Fannie Mae and Freddie Mac know increasing floods and wildfires are a problem. Dealing with them, however, would require trade-offs.
Category: United States Politics and Government
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Elon Musk and the Tech Billionaires Steering Trump’s Transition Team
The involvement of wealthy investors has made this presidential transition one of the most potentially conflict-ridden in modern history.
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A Second Trump Term Is Set to Scramble Trade Alliances
Europe’s new pact with South America, its largest deal to date, could be a sign of how countries will diversify trade relationships as Donald Trump threatens tariffs.
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How the CFPB Could Change Under a Republican Congress
Republicans are unlikely to abolish the Consumer Financial Protection Bureau, but they will drastically rework its rules and activities.
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The Kennedy Center’s Chairman Won’t Depart After All
As the nation’s capital prepares for a second Trump administration, the performing arts center announced that its chairman would not step down in January as planned.
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Billy Long Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.
Since leaving Congress in 2023, Billy Long has peddled a pandemic-era tax credit that the I.R.S. has warned is a magnet for fraud.
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Federal Judge Rejects Boeing’s Guilty Plea Related to 737 Max Crashes
The agreement, opposed by some victims’ families, would have required the aviation company to pay a fine of up to $487 million and invest in additional safety measures.
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Bitcoin Price Surges to a Milestone: $100,000
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.
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Trump Picks Former Representative Billy Long to Lead I.R.S.
Billy Long served six terms as a representative from Missouri. Since then, he has helped businesses claim a pandemic-era tax credit that has been riddled with fraud and cost the government billions more than anticipated.
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Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.
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Bill Clinton Defends the Hunter Biden Pardon, but Suggests It Was Mishandled
The former president, speaking at the DealBook Summit, suggested that he understood the move but that he wished President Biden “hadn’t said he wasn’t going to do it.”