Wall Street suffered its worst collapse since the COVID-19 pandemic on Friday after China matched President Donald Trump’s sweeping tariff increases, triggering fears of a deepening trade war. The S&P 500 plunged 6 percent, the Dow Jones dropped 2,231 points, and the Nasdaq shed nearly 6 percent—marking the worst weekly decline since March 2020.
Donald Trump’s efforts to dismantle the “deep state” are taking shape as reports reveal his administration has begun the process of firing and reassigning over 1,000 federal officials. The move, targeting entrenched bureaucratic structures, aligns with Trump’s commitment to reforming the federal government and ensuring accountability.
IRS Commissioner Danny Werfel announced his resignation just days before President-elect Donald Trump’s inauguration this Monday and return to the Oval Office. Werfel, who still had three years remaining in his term, will step down on January 20, coinciding with Trump’s swearing-in.
Bill Gates recently shared details of a private dinner he had with President-elect Donald Trump, providing insight into the wide-ranging discussions they had over three hours at Trump’s Mar-a-Lago estate.
Vice President Kamala Harris is reportedly "disappointed" by President Joe Biden's recent assertion that he could have defeated President-elect Donald Trump in the 2024 election, according to sources cited by the Wall Street Journal. Harris’s frustration comes after years of publicly defending Biden, particularly against concerns over his mental acuity, while maintaining loyalty to the administration's messaging.
