Business advocacy groups are going on the offensive against a financial transaction tax that’s been proposed by Democrats as a way to curtail high-frequency trading and reduce the budget deficit. Groups from the political arm of the influential Koch network to the U.S. Chamber of Commerce are already gearing up for a battle with Democrats […] Read more

The United States is planning to delay a menu of additional Chinese tariffs that were scheduled to begin on March 1, President Donald Trump announced on Sunday, as the world’s two largest economies hash out a definitive end to a wide ranging trade dispute. In a series of posts on Twitter, Trump cited “substantial progress” […] Read more

Federal prosecutors, including current Labor Secretary Alex Acosta, violated the rights of sex criminal Jeffrey Epstein’s victims during their investigation of the once-influential financier a decade ago, a judge ruled on Thursday. U.S. District Judge Kenneth Marra slammed the government for failing to notify Epstein’s victims that it had reached a non-prosecution agreement with Epstein […] Read more

The government’s top ethics watchdog disclosed Tuesday that it had refused to certify a financial disclosure report from Commerce Secretary Wilbur Ross. In a filing, the Office of Government Ethics said it wouldn’t certify the 2018 annual filing by Ross because he didn’t divest stock in a bank despite stating otherwise. The move could have […] Read more

Justice Department officials were so concerned about President Donald Trump’s fitness for office in May 2017 that they discussed whether Trump could be removed from office by convincing Vice President Mike Pence and a majority of the president’s Cabinet to invoke the 25th Amendment of the Constitution, former FBI Deputy Director Andrew McCabe reportedly says […] Read more

The Republican chairman and ranking Democrat of the Senate Select Committee on Intelligence on Tuesday blasted President Donald Trump’s former lawyer Michael Cohen for missing a planned appearance before that committee due to purported medical issues, less than a month before he is due to begin serving a three-year prison sentence. Committee Chairman Sen. Richard […] Read more

Republican Sen. Marco Rubio is pushing a new proposal that tackles one of Democrats’ favorite talking points: stock buybacks. The plan, unveiled Tuesday, would eliminate the preferential tax treatment of capital gains as a way to discourage companies from pursuing share repurchases. Instead, Rubio wants to tax capital gains as if they were dividends, which […] Read more

Twitter this week suspended at least two accounts suspected of troll-like behavior targeting presidential contender Sen. Kamala Harris of California as well as other Democratic candidates. The accounts were created recently and had few followers. But they posted easily shareable content about the senator’s record as a prosecutor that earned an outsized audience on the […] Read more

Sen. Cory Booker launched a bid for the Democratic presidential nomination on Friday. He is the second black candidate to enter the race, following Sen. Kamala Harris of California. Friday is the first day of Black History Month. The New Jersey Democrat’s entrance into the race was widely expected. The charismatic senator and former mayor […] Read more