Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Saleha Mohsin and Jennifer Epstein Bloomberg News January 28, 2019 WASHINGTON — President Trump sanctioned Venezuela’s state-owned oil company PDVSA and its central bank on Monday, the latest US move intended to raise pressure on the regime of President Nicolas Maduro.National Security Adviser John Bolton urged Venezuela’s military to accept a peaceful transfer of power to the leader of the country’s National Assembly, Juan Guaido, whom the US has recognized as the nation’s interim president. Bolton told reporters at the White House that Trump’s action will block $7 billion in Venezuelan assets and reduce the country’s exports by $11 billion over the next year.“The US is holding accountable those responsible for Venezuela’s tragic decline,” Treasury Secretary Steven Mnuchin told reporters at the White … [Read more...] about Trump administration slaps sanctions on Venezuelan oil company, central bank
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Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: The Trump Administration’s Messaging Missteps DealBook Supported by Jan. 25, 2019 Good Friday morning. (Was this email forwarded to you? Sign up here .) Shutdown, Day 35: A “ ‘let them eat cake’ kind of attitude” Wilbur Ross, once described as a “cartoon stereotype of a Wall Street fat cat,” has $600 embroidered slippers, a fondness for fine dining and, it seems, not a lot of compassion for furloughed federal workers. Mr. Ross, the commerce secretary, told Andrew on CNBC that he didn’t quite understand why unpaid workers, some of them now turning to Uber and Lyft for income after missing their second paycheck, were visiting food banks. They should just borrow some money, he said: There really is not a good excuse why there should be a liquidity … [Read more...] about DealBook Briefing: The Trump Administration’s Messaging Missteps
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Trump Administration Spells Out Who Wins and Loses From New Tax Break Supported by ByJim Tankersley Jan. 18, 2019 WASHINGTON — Shrugging off the limitations of the partial government shutdown, the Trump administration finalized rules on Friday governing who can claim a new 20 percent tax deduction for business owners. Officials said the rules would allow millions of businesses to file their 2018 taxes with certainty over whether they qualify for the break. The deduction for so-called pass-through businesses was a central feature of the sweeping tax-cut legislation that President Trump signed at the end of 2017. The vast majority of American small businesses are organized as pass-throughs, whose profits are divided up among owners and taxed as individual income. Many financial firms and real … [Read more...] about Trump Administration Spells Out Who Wins and Loses From New Tax Break
For two years, Democrats, and their base of supporters, have craved the chance to conduct rigorous oversight of President Donald Trump and his administration. Thanks to the 2018 midterm, they now have it — but figuring out how to put that authority to use is no easy task. With potential topics of investigation into Trump administration actions numbering in the dozens — as many as 85, by one estimate — Democrats have to make choices about what to prioritize. Should they come out of the gate with an investigative salvo into the Trump campaign’s alleged hush money payments to Stormy Daniels in 2016? What about looking into how much Trump’s businesses are benefiting from his presidency? The administration’s response to the hurricane that devastated Puerto Rico? Its botched ban on transgender Americans serving in the military? The list goes on and on, and Democrats aren’t exactly united on how best to proceed — both in terms of what to tackle … [Read more...] about With control of the U.S. House, Democrats have real power to investigate the Trump administration. But where should they start?
Erica Werner, Josh Dawsey, Mike DeBonis and Seung Min Kim, The Washington Post Published 6:50 pm PST, Thursday, January 10, 2019 President Donald Trump speaks to the media as he leaves the White House, Thursday Jan. 10, 2019, in Washington, en route for a trip to the border in Texas as the government shutdown continues. President Donald Trump speaks to the media as he leaves the White House, Thursday Jan. 10, 2019, in Washington, en route for a trip to the border in Texas as the government shutdown continues. Photo: Jacquelyn Martin, AP Photo: Jacquelyn Martin, AP Image 1 of / 22 Caption Close Image 1 of 22 President Donald Trump speaks to the media as he leaves the White House, Thursday Jan. 10, 2019, in Washington, en route for a trip to the border in Texas as the government … [Read more...] about Trump administration lays groundwork to declare national emergency to build wall