The election cycle is in full swing, with presidential hopefuls Donald Trump and Kamala Harris trading blows over the auto industry, Republican vice presidential nominee JD Vance flying into restricted airspace and Democratic nominee Tim Walz showing everyone how much of a car guy he is. Now, the Minnesota governor has professed his love for … Read more
Attorney General Merrick Garland on Thursday fiercely defended the independence of the U.S. Department of Justice, calling the threats toward public servants “outrageous.” In a speech addressed to the workforce of the department, Garland said that “we will not allow this department to be used as a political weapon” or for law enforcement to be … Read more
Dimensions | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The tightening presidential race has touched off a wave of tax planning by ultra-wealthy investors, especially given … Read more
Donald Trump referred to Minnesota Gov. Tim Walz (D) as the “future vice president,” and social media critics were quick to call it a “Freudian slip.” Speaking at a rally in Tucson, Arizona, the Republican nominee first referred to Democrat Kamala Harris’ running mate as if he were the current vice president. “I was very … Read more
Transportation Secretary Pete Buttigieg argued that it’s a “strategy” for Donald Trump to push the racist lie that Haitian immigrants are eating pets on Thursday. “There’s even more to it than demonizing immigrants although that’s obviously part of what he’s doing,” Buttiegieg told CNN’s Kaitlan Collins. “This is a strategy to get us talking about … Read more
Former White House Communications Director Anthony Scaramucci predicted that Donald Trump is 100% going to debate Kamala Harris again before pointing to a move by the former president that’s straight out of a wrestling playbook. “He’s a wrestler, you know, it’s like a UFC thing. He’s gonna say he’s not gonna debate, he knows he … Read more
CNN’s Abby Phillip pointed out how Donald Trump’s debate answers have veered “off course” on immigration since 2016 while asking whether there’s a “double standard” over his mental acuity. The anchor noted on Thursday that the GOP nominee had previously called President Joe Biden’s mental fitness into question before shifting her attention to Trump’s “rambling” … Read more
At his first post-debate rally on Thursday, Donald Trump said he would end taxes on overtime work if he were elected president again. “We will end all taxes for overtime,” Trump declared in Tucson, Arizona. “That gives people more of an incentive to work. It gives the companies… it’s a lot easier to get the … Read more
Vice President Kamala Harris raised $47 million in a day after her debate against former President Donald Trump, a mammoth figure that came from more than 600,000 individual donations. The New York Times reported the new fundraising figures on Thursday as Harris was riding a wave following her strong performance as the two faced off … Read more
Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles Rettig at a Senate Finance Committee hearing. Tom Williams | Pool | Reuters With trillions in tax breaks scheduled to expire after 2025, lawmakers are debating policy priorities that could impact millions of families and small businesses. Enacted by former President Donald Trump in … Read more
