Latest in These five Republicans are ready to derail Trump's tax cuts over the SALT cap
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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 - 1h -
Small-cap crypto rallies ahead of Trump inauguration, bitcoin trades at $100,000
Cryptocurrencies jumped as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump's inauguration.CNBC - 2h -
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.Inc. - 4h -
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.CNBC - 5h -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - 7h -
What to Know About the E.V. Tax Credit That Trump Might Repeal
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.The New York Times - 13h -
A Euphoric Tech Industry Is Ready to Celebrate Trump and Itself
The elite of Silicon Valley are set to revel in their new clout during a long weekend of inaugural parties as President-elect Donald J. Trump is set to resume power.The New York Times - 13h -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - 2d -
Small-cap stocks face heightened risk with rate cuts in question, warns BofA
The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.MarketWatch - 3d -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - 4d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - 4d -
SALT-focused Republicans to meet with Trump as they threaten to hold up bill
Republicans who are pledging to withhold support for President-elect Trump’s ambitious agenda if the state and local tax (SALT) deduction cap is not raised are set to meet with the incoming ...The Hill - 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 - 6d -
Kremlin Confirms Readiness for Putin to Meet Trump
The president-elect had said Russia’s leader wanted to meet him to discuss the war in Ukraine. The Kremlin said it welcomed such dialogue, but a meeting could occur only after Mr. Trump took office.The New York Times - 6d -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - 6d -
Putin is ready for summit with Trump, says Kremlin
US president-elect says meeting being set up, emphasising a push to end war in UkraineFinancial Times - 6d -
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 - 6d -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - 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 -
Trump to host Republican governors at Mar-a-Lago
President-elect Trump is hosting a slew of Republican governors at his Mar-a-Lago estate on Thursday night, seeking to get state leaders on the same page before he takes office later this month. ...The Hill - Jan. 9 -
Eagles' Mekhi Becton ready for first trip to playoffs in comeback campaign after five losing seasons with Jets
Becton is emotional for his first playoff trip, but readyCBS Sports - Jan. 9 -
Victory over Maryland caps a successful sweep on USC’s first big East Coast trip in the Big Ten
JuJu Watkins and Southern California figured to do a lot of traveling in the Trojans’ first season in the Big Ten.Yahoo Sports - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Republican v Republican: can Trump play peacemaker within his own party?
The president-elect’s intervention in Mike Johnson’s speakership win was a sign of his power over the party – but it was only the first test of many. Donald Trump to the rescue.. With Mike ...The Guardian - Jan. 8 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
Ready or not, here he comes: The ascendance of Donald J. Trump
Donald Trump is perhaps the best prepared new president in history. His legacy depends on his success.The Hill - Jan. 7 -
Dem Rep. Bera ready to meet Republicans '50-yard-line,' and even '40-yard-line' since they're in majority
Rep. Ami Bera (D-Calif.) said on Monday he is ready to meet Republicans “at the 50-yard-line” and even at “the 40-yard-line” due to them being “in the majority.” “So, the American public clearly ...The Hill - Jan. 7 -
Trump to meet with Senate Republicans on Wednesday
President-elect Trump will be on Capitol Hill on Wednesday at the invitation of Senate Republican leadership, according to three sources familiar with the invitation. GOP leaders haven’t released ...The Hill - Jan. 6 -
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France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Harris readies to certify Trump’s election win – and her decisive defeat
Kamala Harris is readying on Monday to certify the 2024 election results, affirming President-elect Trump’s victory as well as her decisive defeat to him after a whirlwind run for ...The Hill - Jan. 6 -
Congress is ready to certify Trump's election win, but Jan. 6 legacy hangs over day
Congress plans to convene amid a snowstorm to certify the 2024 election results for President-elect Donald TrumpABC News - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Get ready to rumble if Trump tries to eliminate the Dept. of Education
Though most Americans have little idea what the Department of Education does, there are many reasons it has withstood decades of GOP attacks.The Hill - Jan. 5 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
Republican-run states see opportunity to push extreme policies under Trump
Emboldened red states could advocate for rightwing reforms from steep tax cuts to slashes to education. Republican state lawmakers and conservative leaders around the United States see Donald ...The Guardian - Jan. 1