Trump’s tax bill could raise taxes on foreign companies, hurting investment from abroad
A new analysis estimates that the provision would cost the U.S. 360,000 jobs and $55 billion annually over 10 years in lost gross domestic product.
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Congress could soon introduce a very NCAA-friendly bill
On Saturday, NCAA President Charlie Baker sent a letter to members of Congress, reiterating his organization’s main requests and hammering the need for action.
President promotes $1,000 ‘Trump accounts’ for babies
President Trump promoted the program as a pro-family, pro-child initiative at the same time his administration and congressional Republicans face criticism from Democrats over proposed cuts to Medicaid and the Supplemental Nutrition Assistance Program.
Trump tax bill to add $2.4T to deficit, leave 10.9M more uninsured, CBO says
The White House and Republican leaders criticized the Congressional Budget Office’s findings and said the office has a record of inaccurate projections, including underestimating the potential revenue from Trump’s first round of tax breaks in 2017.
Indiana’s tech hub projects still on track despite federal uncertainty, conference panelist says
Indiana’s three planned technology hubs—for which the state has been selected for up to $350 million in federal funding—are still in the works despite ongoing uncertainties on the federal level, according to the Indiana organization coordinating work on all three projects.
White House proposes shutting down chemical safety agency
The proposal to eliminate the Chemical Safety and Hazard Investigation Board is almost certain to face pushback from lawmakers in both parties.
Spike in steel tariffs could show up in grocery aisle
A look around a supermarket makes it clear how many products could be impacted by new taxes on steel and aluminum, from beer and soda to dog food to can after can of beans, fruit, tomato paste and more.
Feds could eye Camp Atterbury as potential site for ICE detainees amid capacity strain
Using Edinburgh’s Camp Atterbury instead of local jails could save the federal government money amid aggressive immigration sweeps.
Supreme Court allows Trump to revoke legal status for 500K migrants for now
The ruling affects migrants from Cuba, Haiti, Nicaragua and Venezuela who have been allowed to live and work in the United States while their immigration cases play out.
Trump administration moves to upend $37B affirmative action program
The program, which is funded by the U.S. government but administered by states, earmarks at least 10 percent of the federal funding for transportation infrastructure to women- and minority-owned contracting firms.
Elon Musk leaving Trump administration after leading effort to slash federal government
Musk’s role working for Trump was always intended to be temporary, and he had recently signaled that he would be shifting his attention back to running his businesses.
Federal court blocks Trump from imposing sweeping tariffs under emergency powers law
The administration swiftly filed notice of appeal—and the Supreme Court will almost certainly be called upon to lend a final answer.
US government to have control in Nippon Steel-U.S. Steel deal, officials say
Combining Nippon Steel—the world’s 4th largest steel producer—and U.S. Steel—the world’s 24th largest—would create the world’s 3rd largest steel producer.
NPR sues Trump over executive order targeting funding
The plaintiffs claim that President Donald Trump exceeded his executive authority and denied them due process rights under the Fifth Amendment, while violating their First Amendment rights in three ways.
Trump wants to end internet-access program for senior citizens, veterans, poor
The Digital Equity Act was intended to fill gaps in broadband access for Americans of all stripes across the country. Trump has branded it as “racist and illegal.”
UPDATE: Trump announces ‘planned partnership’ between U.S. Steel and Nippon
The proposed acquisition, first announced in December 2023, was originally blocked by former President Joe Biden.
FTC abandons Biden-era effort to block Microsoft’s acquisition of Activision Blizzard
The tech giant sought to acquire Activision Blizzard, maker of the popular “Call of Duty” video game.
Trump threatens 50% tariffs on EU and 25% penalties on Apple as his trade war intensifies
U.S. Treasury Secretary Scott Bessent said the goal is to have Apple bring more of its computer chip supply chain into the U.S.
Supreme Court allows Trump to fire independent regulators for now
Since returning to the White House, Trump has fired government watchdogs, members of the boards of independent agencies and rank-and-file federal workers, drawing multiple legal challenges.
Senate votes to block California’s rule banning sale of new gas-powered cars by 2035
California makes up roughly 11% of the U.S. car market, giving it significant power to shape purchasing trends.