How Trump’s Treasury Nominee Allegedly Avoided Nearly $1 Million in Taxes
Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary nomination.
Read more at Inc.
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Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - 13m -
How healthy are Donald Trump’s nominees?
A checkup on how 18 top picks are faring in the Senate.Politico - 2d -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.The New York Times - 5d -
Lockheed-Martin donates $1 million to Trump inaugural committee
Recent major donors to Trump's inaugural committee include Meta, Microsoft, Amazon, Google, Amazon, Apple's Tim Cook, and OpenAI's Sam Altman.CBS News - 6d -
Biden extends legal status of nearly 1 million immigrants
The Biden administration announced it would extend the temporary legal status of nearly 1 million immigrants from El Salvador, Sudan, Ukraine and Venezuela.CBS News - 6d -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - Jan. 3
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The Tech Industry Is Preparing for Trump 2.0 by Not Preparing
Big tech helped Trump win the election, but will small-medium tech reap the benefits?Inc. - 45m -
How Gen Z Bosses Really Feel About Working With Their Own Generation
“Entrepreneurial.” “Spoiled.” “The shortcut generation.” Here’s what four Gen Z founders say about their generational peers – and their advice for how to work with them.Inc. - 1h -
Trump Adviser Says President-Elect Seeks a Way to ‘Preserve’ TikTok
The popular social video platform faces a ban Jan. 19, unless the Supreme Court overturns the law booting it from the United States. Trump wants to put a thumb on the scales because he says it ...Inc. - 1h -
FDA Wants to Curb Nicotine in Cigarettes, But Plan’s Fate Rests With Trump
Officials proposed limiting the amount of nicotine to make cigarettes less addictive, but it’s unclear if the incoming administration will offer support.Inc. - 1h -
Rebuilding L.A. Will Take Workers, Many of Whom Face Deportation
As the fire-ravaged metro region ponders reconstruction and a return to normal, the sizable undocumented labor force may be drastically reduced under Trump’s mass deportation plans.Inc. - 2h
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Watch SpaceX launch Starship flight testing how it will deploy satellites in space
SpaceX is set to launch the seventh test flight of its Starship rocket on Thursday.CNBC - 8m -
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.CNBC - 12m -
F.T.C. Sues Greystar, Largest U.S. Apartment Landlord, Over Hidden Fees
The antitrust and consumer protection agency accused Greystar Real Estate Partners of deceptive pricing, charging tenants millions of dollars in unadvertised fees.The New York Times - 12m -
Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - 13m -
Crypto will not save America’s state and local pensions
U.S. state and local pension funds are looking at speculating on cryptocurrencies to solve their funding crisis.MarketWatch - 13m