Outgoing acting Immigration and Customs Enforcement (ICE) Director P.J. Lechleitner expressed strong criticism of the Biden administration's delayed efforts to secure the U.S.-Mexico border.
House Republicans are renewing efforts to introduce a national sales tax and abolish the Internal Revenue Service (IRS), framing the measure as a way to ensure illegal immigrants contribute taxes. Representative Buddy Carter (R-GA) will unveil the FairTax Act of 2025 on Thursday, a bill designed to overhaul the U.S. tax system by replacing the federal income tax with a 23% national sales tax.
President-elect Donald Trump met privately with Republican lawmakers at the U.S. Capitol on Wednesday, as the GOP works to finalize its strategy for advancing key legislative priorities. With Republicans holding slim majorities in Congress, swift action is necessary to capitalize on Trump’s early political momentum.
Congressional Democrats outpaced the S&P 500, according to data collected by Unusual Whales. The portfolios were seven points higher than the S&P 500, or 24%.
Investor Kevin O'Leary announced that he partnered with an initiative seeking to acquire TikTok. The announcement comes as the social media platform is set to be banned across the United States later this month.
In a controversial move during its final weeks, the Biden administration’s Consumer Financial Protection Bureau (CFPB) finalized a rule Tuesday that will prevent medical debt from appearing on credit reports. The regulation, estimated to impact 15 million Americans and $49 billion in medical debt, also bars creditors from using medical information in lending decisions.
A Gallup poll released Tuesday found that President Joe Biden is ranked as the second-worst president in American history, surpassed only by Richard Nixon. Despite efforts by Biden and his aides to frame his presidency as one of historic significance, the data paints a starkly different picture.
The body of former President Jimmy Carter arrived in the Washington, D.C., area on Tuesday as the nation prepares for a state funeral honoring the life and legacy of the 39th president.
