamed "conservation charities," according to a draft event brochure obtained by TMZ. The brochure posted by TMZ touts several packages that range from $25,000 to $1 million. The most expensive "Bald Eagle" package lists "a private reception and photo opportunity for 16 guests" with the president-elect and a multiday hunting or fishing trip with his sons, among other perks
Donald Trump Jr. and Eric Trump are listed as "honorary co-chairmen" for the "Opening Day 2017"...
3 Aug 2016

Trump asks why US can’t use nukes: MSNBC’s Joe Scarborough reports

Trump asked a foreign policy advisor why the U.S. can't use nuclear weapons, MSNBC's Joe Scarborough says, citing an unnamed source and then asked Hayden about the process in such an event and the response is that the system is built for quick execution once decision is made.
Trump asked a foreign policy advisor why the U.S. can't use nuclear weapons, MSNBC's Joe Scarborough says, citing an...

Leave a Comment

Your email address will not be published. Required fields are marked *

Name *