After getting rebuked by Donald Trump, Prime Minister Theresa May said publicly in a news conference that U.S. president was wrong to post on social media unverified posts by a far-right anti-Muslim British activist.“I’m very clear that retweeting from Britain First was the wrong thing to do,” May said after a speech in Amman, the…
At the heart of the debate is whether to more favorably treat small businesses and other so-called pass-through entities — businesses whose profits are distributed to their owners and taxed at rates for individuals. Seventy percent of pass-through income flows to the top 1 percent of American earners, according to research by Owen Zidar, an…
By CHRIS CIRILLO | Nov. 28, 2017 | 1:57 A handful of Republican senators are on the fence about President Trump’s tax plan. Here are their concerns. Related: article: Senators Scramble to Advance Tax Bill That Increasingly Rewards Wealthy
President Donald Trump said differences over immigration and tax policy make it unlikely he will reach a deal to prevent a government shutdown with top Democrats, whom he’s meeting with Tuesday.“Meeting with ‘Chuck and Nancy’ today about keeping government open and working,” Trump tweeted Tuesday, referring to Senate Minority Leader Chuck Schumer and House Minority…
The Senate tax bill is headed for a marathon debate this week as Republican leaders plan to hold a floor vote as early as Thursday -- but first, it has to go through the Budget Committee, where key GOP lawmakers are raising objections. Here are the latest developments, updated throughout the day:Corker Seeks to Add…
Mr. Kelly disputed that in an interview on Friday. “There was honestly never a time when I contemplated getting rid of Jared and Ivanka,” Mr. Kelly said. He also said the Office of American Innovation, run by Mr. Kushner, had demonstrated its value, noting that he had recently sent some members of its team to…
Now the estrangement is in the open, as diplomats going out the door make their feelings known and members of Congress raise questions about the impact of their leaving. In a letter to Mr. Tillerson last week, Democratic members of the House Foreign Relations Committee, citing what they said was “the exodus of more than…
A high-stakes legal clash is unfolding over President Donald Trump’s temporary pick to run Elizabeth Warren’s favorite bank regulator, and the White House is holding its ground.Trump on Friday said he’s naming White House budget director Mick Mulvaney to be the temporary head of the Consumer Financial Protection Bureau. The announcement came hours after outgoing…
Traders are about to find out just how worried Federal Reserve officials are about the outlook for inflation. The depth of that angst has ramifications for the U.S. bond market’s dominant trend: the flattening yield curve.Fed Chair Janet Yellen and the nominee to succeed her, Jerome Powell, lead a busy lineup of central bankers speaking…
The gunmen lingered at the scene even as emergency workers arrived to treat the injured, and opened fire on several ambulances, Ahmed el-Ansari, a senior government health official, said on state television. Many of the wounded were rushed to the general hospital in the main town in Sinai, El Arish, where medics described chaotic scenes…
