President Donald Trump announced on Monday he pardoned his former lawyer Rudy Giuliani and other people allegedly involved in the attempt to overturn the 2020 presidential election, but the president’s federal pardon does not shield members of the group from state charges. Posting to social media early Monday, U.S. Pardon Attorney Ed Martin released the names of 77 people for whom Trump…
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As President Donald Trump on Monday pardoned leaders who tried to overturn his 2020 loss, the US Supreme Court took up the national Republican Party’s argument that counting mailed ballots shortly after Election Day violates federal law. Voting by mail has long been a target of the GOP president, who has falsely claimed that the practice fuels voter fraud. This case concerns a Mississippi law…
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Trump administration officials are once again exploring the possibility of selling portions of the federal government’s $1.6 trillion student loan portfolio, held by about 45 million borrowers, according to recent reporting by Politico. Federal law dictates that such a sale cannot cost taxpayers any money. But, as Eileen Connor, executive director of the Project on Predatory Student Lending…
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The Trump administration is quietly waging an all-out regulatory war on a Biden-era corporate tax that aimed to prevent large companies from dodging their tax liabilities while reporting huge profits. The corporate alternative minimum tax (CAMT) was enacted as part of the Inflation Reduction Act, Democratic legislation that former President Joe Biden signed into law in 2022.
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For more than a decade, Silicon Valley venture capitalists have poured enormous sums of money into newfangled technology companies seeking to disrupt, and even supplant, the traditional financial system and sidestep its burdensome regulations. At the same time, the Consumer Financial Protection Bureau has policed that effort, going after such businesses for deceiving…
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The U.S. Supreme Court late Friday temporarily blocked a lower court order that required the Trump administration to fully fund Supplemental Nutrition Assistance Program benefits as the government shutdown drags on with no end in sight. One wrinkle in the case is that the Supreme Court order, which came after the Trump administration appealed the lower court directive, was handed down by…
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