Every new client who opens an account at my firm hands over a driver’s license, a passport, or a certified trust document before a single dollar moves. Federal regulators call it Know Your Customer or KYC for short. I call it common sense: verify who someone is before you give them access to something valuable. […]
Rep. Jared Moskowitz (D-Fla.) said in a new interview that the House DOGE Caucus — originally intended to complement Elon Musk’s work at the White House — is now completely defunct. “The DOGE caucus is dead. It’s defunct,” Moskowitz said in a Politico interview, published in Q&A form on Tuesday. “We haven’t met in months,”...
Rep. Shri Thanedar (D-Mich.), who announced late last month that he had filed articles of impeachment against President Trump, moved on Tuesday to force an impeachment vote against the president. Thanedar’s move will result in a House vote on his resolution featuring seven articles of impeachment by Thursday by way of House rules. The Michigan...
Speaker Mike Johnson (R-La.) said he expects to have a deal on the state and local tax (SALT) deduction cap on Wednesday, after both sides of the tenuous negotiations reported progress following a Tuesday afternoon meeting. Johnson said the group was waiting on the Joint Committee on Taxation (JCT), the scorekeeper for Congress, to do...
Former Transportation Secretary Pete Buttigieg held a town hall in the influential early-contest state of Iowa on Tuesday, potentially fueling added speculation about another presidential run for the prominent Democrat. Buttigieg held the town hall with VoteVets, a progressive political action committee advocating on issues like national security and veterans’ care, in Cedar Rapids, marking...
Former Transportation Secretary Pete Buttigieg is set to host a town hall in Cedar Rapids, Iowa, on Tuesday evening, his first appearance since leaving the Biden administration earlier this year. The event, organized by VoteVets, is part of a broader effort to lift veterans' voices during the Trump administration. Buttigieg, who ran an unsuccessful Democratic...
Democrats are planning to put as much scrutiny as they can on President Trump’s plan to accept the gift of a plane from Qatar to serve as Air Force One, arguing that the ethical and national security lapses in accepting the jet will resonate with the public. They also want to cast the Department of...
The Medicaid portion of the House GOP's massive domestic policy bill would result in 10.3 million people losing Medicaid coverage by 2034, and 7.6 million people going uninsured, according to a partial (CBO) Congressional Budget Office estimate. Republicans released the estimates just ahead of the start of Tuesday's markup of the Energy and Commerce portion...
Small business optimism dipped in April for the fourth month in a row, according to the monthly National Federation of Independent Business (NFIB) survey released Tuesday. April was also the second consecutive month in which the small business optimism index fell below the 51-year average of 98, in the poll of small business owners. In...
Plus: Biden revelations ignite new Democratic divisions {beacon} PRESIDENT TRUMP on Tuesday pushed for a realignment between the U.S. and strategic partners in the Middle East on the first major foreign trip of his second term, underscored by the opulent, lavender carpet rollout he received from Saudi Arabia. The welcome party from Saudi Crown...
Speaker Mike Johnson (R-La.) on Tuesday evening will host a prayer vigil on the House steps honoring law enforcement officers who were killed in the line of duty. It is a tradition for families of fallen officers and coalition leaders to attend the Police Week event. The vigil is scheduled to begin at 6:15 a.m....
President Trump has criticized the current Air Force One as "much smaller" and "much less impressive" compared to other world leaders' jets, and has faced backlash for accepting a luxury jet from Qatar as a gift.
The tech industry is breathing a sigh of relief after the U.S. and China agreed to substantially lower tariffs, underscoring the prospect of de-escalation in a trade war that has been particularly challenging for the sector. The two countries appear to be walking back from a costly tit-for-tat exchange on tariffs, announcing a 90-day...
Major League Baseball has reinstated Pete Rose, "Shoeless" Joe Jackson, and a number of other former players who were previously banned from the game for life, potentially clearing the way for their induction into the Hall of Fame. The lifting of the ban, which was first reported by ESPN, is a major moment for the...
President Trump made his first stop on his Middle East swing in Saudi Arabia Tuesday, where he received a warm welcome from Crown Prince Mohammed bin Salman and top U.S. and Saudi business leaders. Trump secured hundreds of billions in investments from Saudi Arabia on Tuesday and took steps to reframe relations with the Middle...