A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., April 11, 2025. Jonathan Ernst | Reuters The IRS said in a new federal court filing that churches can endorse political candidates without risking the loss of their tax-exempt status. The move upends a 70-year interpretation of the U.S. tax code, whose…
Treasury Secretary Scott Bessent on Monday said the Trump administration will make “several” trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting. Speaking on CNBC’s “Squawk Box,” Bessent also declined, yet again, to rule out the possibility that he could serve as the next chair…
House Homeland Security Committee Chair Mark Green (R-Tenn.) speaks alongside House Speaker Mike Johnson (R-La.) after the House passed budget reconciliation legislation at the U.S. Capitol on May 22, 2025. Francis Chung | POLITICO via AP Images Rep. Mark Green, R-Tenn., announced his official resignation from Congress on Friday, a move that was expected but one…
Elon Musk applaudes in the Oval Office as he attends a press conference with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk said Saturday that he has formed a new political party, the “America Party,” which he claims will give Americans “back…
OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” as the Democratic party is no longer aligned with encouraging a…
Speaker of the House Mike Johnson, R-La., talks with the media after the House Republican Conference meeting on a plan to fund the government and avert a shutdown in the U.S. Capitol on Friday, December 20, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images The U.S. House on Thursday began a final debate…
Speaker of the House Mike Johnson (R-LA) speaks with reporters as he returns to his office after going to the House Rules Committee as it holds a hearing to consider the One, Big, Beautiful Bill Act at the U.S. Capitol on July 01, 2025 in Washington, DC. House Republicans began their work on the legislation…
The House of Representatives on Tuesday took the reins of President Donald Trump’s megabill, after the Senate narrowly passed it following days of grueling negotiations and last-minute deals. Now, Republican Speaker Mike Johnson is staring down an uncertain path for the bill through his chamber, where several members of his conference have already publicly registered…
U.S. Senator Lisa Murkowski (R-AK) walks after the Senate passes U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Elizabeth Frantz | Reuters Republican Sen. Lisa Murkowski of Alaska cast a critical vote Tuesday for President Donald Trump‘s massive tax-and-spending bill, helping to push the…
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025. Evelyn Hockstein | Reuters He may have stopped openly feuding with President Donald Trump, but Elon Musk isn’t backing off his bid to kill Trump’s signature megabill. The Tesla and…
