A nonpartisan tax analysis group says the proposed House Republican tax cut would leave 28 percent of people facing tax increases by 2027. The Tax Policy Center also says that in 2018, when the measure would first take effect, 12 percent of people would see higher taxes. The group says that next year, there would be an average tax cut…
President Donald Trump’s choice to lead the Federal Reserve says he will work to make sure the Fed stays “vigilant and prepared to respond to changes” in the market. Jerome Powell was introduced by Trump in the Rose Garden. The nominee says the U.S. economy has made “substantial progress” since the 2008 financial crisis and the financial system is much…
Tens of thousands of former students who say they were swindled by for-profit colleges are being left in limbo as the Trump administration delays action on requests for loan forgiveness. The administration is waiting until it can rewrite Obama-era rules designed to protect those who say they were defrauded. The for-profit college industry had sought a rewrite of the rules,…
Simmering tensions between President Donald Trump and his attorney general appear to be cooling down. The White House says Trump has “100 percent” confidence in his Cabinet. That would include Attorney General Jeff Sessions, whom Trump has publicly belittled in recent weeks. Trump has called Sessions “weak” and “beleaguered” and expressed disappointment in Sessions’ decision to step aside from the…
Key dates in the tenure of Jeff Sessions, a Republican former U.S. senator from Alabama and early endorser of Donald Trump, who became Trump’s attorney general: -Feb. 28, 2016: Sessions, a former Alabama attorney general and four-term U.S. senator, endorses Trump for president. -March 3: Trump names Sessions to lead his campaign’s foreign policy advisory team. -July 2016: Sessions talks…
First Amendment advocates are suing President Donald Trump, saying some of his critics have been unconstitutionally blocked from following him on Twitter. The lawsuit was filed Tuesday in Manhattan federal court by the Knight First Amendment Institute at Columbia University. The lawsuit says Twitter has become an important public forum for the president and he frequently makes public announcements there….
Donald Trump’s spokeswoman says the president was pleased with Attorney General Jeff Sessions’ testimony in front of Congress Tuesday. Sarah Huckabee Sanders tells reporters aboard Air Force One that the president wasn’t able to watch much of Sessions’ testimony. But she says he thought Sessions “did a very good job” and was especially “strong” on denying any collusion between Trump’s…
President Donald Trump says he’ll announce his decision on whether he’ll pull the U.S. out of the Paris climate accord during a Rose Garden event Thursday. Trump says on Twitter that he’ll be making the announcement Thursday at 3 p.m. He ends the tweet with his campaign slogan, “MAKE AMERICA GREAT AGAIN!” A senior White House official said Wednesday that…
President Donald Trump has scheduled another phone call with Russian President Vladimir Putin. The White House did not immediately respond to questions about the expected topics of the conversation. But the bloody civil war in Syria and Putin’s continued backing of Syrian President Bashar Assad loom large. Trump and Putin have spoken several times since Trump’s election, including last month…
President Donald Trump is blasting a court for halting what he’s calling a “watered-down version” of his travel ban. Trump told supporters Wednesday at a campaign-style rally in Nashville, Tennessee, that he learned that a district judge in Hawaii had halted his order, which temporarily suspends the U.S. refugee program and bars the entry of people from certain Muslim-majority countries….
