Politics


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Report: Trump Admin Officials Invented Cover Story For Trump’s North Korea Tweet

Trump administration officials who demanded that they not be named used a false cover story to explain away a bizarre tweet by President Donald Trump on supposed “additional sanctions” against North Korea, Bloomberg News reported Tuesday. The hubbub started with Trump’s tweet on Friday, which inexplicably said he had “ordered the withdrawal” of “additional Sanctions” 0n North Korea announced by the Treasury Department “today” — even though no such sanctions existed. It was announced today by...
Tags: News, Donald Trump, North Korea, Sanctions, Trump tweets, Matt Shuham


Rubio: ‘Not Helpful’ For Trump To Withdraw North Korea Sanctions Via Tweet

Sen. Marco Rubio (R-FL) on Sunday said that it was “not helpful” for President Donald Trump to publicly withdraw sanctions against North Korea on Twitter. “Something happened between the time it was announced and the time that the President put out that statement,” Rubio told NBC News’ Chuck Todd. “I don’t know the answer to be honest. I don’t know why he would do that or why it happened the way it did. It’s unusual. It’s never happened before.” In a tweet Friday, Trump said “It was announced...
Tags: News, North Korea, White House, Kim Jong Un, Treasury, Venezuela, Kim, Sanctions, Donald Trump, Nicolás Maduro, Trump, Rubio, Chuck Todd, U S Treasury, Treasury Department, Donald J Trump


US announces new financial sanctions on Venezuela after 'illegal' arrest of Juan Guaido's chief of staff

The Trump administration on Friday announced additional sanctions for Venezuela in response to what it describes as the illegal arrest of opposition leader Juan Guaido's chief of staff. The Treasury Department announcement came while the President Donald Trump met with leaders from five Caribbean nations, where Venezuela was at the top of the agenda. The region has been far from united in joining the US call for the ouster of President Nicolas Maduro. The department is specifically targeting...
Tags: News, Congress, White House, China, Africa, US, United States, Treasury, Venezuela, Donald Trump, Nicolás Maduro, St Lucia, Haiti, Latin America, Caribbean, Trump


Top Clinton And Obama-Era WH Economist Alan Krueger Dies At 58

Princeton University says Professor Alan Krueger, a groundbreaking economist who served as a top adviser in two Democratic administrations, has died. Princeton did not disclose the cause of death. Krueger, 58, was an expert on the labor market and in particular on the impact of a minimum wage. His research concluded that a higher minimum wage did not generally slow hiring as many conservative critics have argued. After serving as a Labor Department economist under President Bill Clinton, Krueg...
Tags: News, Obama Administration, Barack Obama, Treasury, Princeton, Clinton, Princeton University, Council of Economic Advisers, Krueger, Labor Department, Alan Krueger, Summer Concepcion, Clinton Administration, Bill Clinton Krueger, AP story, Obama Era WH Economist Alan Krueger


As the Congress Turns: In presidential probes, many So Cal reps play starring roles

With Democrats in control of the U.S. House of Representatives, committees are stepping up investigations and oversight of Trump administration practices and policies. Here’s a look at the Southern California reps in position to play the biggest roles in those hearings: Adam Schiff, D-Burbank Role: Chairman, House Intelligence Committee, leading congressional Democrats’ investigation of Russia’s ties to President Trump and his 2016 campaign. Trump has tried accusing Schiff of ethics violations, ...
Tags: Google, Twitter, Justice, Congress, California, White House, Russia, America, Los Angeles, Sport, Soccer, Gop, Commerce, House, Va, Treasury


Treasury Secretary Steven Mnuchin Grilled Over Interest in Wife’s Production Company

WASHINGTON — Treasury Secretary Steven Mnuchin was asked in a Senate hearing about a continued potential interest in Stormchaser Films, the production company founded by his wife, Louise Linton. Sen. Ron Wyden (D-Ore.), the ranking member of the Senate Finance Committee, said at a hearing on Thursday that the concern is that “there has been […]
Tags: Politics, News, Washington, Senate, Treasury, Ron Wyden, Production Company, Senate Finance Committee, Steven Mnuchin, Louise Linton, Stormchaser Films, Louise Linton Sen Ron Wyden


Brexit: MPs vote by 412 to 202 to extend article 50 until 30 June – Politics live

Majority of 210 for government motion means Theresa May will now seek extension from EU for departure dateHow would an extension to article 50 work?How did each MP vote in this week’s Brexit motions? 7.12pm GMT Liz Truss, the chief secretary to the Treasury, has confirmed that she voted against the government motion. That does not count as a rebellion, because it was a free vote, but one can assume that Theresa May did not find it helpful.I voted against a delay to Brexit. As a delay was pas...
Tags: Europe, Politics, Eu, European Union, Conservatives, UK News, World news, Theresa May, Foreign Policy, Labour, House Of Commons, John Bercow, Treasury, Philip Hammond, Parliament, Article 50


Trump's FY 2020 budget proposes more IRS money

The White House's fiscal year 2020 budget proposal was delivered to Capitol Hill today. (Screenshot from AP video via USA Today) The Trump White House today released its fiscal 2020 budget request. The annual fiscal request for money is a month later than usual this year because of the 35-day government shutdown. In his latest budget proposal, Donald J. Trump asks for $8.6 billion for the border wall. He's also calling for spending cuts of $2.7 trillion, the largest proposed reduction eve...
Tags: Budget, Taxes, Congress, Senate, White House, Ap, House, Treasury, Capitol Hill, Sam, Irs, Trump, U S Treasury, Donald J Trump, Olson, National Taxpayer Advocate


UK vulnerable to money laundering on a massive scale, find MPs

‘Fragmented’ system inadequate to prevent influx of dirty money, says Treasury committeeHundreds of billions of pounds could be being laundered through the UK every year, but the government is unable to give a precise figure of the scale of the problem, MPs have found.In a report on economic crime, the Treasury committee said the scale of the problem in the UK was very uncertain, with estimates ranging from tens of billions of pounds upwards. Continue reading...
Tags: Business, Politics, UK, Crime, Hmrc, UK News, Tax Avoidance, Treasury


Senator demands details on Michael Cohen banking data privacy breach by IRS employee

Michael Cohen makes his opening statement before the House Oversight Committee on Feb. 27, 2019. (C-SPAN video screenshot) We have a complicated relationship with money, particularly when it comes to divulging details about it in our personal lives. Few of us (outside of personal finance bloggers) want to say how much we make. We tend to be vague, saying we're doing fine or perhaps going as far as to say things like "in the high five figures." We're a little more forthcoming when it comes...
Tags: Taxes, Congress, Senate, White House, New York City, San Francisco, United States, Iowa, House Of Representatives, Treasury, Irs, Trump, Sfc, Senate Judiciary Committee, Cohen, Stormy Daniels


Mnuchin Halts Payments Into Two Gov’t Retirement Funds To Avoid Debt Ceiling

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin informed Congress on Monday that he will stop making payments into two government retirement funds now that the debt limit has gone back into effect. In a letter to congressional leaders, Mnuchin said that he would stop making investments into a civil service retirement fund and a postal service retirement fund. These are among the actions that Mnuchin is allowed to take to keep from exceeding the debt limit, which went back into effect on Sa...
Tags: News, Congress, Washington, Barack Obama, Ap, United States, Treasury, Treasury Department, Congressional Budget Office, Standard and Poor, Mnuchin, Steven Mnuchin, Summer Concepcion, AP story, Retirement Funds, Civil Service Retirement and Disability Fund


This $550M fund is bringing green tech from the West to China, despite trade tensions

Escalating trade frictions between the U.S. and China have a range of businesses and investors in both countries sweating, but some believe there remains a bright spot where the antagonists can find common ground — fighting environmental issues. One of them is the U.S.-China Green Fund, which does exactly as the name suggests — financing projects in the U.S. (and the west in general) and China that yield both financial and environmental returns. The fund recently closed its maiden fund of 3.7 bi...
Tags: Google, Energy, Uber, Asia, Microsoft, Obama, China, Funding, Barack Obama, Linkedin, Tech, Chicago, Beijing, West, Xi Jinping, President


Trump Organization Says It Gave $200,000 Profits From Foreign Government to the U.S. Treasury

The voluntary donation is up from $151,470 to cover Trump's first year in office
Tags: News, White House, Uncategorized, Treasury, Courts, Trump, U S Treasury, Trump Organization, Onetime, Trump Organization Says It Gave


Contemplating Trump's taxes (again) on Presidents Day

Today technically is George Washington's Birthday, but we've come to call it Presidents Day in honor of all our commanders in chief, like these four greats on Mount Rushmore National Memorial. (Image courtesy Mount Rushmore Facebook page) How are you celebrating George Washington's birthday? Yep, that's what today officially is, despite all the Presidents Day sale signs in retailers' windows. Technically, America's first president was born on Feb. 22, 1731. However, since 1971 we've celeb...
Tags: Google, Amazon, Taxes, Congress, Washington, White House, Massachusetts, America, Gop, United States, House, House Of Representatives, Treasury, Capitol Hill, Lincoln, Irs


Elizabeth Warren to speak in Glendale on Monday

GLENDALE — Massachusetts Sen. Elizabeth Warren is set to speak Monday night in Glendale at what is billed as an organizing event for her campaign for the Democratic presidential nomination. Doors will open at the Alex Theatre, 216 N. Brand Blvd., at 6 p.m., with the event beginning at 7 p.m. Admission is free. Tickets aren’t required, but an RSVP to www.facebook.com/events/2264881000236841/ is strongly encouraged. Admission will be first-come, first-served. Capacity at the Alex Theatre is 1,413....
Tags: Politics, News, California, Senate, Massachusetts, Elizabeth Warren, Los Angeles, Barack Obama, Georgia, Sport, Soccer, Glendale, Treasury, Warren, Nevada, Eric Garcetti


Gavin Williamson at centre of row over chancellor’s cancelled China trip

Senior Conservatives call for defence minister to be reined in after upset in Beijing over his commentsThe defence secretary, Gavin Williamson, was at the centre of a growing cabinet row on Saturday night as senior government sources blamed him for offending the Chinese and causing the cancellation of a crucial trade visit to Beijing by the chancellor, Philip Hammond.Senior Conservatives said it was time to rein in Williamson, who has earned the nickname Private Pike in Whitehall after a series ...
Tags: Politics, China, UK News, World news, Beijing, Asia Pacific, Foreign Policy, Defence policy, Treasury, Philip Hammond, Defence, Whitehall, Pacific, South China Sea, Elizabeth, Williamson


Hammond's trip to China scuppered by Williamson's 'gunboat diplomacy'

Beijing reportedly scrapped plans for chancellor’s visit after defence secretary’s remarksPhilip Hammond is not going to China this weekend for trade talks, following reports that Beijing scuppered advanced preparations for a meeting after the defence secretary, Gavin Williamson, threatened to deploy a warship in the Pacific.The UK chancellor was expected to meet the Chinese vice premier, Hu Chunhua, but Treasury sources said the trip was never confirmed. It is believed that there is an internal...
Tags: Politics, UK, China, George Osborne, UK News, World news, Beijing, Military, Asia Pacific, Foreign Policy, Royal Navy, Treasury, Philip Hammond, Defence, Pacific, Hammond


Williamson accused of 'gunboat diplomacy' over China warship threat

Philip Hammond’s planned trip to Beijing reportedly scuppered by defence secretary’s remarksPhilip Hammond is not going to China this weekend for trade talks, following reports that Beijing scuppered advanced preparations for a meeting after the defence secretary, Gavin Williamson, threatened to deploy a warship in the Pacific.The UK chancellor was expected to meet the Chinese vice premier, Hu Chunhua, but Treasury sources said the trip was never confirmed. It is believed that there is an intern...
Tags: Politics, UK, China, George Osborne, UK News, World news, Beijing, Military, Asia Pacific, Foreign Policy, Royal Navy, Treasury, Philip Hammond, Defence, Pacific, Hammond


Democrats vow to fight Donald Trump's 'unlawful' national emergency as he reveals $8bn border wall plan

Democrats and campaign groups have vowed to fight Donald Trump’s “unlawful” national emergency declaration as he revealed plans to raid existing government funds to build his Mexico border wall.  The US president hopes to gather $8 billion through various means to construct barriers along America’s southern border, declaring at a White House press conference that “walls work 100 per cent”.  Most controversial is the $3.6 billion Mr Trump wants to redirect from existing military construction proj...
Tags: Texas, News, Supreme Court, Congress, Mexico, Senate, White House, US, America, Ap, Shinzo Abe, House Of Representatives, Treasury, Pentagon, Nancy Pelosi, Donald Trump


Trump says he’ll sign national emergency to fund border wall

WASHINGTON  — The Latest on President Donald Trump and border security (all times local): 10:55 a.m. President Donald Trump says he’ll be declaring a national emergency so he can build a southern border wall. Trump did not say on Friday when he would make such a declaration, but the move will allow him to bypass Congress to spend more money to erect barriers on the U.S.-Mexico border. Congress has given Trump about $1.4 billion for border barriers, well below the $5.7 billion Trump has insisted ...
Tags: Texas, News, Congress, Washington, Mexico, White House, Immigration, Uncategorized, Sport, Soccer, Gop, Treasury, Donald Trump, Defense Department, Puerto Rico, Southwest


The Lobbying Swamp Is Flourishing In Trump’s Washington

At least 33 former officials — including ex-Interior Secretary Ryan Zinke — have found ways to sidestep the administration’s ethics pledge. Of those, at least 18 are now registered federal lobbyists and the rest work in jobs that closely resemble lobbying. It’s been more than two years since President Donald Trump, who rallied campaign supporters with calls to “drain the swamp” of lobbyists and their ilk, took office. But despite that campaign promise, Washington influence peddlers continue ...
Tags: Amazon, News, Obama, Congress, California, Washington, Senate, White House, Politico, San Francisco, Dhs, House, Hsbc, Cigna, Treasury, Homeland Security


Hammond’s Brexit ‘dividend’ claim rejected as UK economy stalls

Chancellor’s claim undermined as rapid slowdown in GDP growth is revealedPhilip Hammond’s claim that Britain can reap an economic dividend from Theresa May’s Brexit deal has been flatly rejected by MPs, as official figures confirmed the UK has suffered its worst year for GDP growth since 2012.In a highly critical report, the Treasury select committee warned that the chancellor’s claims of a “deal dividend” if Britain avoided a no-deal exit lacked credibility. Continue reading...
Tags: Business, Politics, UK, Economics, European Union, UK News, Britain, Theresa May, Economic policy, Treasury, Philip Hammond, Manufacturing sector, Brexit, Hammond, Economic growth (GDP


Treasury says you'll get your refund -- even if there's a shutdown

The Trump administration is taking steps to make sure American taxpayers won't feel the impact if the White House and Congress can't avert a second partial government shutdown this week.
Tags: Congress, White House, Cnn, Treasury, Trump


US team in Beijing for trade talks

US negotiators were in Beijing on Monday for another round of talks on a trade deal with the clock ticking towards a March 1 deadline set by President Donald Trump. Preliminary discussions by lower-level officials were to be held, before US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin step in for the main event on Thursday and Friday. Deputy trade representative Jeffrey Gerrish would lead the US delegation in preparatory meetings to begin on Monday, the White Ho...
Tags: News, White House, US, Beijing, Treasury, Donald Trump, Steven Mnuchin, Robert Lighthizer, Jeffrey Gerrish, US Trade


House Dems Lay The Groundwork For Obtaining Donald Trump’s Tax Returns

House Democrats began Thursday the careful process of creating an official record for why they should be allowed to see President Donald Trump’s tax returns.  Democrats first move toward obtaining the Trump tax returns came at a Ways and Means subcommittee hearing ostensibly devoted to a portion of a new legislative package that would force presidential and vice presidential candidates to disclose 10 years of their tax returns. But, expecting a vigorous fight with White House that will li...
Tags: News, Congress, White House, House, Treasury, Paul ryan, Donald Trump, Irs, Trump, Nixon, Richard Nixon, John Lewis D Ga, Thorndike, House Ways and Means Committee, DelBene, Ways and Means


How Democrats Plan On Getting Trump’s Tax Returns

House Democrats may be on the verge of making their first big investigative move in the new Congress: requesting President Trump’s tax returns. Party activists – and the base – have been disenchanted so far with the slow place. Democrats have been in power for more than a month now, with the authority to make the request thanks to their control of the House Ways and Means Committee. But few expect the Trump Administration to comply, setting up a lengthy court battle over the returns, which Tr...
Tags: News, Supreme Court, Congress, White House, Democrats, House, Treasury, Party, University Of Virginia, Trump, Richard Nixon, Neal, Joint Committee on Taxation, House Ways and Means Committee, Richard Neal, Trump Administration


Memo: Trump Inaugural Chair’s Firm Aimed To Exploit Admin, Foreigner Connections

The memo outlines how Colony, the company founded by Tom Barrack, an investor who chaired the inaugural, aimed to exploit its connections to Donald Trump. Federal prosecutors are conducting a wide-ranging probe into the nonprofit that ran the inaugural. The investment firm founded by the chairman of Donald Trump’s inaugural committee, Tom Barrack, developed a plan to profit off its connections to the incoming administration and foreign dignitaries, according to a confidential memo obtained b...
Tags: News, Washington, Saudi Arabia, White House, Nbc News, Qatar, Fbi, Tennessee, Middle East, United Arab Emirates, Treasury, Manhattan, Las Vegas, Donald Trump, Colony, Trump


Trump Had Dinner With Fed Chairman Jerome Powell After Months Of Insults

WASHINGTON (AP) — The Federal Reserve says Chairman Jerome Powell had dinner at the White House with President Donald Trump on Monday, but the two men did not discuss the future course of interest rates. The Fed says Trump and Powell were joined by Treasury Secretary Steven Mnuchin and Federal Reserve Vice Chairman Richard Clarida. The dinner marks the first time Trump and Powell have met since Trump picked him for the top Fed job in November 2017. During the last three months of 2018, Trump ...
Tags: News, Washington, White House, Ap, Treasury, Federal Reserve, Donald Trump, Trump, Fed, Powell, Jerome Powell, Steven Mnuchin, Richard Clarida, Kate Riga, Trump Had Dinner With Fed


I'm a civil servant. Trust me, we're nowhere near ready for no-deal Brexit | Anonymous

Operation Yellowhammer from the inside? It’s like the Office meets the Poseidon Adventure, with a Benny Hill soundtrackI’m a civil servant working for a UK government department. We haven’t been directly convulsed by Brexit yet, but hundreds of us will soon be conscripted into the Brexit crisis thunderdome. Welcome to Operation Yellowhammer. This is basically an emergency plan that prepares the government for a no-deal Brexit. It is currently winkling thousands of officials from across Whitehall...
Tags: Europe, Politics, UK, European Union, UK News, World news, Civil Service, Foreign Policy, Home Office, Treasury, Article 50, Whitehall, Brexit, Cabinet Office, Benny Hill, Department for International Trade


Trump to choose Treasury's Malpass to lead World Bank: sources

The nomination of Malpass would put a Trump loyalist and a skeptic of multilateral institutions in line to lead the World Bank, which committed nearly $64 billion to developing countries in the year ended June 30, 2018. Politico, which first reported the decision, said it would be announced on Wednesday, citing unidentified administration officials. Spokespersons for the White House and the U.S. Treasury declined comment.
Tags: News, White House, Treasury, World Bank, Trump, U S Treasury, Malpass



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