Tag Archives: Trump&#039s

Trump's first budget: Trillions in cuts

Sessions: The border wall will be funded President Trump’s first full budget proposal lands on lawmakers’ desks Tuesday morning. It calls on Congress to spend $ 4.1 trillion next year, a little more than what is being spent this year. But it would greatly reallocate where many federal funds go — beefing up spending in some areas, while slashing itin others over the next ten years. Trump is proposing to spend more on defense, border security and infrastructure. And he wants to create a first-ever federal paid family leave program. ...

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America's safety net is at risk from Trump's budget ax

How Trump budget cuts affect Meals on Wheels President Trump’s budget ax is likely to hit an array of federal safety net programs. Set to be unveiled Tuesday, the Trump administration’s budget is expected to cut spending on Medicaid and food stamps. Details are still forthcoming, but Republicans have long sought to downsize these programs, saying they are rife with fraud and stop low-income Americans from being self-sufficient. Trump officials revealed an outline of their budget plan — known as a “skinny” budget — in March. That outline showed multiple ...

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Trump's pick for No. 2 spot at Treasury drops out

Why Trump’s tax plan could raise taxes for 8.7 million households President Trump’s nominee to serve as deputy treasury secretary has dropped his bid for the job. Jim Donovan, a long-time Goldman Sachs executive, was nominated in March to be the right-hand man to Treasury Secretary Steven Mnuchin. He told the White House he wanted to withdraw his name from consideration for personal reasons. “[A]t this time I want to focus on my family, and I can no longer accept it,” Donovan said in a statement Friday. “I hope to ...

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Mnuchin punts on commitment to disclose Trump's business ties

President Trump: Leaks are the ‘real story’ Treasury Secretary Steven Mnuchin on Thursday stopped short of committing to disclose a complete list of all of President Trump’s business ties. Instead, he said he would review the best way to respond to a senior Democrat’s requests for the information. “We will review internally whether it’s appropriate for it to come from us or somewhere else, and we’re happy to be responsive to you,” Mnuchin said during a Senate Banking Committee hearing. Mnuchin was responding to SenatorSherrod Brown, the top Democrat on ...

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Does anyone in Trump's White House have credibility?

Why the White House has a credibility problem The next time the White House wants to make a credible defense of President Trump’s actions, who should it send to the podium? The answer is unclear, White House and Washington communications veterans say. The president is notoriously unreliable. Many of his top aides have demonstrated a willingness to mislead the American people. Others, including Gen. H.R. McMaster and Vice President Mike Pence, have made statements in defense of the president that were later contradicted by the president himself. The inability of ...

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Senate confirms Trump's top NAFTA negotiator

NAFTA explained President Trump just got the man he tapped to negotiate better trade deals for America. Trump’s U.S. Trade Representative nominee, Robert Lighthizer, was confirmed by the Senate on Thursday, paving the way for him to renegotiate NAFTA, the free trade deal between the US, Mexico and Canada. A delay in Lighthizer’s confirmation had held up the NAFTA negotiation process. Trump is required to trigger a 90-day consultation period before his team can even get to the negotiating table with Mexican and Canadian officials. Both Mexico and Canada have ...

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Ivanka Trump's book will debut as a bestseller

Ivanka Trump’s book debuted to some scathing reviews. Ivanka Trump’s new book, “Women Who Work,” will debut at the No. 4 slot on the New York Times Best-Sellers List of advice, how-to and miscellaneous books. The New York Times will post the list online May 12. Ivanka’s book, released May 2, was penned by the President’s oldest daughter and offers advice for mothers and women navigating the workplace. “Women Who Work” met a slew of biting reviews. The New York Times’s Jennifer Senior called it “a strawberry milkshake of inspirational ...

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Late night hosts respond to Trump's firing of FBI chief James Comey

Late night reacts to Comey firing Late night comedy hosts found themselves surprised by the news that President Trump fired FBI Director James Comey on Tuesday. Stephen Colbert, Jimmy Kimmel, and Trevor Noah had to swiftly respond to the breaking news. For Colbert and “The Late Show,” the news broke during the afternoon taping of the CBS broadcast. “That shows no gratitude at all,” Colbert said of the firing in his opening monologue. “Did Trump forget about the Hillary emails that Comey talked about?” Then, in his best Trump voice, ...

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Senate OK's Jay Clayton, Trump's pick for SEC chairman

Political uncertainty roils Wall Street Jay Clayton is the newest top cop of Wall Street. On Tuesday evening, senators voted 61-37, clearing Clayton to become the next chairman of the Securities and Exchange Commission. All of the president’s nominees require a 60-vote majority to be confirmed. Clayton, a partner atlaw firm Sullivan & Cromwell LLP, has extensive ties to Wall Street. He defended the big banks for misbehavior during the financial crisis and advised Goldman Sachs on its government bailout. His wife Gretchen currently works at the bank as a ...

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Government shutdown averted; Netflix leak; Trump's first 100 days

Click chart for more in-depth data. 1. U.S. government shutdown averted: Lawmakers reached an agreement on a key spending bill late Sunday, avoiding the possibility of a government shutdown. If approved by the House and Senate the bill would fund the government through the end of September, senior aides from both parties told CNN. Votes in both chambers are expected by the end of the week. 2. 100 days of Trump: President Trump passed the symbolic first 100 days mark on Saturday. His first major economic report was a disappointment, ...

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