News on this topic
Trump Replaces IRS Chief Three Days After Appointing Him: Donald Trump replaced acting IRS Commissioner Gary Shapley three days after appointing him in the ...
rollingstone.com/politics/politics-news/trump-replaces-irs-commissioner-three-days-1235321031/

The New IRS Head Was Just Sworn In. He's Already Out Of The Job.: Gary Shapley was sworn in as acting commissioner of the Internal Revenue Service earlier this ...
huffpost.com/entry/new-irs-head-just-sworn-in-fired_n_68029d31e4b01dc12d4bdea9

Trump replaces acting IRS commissioner just days after appointing him: Treasury Secretary Scott Bessent announced Gary Shapley was being removed.
abcnews.go.com/Politics/trump-replaces-acting-irs-commissioner-days-after-appointing/story

More articles on this subject
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Elon Musk’s Handpicked IRS Chief Lasts Just 72 Hours: The IRS will soon be on its fourth acting executive—just three months into MAGA 2.0.
thedailybeast.com/elon-musks-handpicked-irs-chief-gary-shapley-lasts-just-72-hours/

Leadership shakeups led to 3 different IRS bosses during tax week: After another leadership shakeup at the IRS, Michael Faulkender on Friday became the fifth ...
businessinsider.com/leadership-shakeups-multiple-different-irs-bosses-tax-week-2025-4
Acting IRS commissioner replaced after Bessent, Musk spar: Reports: Acting IRS Commissioner Gary Shapley is departing the agency amid disagreements between ...
thehill.com/business/5256218-acting-irs-commissioner-replaced-after-bessent-musk-spar-reports/

Latest IRS acting chief ousted amid Musk vs. Bessent turf feud: Gary Shapley, the fourth IRS head this year, was tapped for the post just days ago by President ...
politico.com/news/2025/04/18/latest-irs-acting-chief-ousted-just-days-after-being-named-00299117

Trump’s pick for acting commissioner is out at IRS days after his appointment: Gary Shapley, whom President Donald Trump named acting commissioner of the ...
cnn.com/2025/04/18/politics/irs-commissioner-trump-gary-shapley/

Head of IRS being ousted amid Treasury's power struggle with Elon Musk: WASHINGTON — The acting commissioner of the IRS is being replaced after Treasury ...
post-gazette.com/news/politics-nation/2025/04/18/irs-doge-musk-bessent/stories/202504180063


US-China trade deal live: Tariffs to be lowered for 90 days, US stock futures rally
reuters.com/world/us-china-tariff-live-updates-bessent-greer-announce-details-constructive-geneva-2025-05-12/
Image from the original article. Source: US and China agree to significant tariff reductions in 90-day trade war truce: "The consensus from both delegations this weekend is neither side wants a ...
upnorthlive.com/news/nation-world/us-and-china-agree-to-significant-tariff-reductions-in-90-day-trade-war-truce-president-donald-trump-trade-war-trade-representative-jamieson-greer-treasury-secretary-scott-bessent-geneva-china-commerce-minist

Key FactsTrump's Tariff Strategy: Achievements and Challenges
May 13 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The U.S.-China tariff truce has initially boosted global stock prices but fails to address longstanding concerns about China's economic model.
- The Trump administration faces challenges in conducting complex negotiations with China and other countries within a tight timeframe.
- Experts doubt substantial agreements with China can be reached in the next 90 days, while compliance with past commitments remains questionable.
- Long-term solutions are essential to resolve deep trade differences between the U.S. and China, but time is limited and uncertainty persists.
"What we really need is more consistency. U.S. companies need to be able to plan instead of scramble to reroute supply chains, which can be difficult to do quickly. And American families are quite spooked by the impact these and other tariffs are going to have on their pocketbook."— Miriam Sapiro, a nonresident fellow at the Center for Strategic and International Studies and former acting USTR chief under then-President Barack Obama.
US Treasury secretary urges Congress to raise debt limit by mid-July: U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal ...
reuters.com/markets/us/us-treasury-secretary-urges-congress-raise-debt-limit-by-mid-july-2025-05-09/

Image from the original article. Source: The latest on Trump’s presidency as he marks 100 days in office: Follow here for the latest live news updates on President Donald Trump’s administration as he ...
edition.cnn.com/politics/live-news/trump-presidency-news-04-29-25

Key FactsTrump's Turbulent First 100 Days in Office
May 02 · Reading time: ~45 sec.
Summary created with AI assistance · Source: washingtonpost.com
Summary created with AI assistance · Source: washingtonpost.com
- A week of events showcased Trump's alleged successes, overshadowed by significant setbacks.
- His approval ratings have dropped, with 61% disapproving of his economic policies, raising concerns about a looming recession.
- The next 100 days may prove more challenging as Trump will need to negotiate with Congress and foreign leaders.
- Critics label Trump's actions as controversial and disruptive, potentially triggering an economic downturn.
Trump "inherited an economic catastrophe, a border catastrophe, a public safety catastrophe and a cultural catastrophe. And in every case, he has reversed those catastrophes and brought America into the new golden age."— Stephen Miller, Deputy Chief of Staff for Trump, describes the challenges Trump faced during his presidency.
Trump Just Caved on China Tariffs—Big-Time: Treasury Secretary Scott Bessent announced that Chinese goods would only be subject to a 30 percent tariff ...
newrepublic.com/post/195112/donald-trump-caved-china-tariffs-big-time

IRS Government Watchdog Warns More Layoffs to Come : The latest News,/news,,news, breaking news, comment, reviews and features from the experts at Kiplinger
kiplinger.com/taxes/irs-government-watchdog-warns-more-layoffs-to-come

Judge refuses to block IRS from sharing tax data to identify and deport people illegally in U.S.
apnews.com/article/irs-ice-tax-data-deportations-federal-judge-fd696d215843bdc16260dfad471f500d

China, US Slash Trade Tariffs in 90-Day Deal: U.S. Treasury Secretary Scott Bessent unveiled the agreement after trade talks in Switzerland.
newsweek.com/china-us-agree-drop-tariffs-115-90-days-2070769

U.S. And China Reach Deal To Slash Tariffs, Officials Say: The dollar rose against major currencies and markets lifted following the news.
huffpost.com/entry/us-china-reach-deal-to-slash-tariffs_n_6821a2f1e4b0d06d24345a1d

White House claims China trade deal reached after ‘productive’ Geneva talks: US announcement comes after treasury secretary touted progress in two days of talks ...
theguardian.com/us-news/2025/may/11/us-china-trade-talks-geneva-intended-de-escalate-tensions-lutnick

Treasury secretary calls on Congress to raise or suspend the debt ceiling by mid-July
trib.al/RN2GZ6L

Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues
cnbc.com/2025/05/06/trump-trade-china-switzerland-tariffs.html

Trump hails China trade talks as a ‘total reset’: Trump says the first day of US-China discussions aimed at defusing a trade war were “friendly ...
smh.com.au/world/north-america/trump-hails-china-trade-talks-as-a-total-reset-20250511-p5ly7e.html
Bessent says US could announce trade deals with some countries this week: U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration could ...
reuters.com/world/us/bessent-says-us-could-announce-trade-deals-with-some-countries-this-week-2025-05-06/

U.S. and China agree to slash reciprocal tariffs in major step toward easing trade war
nbcnews.com/world/asia/tariffs-china-trump-agree-slash-levies-duties-business-markets-bessent-rcna206193
U.S., China slash tariffs for 90 days in trade deal: It's the relief businesses wanted, after the trade war sent economies hurtling toward recession.
axios.com/2025/05/12/us-china-tariffs-trade-deal-trump

How Trump managed to get his much-needed China trade victory: The US and China will drop massive tariffs by 115 percentage points after talks.
rnz.co.nz/news/world/560782/how-trump-managed-to-get-his-much-needed-china-trade-victory
Girls Need to Be Told Having Fewer Dolls a Good Thing: White House: Treasury Secretary Scott Bessent said girls should be comforted knowing they "will have a ...
newsweek.com/bessent-girls-need-told-fewer-dolls-good-thing-2068956

Scott Bessent testifies before the House Appropriations Subcommittee: Reuters Live on X (Twitter)
x.com/i/broadcasts/1yNGaLdbOnrKj

U.S. and China Agree to Temporarily Lower Reciprocal Tariffs by 115%: The United States and China have agreed to deescalate their trade war and to slash their ...
democracynow.org/2025/5/12/headlines/us_and_china_agree_to_temporarily_lower_reciprocal_tariffs_by_115

U.S. makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says
bnnbloomberg.ca/tariffs/2025/05/11/us-makes-substantial-progress-in-china-tariff-talks-treasury-secretary-scott-bessent-says/
Trump hails China trade talks as a ‘total reset’: Trump says the first day of US-China discussions aimed at defusing a trade war were “friendly ...
theage.com.au/world/north-america/trump-hails-china-trade-talks-as-a-total-reset-20250511-p5ly7e.html
Image from the original article. Source: Trump announces "breakthrough trade agreement" with U.K. Here's what to know.: President Trump and Treasury Secretary Scott Bessent have both said numerous trade ...
cbsnews.com/news/trump-trade-deals-china-europe-india-uk-tariffs/

Key FactsLimited Trade Agreement Between US and UK Announced
May 08 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- President Trump and Prime Minister Starmer announced a limited trade agreement that maintains the 10% tariffs on British exports.
- The deal reduces average British tariffs on U.S. goods from 5.1% to 1.8%, creating new market opportunities for both countries.
- The British economy anticipates the agreement will foster new export opportunities, while existing tariffs increase costs for many products.
- The agreement is viewed as a first step towards deeper trade relations between the U.S. and the UK, aiming to reduce trade barriers.
"This is a really fantastic, historic day."— Keir Starmer, British Prime Minister, describing the significance of the trade deal during a teleconference.
Fed holds rates steady, warns of stagflation risks: Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the ...
cnn.com/business/live-news/federal-reserve-interest-rate-05-07-24

Judge refuses to block IRS from sharing tax data to identify and deport people illegally in U.S.
trib.al/My1Osw2

U.S.-China Trade Deal Sends Markets Soaring as Inflation Data Arrives This Week: The weekend deal adds to the sense that President Donald Trump may be backing ...
usnews.com/news/economy/articles/2025-05-12/us-china-trade-deal-sends-markets-soaring-as-inflation-data-arrives-this-week

Trump is looking to use the IRS for his own political ends. Nixon tried it too: President Trump is looking to use the IRS to achieve some of his political goals ...
npr.org/2025/05/12/nx-s1-5379585/irs-harvard-trump-nixon

Image from the original article. Source: FEMA Acting Chief Fired After Speaking Out Against Trump Plan: President Donald Trump has voiced skepticism about FEMA's role, saying that states should lead in ...
newsweek.com/fema-acting-chief-fired-after-speaking-out-against-trump-plan-2069890

Key FactsFEMA Chief Issues Stark Warning to Staff
May 09 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cbsnews.com
Summary created with AI assistance · Source: cbsnews.com
- Acting FEMA Administrator David Richardson warned staff in his initial meeting that he alone speaks for the agency and will not tolerate any obstruction.
- He emphasized the importance of fulfilling the president's directives and announced a review of all internal preparations for 2025.
- Richardson instructed staff to read two recent memos outlining assessments of FEMA's readiness and organizational structure.
- He plans to hold a town hall in the near future to address staff questions but stressed the need for them to first read the memos.
I have never read a book on leadership, but I’m fine operating in chaos and a very ambiguous environment.— David Richardson, the acting FEMA Administrator, during his first address to FEMA employees.
Creditworthiness of the United States: US Treasury Secretary warns of default in August
spiegel.de/wirtschaft/us-finanzminister-scott-bessent-warnt-vor-zahlungsausfall-im-august-a-c7282c38-64b8-431d-8f6e-f845313c56d4

US and Ukraine sign mineral resources agreement: Bessent says it signals Russia that Trump is committed to a peace process.
abcnews.go.com/Politics/ukraine-us-mineral-resource-deal-close-finalized/story

U.S. could face default by August if Congress doesn't address debt ceiling, Bessent says
cbsnews.com/news/u-s-could-face-default-by-august-if-congress-doesnt-address-debt-ceiling-bessent-says/
Trump suggests cutting China tariffs to 80% ahead of trade talks: "80% Tariff on China seems right! Up to Scott B.," Trump posted on Truth Social.
axios.com/2025/05/09/china-trump-tariffs-trade-war-deal

Image from the original article. Source: In Fight With Bezos, White House Calls Amazon Showing Tariff Costs a ‘Hostile’ Act
time.com/7281274/amazon-tariff-haul-trump/

Key FactsAmazon and White House Clash Over Tariff Pricing
Apr 30 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Amazon considered listing import fees on its Haul platform but denied any plans for its main site.
- Shares initially dropped 2% after the White House called the idea hostile, but later recovered.
- President Trump criticized the report and praised Jeff Bezos for resolving the issue swiftly.
- Senator Chuck Schumer urged retailers to disclose the impact of Trump's tariffs on consumers.
"To the large businesses that sell to consumers, I say: show your customers how much tariffs are hurting in their pocketbooks."— Senate Democratic Leader Chuck Schumer urged national retailers to show the true cost of Trump’s tariffs.
‘We Don’t Have to Sign Deals’: Trump Backs Off Big Promises About Tariffs: After weeks of bragging about upcoming trade “deals” with foreign countries ...
nytimes.com/2025/05/06/us/politics/trump-deals-tariffs.html

Stock futures rise after ‘substantial progress’ is made in US-China trade negotiations
cnn.com/2025/05/11/business/stock-futures-trump-tariffs

Stock markets spike as US and China agree to slash tariffs temporarily after trade talks
nypost.com/2025/05/12/us-news/us-and-china-reach-deal-to-slash-tariffs-officials-say/

US-China talks resulted in mechanism to avoid escalation: Bessent : The trade talks between the US and China in Geneva have resulted in a mechanism to avoid ...
english.alarabiya.net/News/world/2025/05/13/uschina-talks-resulted-in-mechanism-to-avoid-escalation-bessent-

Top US officials emerge from China trade talks touting ‘substantial progress’ and ‘deal’
cnn.com/2025/05/11/politics/top-us-officials-emerge-from-china-trade-talks-touting-substantial-progress-and-agreement

U.S. and China tariff deal talks: What to know about trade negotiations between the economic giants
nbcnews.com/business/business-news/us-china-trade-talks-geneva-rcna205931

Trump praises tariff talks with China: "Complete reset": In Geneva, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are holding talks ...
diepresse.com/19671106/trump-lobt-zoll-gespraeche-mit-china-vollstaendiger-neustart

Trump floats cutting China tariffs to 80 per cent ahead of US-China talks in Switzerland
abc.net.au/news/2025-05-09/trump-floats-cutting-china-tariffs-to-80-per-cent/105276760
Image from the original article. Source: US and China open trade talks to ‘de-escalate’ tariff war: Senior US and Chinese officials met in Geneva on Saturday in a rare attempt to ease escalating trade ...
france24.com/en/live-news/20250509-trump-suggests-lower-china-tariff-says-80-seems-right

Key FactsUS-China Talks Aim to Reduce Trade Conflict
May 10 · Reading time: ~45 sec.
Summary created with AI assistance · Source: france24.com
Summary created with AI assistance · Source: france24.com
- High-level US and Chinese officials met in Geneva to de-escalate the trade war.
- The US has imposed tariffs on Chinese goods up to 245 percent, while China retaliated with 125 percent tariffs on US products.
- President Trump suggested he might lower tariffs, but only if China makes concessions as well.
- Experts view the talks as a positive sign, although tensions between the two nations remain high.
"The relationship is not good."— Bill Reinsch, a senior advisor at the Center for Strategic and International Studies (CSIS), referring to current ties between Washington and Beijing.
IRS Has Shed More Than 11% Of Its Workforce With Thousands More Cuts On The Way: The Treasury Inspector General for Tax Administration (TIGTA) has issued a ...
forbes.com/sites/kellyphillipserb/2025/05/05/irs-has-shed-more-than-11-of-its-workforce-with-thousands-more-cuts-on-the-way/
Bessent: No supply chain shocks ahead from tariffs: CEOs have warned about potential shortages as high tariffs choke off U.S.-China trade.
axios.com/2025/04/29/bessent-trump-trade-supply-chain

Home of global capital? Investors run from Trump’s America: US Treasury Secretary Scott Bessent says Donald Trump’s policies will secure America’s position as ...
smh.com.au/business/markets/home-of-global-capital-investors-run-from-trump-s-america-20250507-p5lx7u.html
Trump tariffs latest: US debt on ‘unsustainable’ path, admits Scott Bessent: US Treasury secretary Scott Bessent has warned that America’s government debt ...
telegraph.co.uk/business/2025/05/06/trump-tariffs-ford-carney-ftse-100-markets-latest-news-uk/

US, China hold 2nd day of tariff talks. No breakthroughs but Trump touts ‘great progress’
dallasnews.com/news/world/2025/05/11/us-china-hold-2nd-day-of-tariff-talks-no-breakthroughs-but-trump-touts-great-progress/

US and China take a step back from sky-high tariffs, agree to pause for 90 days: U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent ...
detroitnews.com/story/business/2025/05/12/us-china-tariffs-agree-pause-90-days/83576571007/

Image from the original article. Source: The President has named a new Acting Librarian of Congress. It's his former defense lawyer.
npr.org/2025/05/12/nx-s1-5395879/trump-todd-blanche-librarian-congress

Key FactsTrump Appoints Former Lawyer as Acting Librarian
May 12 · Reading time: ~30 sec.
Summary created with AI assistance · Source: axios.com
Summary created with AI assistance · Source: axios.com
- President Trump will name Todd Blanche, the deputy attorney general, as the acting Librarian of Congress.
- Blanche, who represented Trump in his hush money trial, currently holds the second-highest position in the Justice Department.
- This appointment illustrates how administration officials are managing multiple roles.
- Trump recently ousted former Librarian Carla Hayden, the first woman and Black American to hold the position.
Bessent sees tariff agreement as progress in 'strategic' decoupling with China
cnbc.com/2025/05/12/bessent-sees-tariff-agreement-as-progress-in-strategic-decoupling-with-china.html

Putin’s a War Criminal, Trump’s Treasury Secretary Bessent Tells Congress: Secretary Scott Bessent criticized the Biden administration’s “weak sanctions” on ...
kyivpost.com/post/52210

Treasury secretary says Swiss firms want to invest up to CHF200 billion in US: According to US Treasury Secretary Scott Bessent, Swiss companies have indicated ...
swissinfo.ch/eng/foreign-affairs/treasury-secretary-says-swiss-firms-want-to-invest-up-to-chf200-bn-in-us/89299519

Bessent: Girl with 2 dolls this Christmas will have ‘better life than parents’: Treasury Department Secretary Scott Bessent leaned into President Trump’s doll ...
thehill.com/homenews/administration/5287300-scott-bessent-donald-trump-doll-talk-economic-uncertainty/

Bessent says EU may have a ‘collective action problem’: US Treasury Secretary Scott Bessent downplayed the possibility of a quick trade agreement with the ...
english.alarabiya.net/News/world/2025/05/13/bessent-says-eu-may-have-a-collective-action-problem-
Trump, in a major concession, says the tariff on China should be 80% — but will leave it up to Bessent
cnn.com/2025/05/09/economy/china-tariff-trump-trade

US Treasury's Bessent says China 'negotiations' to start Saturday without Navarro
reuters.com/world/us-treasurys-bessent-says-china-negotiations-start-saturday-without-navarro-2025-05-07/
U.S. trade talks with China were ‘productive,’ Bessent says
cnbc.com/2025/05/11/us-china-trade-tariffs-talks.html

US and China begin the second day of tariff talks: U.S. negotiators say “substantial progress” was made and “perhaps the differences weren’t so large ...
apnews.com/article/china-us-switzerland-tariffs-negotiations-20f32dd4f11b66bfd73bd105b7acad5a

Trump says U.S. and China negotiated "total reset" in tariff talks: Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ...
cbsnews.com/news/us-china-talks-tariffs/

Dow soars 1,100 points after Trump team and China dramatically lower tariffs: US stocks surged on Monday after President Donald Trump’s top trade officials ...
cnn.com/2025/05/12/investing/us-stock-market

Trump Aides Boast About Manipulating Him Into Tariffs U-Turn: Trump reportedly threw in the towel after top aides warned that his MAGA base was turning against ...
thedailybeast.com/aides-spill-on-how-they-convinced-trump-to-back-off-china-tariffs/

Trump confirms major trade deal with UK: 'Very big and exciting day': President Trump on Thursday is expected to announce that the US has reached a trade deal ...
nypost.com/2025/05/08/us-news/trump-to-announce-trade-agreement-with-britain-report/

One of first US trade deals may be with India, Treasury's Bessent says: U.S. Treasury Secretary Scott Bessent on Monday said many top trading partners of the ...
reuters.com/world/one-first-us-trade-deals-will-be-with-india-treasurys-bessent-says-2025-04-28/
Trump Touts 80% Tariff on China: 'Seems Right!': The U.S. and China are due to have trade talks very soon.
newsweek.com/trump-touts-80-tariff-china-seems-right-2070130

Trump floats lower tariffs on China. What would it mean for prices?: The move comes a day before U.S.-China trade negotiations are set to begin.
abcnews.go.com/US/trump-floats-lower-tariffs-china-prices/story

Why Are Elon Musk and DOGE Killing a Program That Works?: Direct File is simple and successful. That must be why Musk wants to end it.
usnews.com/opinion/articles/2025-05-06/tax-file-irs-elon-musk-doge

Bessent's pitch to investors: Invest in America's 'building renaissance': At the Milken conference, Scott Bessent emphasized how tariffs, tax cuts ...
businessinsider.com/treasury-secretary-bessent-message-to-investors-2025-5
Judge Refuses To Block IRS From Sharing Tax Data To Deport People Illegally In U.S.
huffpost.com/entry/ap-us-irs-immigration-enforcement_n_68226cdee4b0abb58358bcf4

Government could run out of cash when Congress is recessed, Bessent warns Johnson
axios.com/2025/05/09/debt-ceiling-bessent-johnson-x-date

Trump floats cutting China tariffs from 145% to 80% ahead of meeting: The way President Donald Trump sees it, beating China in a trade war should be easy ...
apnews.com/article/trump-tariffs-china-41d189bfe510e3ed7692da8647a14e64

Trump’s 2026 Budget: $163 Billion In Cuts Slash Science, IRS, EPA, Energy And Subsidies For Poor (Live Updates)
forbes.com/sites/saradorn/2025/05/02/trumps-2026-budget-163-billion-in-cuts-slash-science-irs-epa-energy-and-subsidies-for-poor/

US and China meet in bid to 'de-escalate' trade war: US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer were conferring with Chinese ...
ewn.co.za/2025/05/10/us-and-china-meet-in-bid-to-de-escalate-trade-war

Trade talks between the US and China are underway in Switzerland. Here’s what’s at stake
cnn.com/2025/05/10/business/china-us-trade-talks-geneva-hnk-intl

US and China agree to slash tariffs for 90 days in major de-escalation: American and Chinese officials seek to de-escalate tensions in Geneva
irishtimes.com/business/2025/05/12/us-claims-substantial-progress-after-trade-talks-with-china/

Pope Leo XIV may face a six-figure tax bill for his $33,000-a-month paycheck: Filing a tax return is obligatory for all U.S. citizens, no matter where they live.
fortune.com/2025/05/13/pope-leo-xiv-taxes-first-american-pontiff/


Bond market thinks Fed should cut rates, Treasury's Bessent says: The bond market is sending a signal that the Federal Reserve should be cutting interest rates ...
reuters.com/world/us/us-treasury-chief-urges-fed-cut-rates-2025-05-01/
Elon Musk’s DOGE Downsizing Cuts IRS Auditors, Officers: The Internal Revenue Service lost 31% of its auditors from buyouts and layoffs tied to Elon Musk’s ...
bloomberg.com/news/articles/2025-05-05/irs-lost-31-of-tax-auditors-in-doge-downsizing-watchdog-finds


Trump's 'big beautiful bill' would officially kill IRS Direct File: Republicans have wanted to end IRS Direct File for years, calling it wasteful and an example ...
businessinsider.com/trump-house-republican-kill-irs-direct-file-2025-5
How Billionaires Sidestepped the Net Investment Income Tax: Wall Street financiers were a clear target of the tax, but some, on questionable legal grounds ...
propublica.org/article/billionaires-net-investment-income-tax

Image from the original article. Source: U.S. and China are talking, but China needs a de-escalation, Bessent says: The trade war between the world's two largest economies threatens the entire global ...
axios.com/2025/04/27/trump-china-us-trade-bessent

Key FactsStephen Miller: Leading Candidate for National Security Adviser
May 02 · Reading time: ~30 sec.
Summary created with AI assistance · Source: axios.com
Summary created with AI assistance · Source: axios.com
- Stephen Miller is emerging as the top candidate for the national security adviser position following Mike Waltz's removal.
- Currently serving as Homeland Security adviser, Miller has strong connections with Marco Rubio, who is temporarily taking over Waltz's responsibilities.
- Sources indicate Miller has shown interest in the role but may be hesitant if it distracts him from immigration policy work.
- It remains uncertain how long Rubio will serve as acting national security adviser, but Trump may favor Miller if he expresses a desire for the position.
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