May 9, 2025
Capitol agenda: The shrinking Trump tax cuts
The brutal political realities of the House GOP are about to upend President Donald Trump’s tax pledges. A permanent extension of Trump’s 2017 tax cuts is under threat, as are a slew of second-term campaign promises, including exempting taxes on tips and overtime earnings and providing tax relief for seniors. House Republicans are poised to […]
May 9, 2025
Trump’s tax cuts are set to shrink after GOP flinches at deep spending cuts
President Donald Trump wanted a “big, beautiful bill.” Now Republicans are having to take some of the shine off of it. GOP leaders on Capitol Hill signaled Thursday they are scaling back their tax-cutting ambitions after running into difficulty making deep spending cuts and facing stern warnings from Republican deficit hawks who are threatening to […]
May 9, 2025
Mike Lawler will go his own way — or so he says
NEW YORK — The subtext of President Donald Trump’s recent reelection endorsement of Rep. Mike Lawler appeared clear enough: Stay, fight and keep your battleground New York seat red. Also, shelve your ambitions to become governor. But Lawler isn’t interpreting the president’s Truth Social post as the decree others have. The suburban Republican, after all, […]
May 9, 2025
Department of Justice opens criminal investigation into NY AG Letitia James
The Department of Justice has opened a criminal investigation into New York Attorney General Letitia James, Fox News has learned. A source familiar with the matter confirmed that a grand jury in the Eastern District of Virginia sent out subpoenas related to accusations that James misrepresented a single-family home in Virginia as her primary residence […]
May 9, 2025
Librarian of Congress Carla Hayden is fired by Trump
President Donald Trump fired Librarian of Congress Carla Hayden Thursday, according to a library spokesperson and an email obtained by POLITICO. “Carla, On behalf of President Donald J. Trump, I am writing to inform you that your position as the Librarian of Congress is terminated effective immediately. Thank you for your service,” wrote Deputy Director […]
May 9, 2025
Trump’s first vice president urges his old boss against raising taxes on wealthy Americans
Former Vice President Mike Pence has a message for his old boss. Pence is urging President Donald Trump, under whom he served as vice president in Trump’s first administration, not to raise the tax rate on wealthy Americans. Trump’s 2017 Tax Cuts and Jobs Act, the signature domestic achievement of his first White House term, […]
May 8, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in the second quarter, suspending a nationwide rollout. As of March 30, more […]
May 8, 2025
White House highlights over $2B in savings from DEI cuts during Trump administration’s first 100 days
An analysis of the Trump administration’s efforts to end diversity, equity and inclusion throughout the federal government during the president’s first 100 days in office revealed that nearly 750 DEI employees have been placed on leave or fired for a savings of more than $2 billion. The analysis provided by the White House showed that […]
May 8, 2025
GOP talk on millionaire tax hike ‘makes no sense,’ Trump White House alum says
A former top aide in President Donald Trump’s first administration is arguing that Republicans raising taxes on wealthy Americans ‘makes no sense.’ Marc Short, the former chief of staff to ex-Vice President Mike Pence, was an integral part of negotiations for Trump’s 2017 Tax Cuts and Jobs Act (TCJA). He also served in Trump’s first […]
May 8, 2025
UnitedHealthcare sued by shareholders over reaction to CEO’s killing
A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian Thompson. The class action lawsuit — filed in the Southern District of New York — accuses the health insurance company of not initially adjusting their 2025 net earning outlook to factor in how […]
May 8, 2025
Trump considers tax hike on Americans making $2.5 million or more per year
President Donald Trump is considering a small tax increase for wealthy Americans to help pay for his priorities to boost the middle and working classes. A source familiar with Trump’s thinking told Fox News Digital that Trump is considering allowing the rate on individuals making $2.5 million or more to increase by 2.6%, from 37% […]
May 8, 2025
GOP senators: Congress should vote on Trump’s potential Iran nuclear deal
A pair of hawkish, Trump-supporting Senate Republicans say that any ‘lasting’ Iran nuclear deal would need to be approved by Congress, ideally through a two-thirds majority treaty vote. But scoring a two-thirds majority in the Senate for treaty ratification would require Iran to fulfill a series of steep demands. In addition to getting rid of […]