On January 16, 2025, Senator Ted Cruz (R-TX) reintroduced the bipartisan "No Tax on Tips Act," aiming to exempt gratuities from federal income taxation.
Incoming officials in President-elect Donald Trump’s administration are reportedly crafting a sanctions strategy aimed at expediting a resolution to the Russia-Ukraine conflict. According to Bloomberg, the plan includes options to pressure Moscow while managing global oil market stability amid existing sanctions on major producers like Russia, Iran, and Venezuela.
"On Religious Freedom Day ... we commemorate the ... anniversary of the passing of a State law that has shaped and secured our cherished legacy of religious...
Scott Bessent, nominee for Treasury Secretary under the incoming Trump administration, is set to outline a bold economic agenda during his Senate confirmation hearing Thursday. According to prepared remarks, Bessent will emphasize the need to permanently extend the 2017 Tax Cuts and Jobs Act while advancing new policies to reduce the tax burden on manufacturers, service workers, and seniors.
UK Prime Minister Sir Keir Starmer made a surprise visit to Kyiv on Thursday, where he announced a landmark 100-year military and economic alliance with Ukraine. Starmer described the agreement as a symbol of the “unbreakable bond” between the two nations, aimed at fostering long-term support for Ukraine and enhancing bilateral cooperation in defense, trade, and cultural initiatives.
The Los Angeles Unified School District (LAUSD) will resume classes Wednesday for students from schools impacted by recent wildfires, with classes held at alternative locations.
As President Joe Biden and Department of Homeland Security (DHS) Secretary Alejandro Mayorkas approach the conclusion of their tenure on January 20, Mayorkas' border policies remain a significant point of contention. Reports indicate that by then, approximately 1.5 million illegal migrants will have entered the U.S. through parole programs established under Mayorkas' leadership.
South Korea’s Constitutional Court was forced to adjourn its first impeachment hearing for President Yoon Suk-yeol on Tuesday after he failed to attend, citing security concerns. Yoon, impeached in December following his abrupt imposition of martial law, faces charges of insurrection and is subject to an arrest warrant, further complicating the political turmoil.
