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Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment in a conservative publishing house, among other issues.Politico - 7h -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 1d -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - 1d -
Live updates: Democrats turn up heat on Hegseth as Republican alleges hypocrisy
Defense Secretary nominee Pete Hegseth appeared before the Senate Armed Services Committee on Tuesday, the first of President-elect Trump's Cabinet candidates to face confirmation. Democrats tried ...The Hill - 1d -
Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - 3d -
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 - 4d -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - 4d -
Democrats prepare for Affordable Care Act tax credit fight
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Democrats prep case for extended ACA subsidies The extended Affordable Care Act subsidies credited with ...The Hill - 5d -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - 5d -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - 5d -
Meta announces end of DEI programs. Read the internal memo
Meta says it plans to end a number of internal DEI programs, designed to increase the company's hiring of diverse candidates.CNBC - 5d -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - 5d -
Can Democrats Be the Party of the Future Again?
Ro Khanna, a progressive from Silicon Valley, on Big Tech’s rightward lurch.The New York Times - 5d -
The Memo: Trump-Newsom feud ramps up as Los Angeles fires rage on
The feud between President-elect Trump and California Gov. Gavin Newsom (D) is hitting new peaks of intensity as wildfires rage on in Los Angeles. Trump has called on Newsom to resign, while the ...The Hill - 6d -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - 6d -
Laken Riley Act overwhelmingly clears first hurdle in Senate with help from Democrats
The Senate on Thursday overwhelmingly cleared a key procedural hurdle toward passing the Laken Riley Act, a bill aimed at curbing crime by migrants, in the first vote of the year by the chamber. ...The Hill - 6d -
Fetterman to be first sitting Democratic senator to visit Trump at Mar-a-Lago
Democratic Sen. John Fetterman of Pennsylvania has accepted an invitation from President-elect Donald Trump to meet with him at his Mar-a-Lago estate, multiple sources said.CBS News - 6d -
Watch live: Senate Democrats unveil priorities for next two years
Senate Minority Leader Chuck Schumer (D-N.Y.) and other top Democrats will hold a press conference Tuesday afternoon to outline top priorities for the next two years. Vice President Harris gaveled ...The Hill - 6d -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - 6d -
Democratic senator: Alito has made impropriety the norm
Sen. Richard Blumenthal (D-Conn.), a member of the Senate Judiciary Committee, on Thursday blasted conservative Justice Samuel Alito for having a conversation with President-elect Trump amidst ...The Hill - 6d -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - 6d -
How Elon Musk seized on baseless memo claim to fuel wave of misinformation
The X owner shared false claims that a Home Office memo urged police not to intervene in child grooming cases.BBC News - 6d -
Senate Democrats face early test with vote on Laken Riley Act
Democrats will face an early test on how to navigate immigration under President-elect Trump on Thursday when the Laken Riley Act becomes the first bill to hit the Senate floor. The bill, which ...The Hill - 6d -
Dockworkers and port operators strike labor deal, again dodging strike
Automation was at the center of a long-running labor dispute that threatened to close East and Gulf Coast ports.CBS News - Jan. 8 -
The Memo: Trump sparks political fight as Los Angeles wildfires rage
President-elect Trump has sparked a political battle over the wildfires ravaging Los Angeles even as those fires are still far from contained. Any suggestion that the disaster — which has already ...The Hill - Jan. 8 -
More Senate Democrats say they'll vote to advance Laken Riley Act
More Senate Democrats have indicated they plan to vote to advance the Laken Riley Act in a procedural vote this Friday. The bill — which is named for the Georgia nursing student who was killed by ...The Hill - Jan. 8 -
Democrats, not Trump, have been shattering our democratic norms
Democrats are patting themselves on the back for not trying to overturn an election they clearly lost. Don't forget that it's the first time they've done that since 1988, and that they've been ...The Hill - Jan. 8 -
Virginia Democrats hold state Senate seat in Loudon County
Virginia Del. Kannan Srinivasan (D) has defeated Republican Tumay Harding in the special election to fill the seat representing the state Senate's 32nd District, according to Decision Desk HQ. The ...The Hill - Jan. 8 -
How Deep Is the Wound to the Democratic Party?
Is liberalism actually dead this time?The New York Times - Jan. 7 -
Democrats still underestimate Trump
Despite his greatest political win, and arguably America’s greatest presidential recovery, Trump’s opponents continue to act as though his success is a fluke.The Hill - Jan. 7 -
The Memo: Echoes of an earlier Jan. 6 reverberate as Trump’s win is certified by Congress
It was routine — and that was the point. Congress certified President-elect Trump’s election victory in a smooth and relatively brief ceremony Monday. The normalcy of the occasion was a ...The Hill - Jan. 6 -
Gillibrand to head Senate Democrats’ campaign arm
New York Sen. Kirsten Gillibrand (D) has been tapped by Senate Democratic Leader Chuck Schumer (D-N.Y.) to head the Democratic Senatorial Campaign Committee, the Senate Democrats’ campaign arm, for ...The Hill - Jan. 6 -
For Democrats, strategic and bipartisan cooperation is necessary
Recognizing that there are areas where compromise can — and should — be reached while also understanding that Democrats should protect certain core principles is a good first step.The Hill - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
How the Democrats Lost the Working Class
The theory seemed sound: Stabilize financial markets, support the poor and promote a more secure, integrated world. But blue-collar workers were left behind.The New York Times - Jan. 4 -
The Memo: New Orleans mass killing gets pulled into partisan political battle
It took less than 48 hours for the mass killing in New Orleans to be pulled into the partisan debates that are roiling the nation. In the process, some of the political rhetoric ran roughshod over ...The Hill - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
7 rising Democratic leaders to watch
Democrats are scrambling for a new leader to head the party and organize resistance to President-elect Trump following Vice President Harris’s loss in November's election. Several top names have ...The Hill - Jan. 1
