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Trump tasks blue state Republicans with ‘homework’ as GOP plots massive conservative policy overhaul

President-elect Donald Trump is giving Republicans his blessing to negotiate on a key tax that could prove critical to the GOP’s negotiations for a massive conservative policy overhaul next year. Trump met with several different groups of House Republicans at Mar-a-Lago over the weekend, including blue state GOP lawmakers who make up the House SALT Caucus – a group opposed to the current $10,000 cap on state and local tax (SALT) deductions that primarily affect...

Sullivan claims Biden admin leaves Russia, China and Iran ‘weaker,’ America ‘safer’ before Trump handoff

National security adviser Jake Sullivan claimed in an interview Sunday that Russia, China and Iran are ‘weaker’ and the United States is ‘safer’ after four years under President Biden’s leadership.  ‘Our alliances are stronger than where we found them four years ago,’ Sullivan said on CNN’s State of the Union, referring to President-elect Trump’s first term. ‘They’re stronger than they’ve been in decades. NATO was more powerful, purposeful and bigger. Our alliances in the Asia Pacific...

Biden awards Pope Francis with highest civilian honor, Presidential Medal of Freedom, over the phone

President Joe Biden awarded the Presidential Medal of Freedom with distinction, the nation’s highest civilian honor, to Pope Francis on Saturday. The medal was scheduled to be presented to the pope in person in Rome during what was to be Biden’s final overseas trip of his presidency, but Biden canceled his travel plans so he could monitor the wildfires in California. Instead, Biden bestowed the award on the pope during a phone call in which...

Rachel Reeves’ China visit restores crucial links with world’s second-largest economy

Agreements worth £600 million, potentially adding £1 billion in value to the UK economy, have been secured following Chancellor Rachel Reeves’ trip to Beijing. Winnie Cao, Head of Blick Rothenberg’s China Desk and China Business Group, described the productive discussions between Reeves and Vice Premier He Lifeng as a positive sign for both Chinese and British businesses. “Another outcome of this visit is the opening up of the legal services market, allowing more UK law...

Influential leader of Canada’s Ontario province seeks Trump, Musk meeting: US ‘needs us like we need them’

After President-elect Trump mused about using ‘economic force’ to acquire Canada as the 51st state during his Mar-a-Lago news conference on Tuesday, outgoing Canadian Prime Minister Justin Trudeau responded on social media that ‘there isn’t a snowball’s chance in hell that Canada would become part of the United States.’ However, as Trudeau announced on Monday his plan to resign as prime minister once the Liberal Party that he leads chooses his successor, the biggest pushback to Trump’s...

Rachel Reeves weighs a ‘hotel tax’ as treasury battles to fill funding gap

Britons and overseas visitors may soon find themselves paying a “hotel tax” on every overnight stay, under Treasury proposals designed to shore up the public purse as borrowing costs continue to climb. The potential levy, part of “modelling exercises” carried out by officials, mirrors the tourist taxes in countries such as France, where the nightly charge ranges from less than £1 at a campsite to more than £12 in five-star accommodation. Chancellor Rachel Reeves, who...

Special counsel Jack Smith resigns after 2-year stint at Department of Justice

Special counsel Jack Smith resigned from his position at the Department of Justice Friday, Fox News has learned. The resignation, which had already been expected since President-elect Trump was elected in November, was quietly announced in the footnote of a court filing Saturday.  ‘The Special Counsel completed his work and submitted his final confidential report on January 7, 2025, and separated from the Department on January 10,’ the note said. Smith was appointed by Attorney...

Trump announces new Cabinet deputies as inauguration date draws near

President-elect Trump announced incoming deputies for several key Cabinet positions in a series of social media posts Saturday as his inauguration date gets closer. Trump, who takes office in less than 10 days, made the announcement on Truth Social Saturday afternoon. He began by naming Katharine MacGregor as the next deputy secretary of the interior, a position she held in Trump’s first administration. ‘Katharine is currently Vice President of Environmental Services at NextEra Energy, Inc.,...

Here’s Why The Bottom Is Dropping Out of the Dow Jones

To understand what makes the Dow Jones tick, you have to first understand one of the key differences between the Dow Jones and the S&P 500 indices. There are a few, but none more critical than the following: Index Weighting The S&P 500 is market-cap weighted, meaning that companies with the highest market capitalization have a stronger hand in moving the S&P 500 index value. Currently, these are the companies that play the largest role...

Trump reportedly plans to unleash around 100 executive orders after taking office

President-elect Donald Trump indicated that he plans to push 100 — or around 100 — executive orders after assuming office, senators and reports have indicated, with the number varying slightly. Trump, who will take office later this month on Jan. 20, met with Senate Republicans on Wednesday. During a Thursday morning appearance on ‘Fox & Friends’ Sen. Markwayne Mullin, R-Okla., said that Trump indicated that there are almost 100 executive orders to address issues like...