Trump’s Power To Launch Nuclear Weapons Could Be Restricted By New Bill
“We should be concerned that he has the ability to launch nuclear weapons with literally no checks and balances,” says the bill’s sponsor, Rep. Ted Lieu. “One of the things you want to avoid is a fatal miscalculation.”
Amazon Aims To Block Its Own Shareholders’ Questions About Growth
As it seeks bids for new headquarters, Jeff Bezos’ company wants to kill a shareholder resolution that would force the retail giant to report on "the risks arising from the public debate over Amazon’s growth."
Colorado Lawmaker Says Fossil Fuel Firms May Make Less Money Due To Climate Change
Ed Perlmutter, a representative from a major oil and gas state, says climate change will likely make the industry less profitable, and that local communities should have some regulatory power.
Democratic Senators Want To Force Convicted Banks To Help Insure Pensions
The Democrats’ bill comes weeks after the Department of Labor issued waivers to convicted banks, including one that owns at least $130 million of debt from President Trump, allowing them to manage funds in federally regulated retirement systems.
How Free Trade Deals May Have Made The Mortgage Crisis And Great Recession Worse
Analysis by government researchers finds that trade-ravaged locales saw big increases in mortgage debt — which may have exacerbated the housing crisis.
Trump And Lawmakers Got Cash From Payday Lenders, Then Weakened Lending Rules
The industry funneled money to the president and top GOP lawmakers, then Trump officials moved to undo new regulations.
Mental Health Expert On Trump: ‘This Is A State Of Emergency’
The Yale University expert who briefed Congress tells IBT why a growing number of health professionals are alarmed by President Trump's “unraveling” —and how lawmakers of both parties reacted to her report.
Chris Christie Canceled Tunnel Over Price Tag, Now Pushes To Offer Amazon $5 Billion
He started his governorship canceling a tunnel project over its $5 billion price tag. Now Christie is ending his tenure pushing to hand a big gift to Amazon.
Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions
President Donald Trump owes millions to Deutsche Bank, which was one of five convicted banks that just saw its punishment waived by the Labor Department.
Goldman Sachs Trying to Kill Initiative Requiring More Lobbying Disclosure
The bank is aiming to prevent a vote on an initiative to require executives to detail their efforts to influence politicians
GOP Tax Bill Creates Deficits To Justify Cuts To Social Programs, Says Former Reagan Aide
A former Reagan aide says the Republican tax bill creates deficits deliberately — and that Reagan's image as a tax cutter is a "myth."
Trump Could Have Killed Carried Interest Loophole; Now It May Be Too Late
Experts argue President Trump could have closed the loophole the same way he has slashed regulations and restricted immigration: through an executive order. But the tax bill he just signed may make it harder to do so in the future.
GOP Provision Could Give 10 Times More Tax Relief To Corker And Trump Than Senate Bill
New data shows the final tax bill could deliver 10 times more tax relief to real estate moguls than did the Senate version of the bill.
Cornyn Pipeline Amendment Enriches GOP Lawmakers; Language Inserted As Cornyn’s Former Aide Lobbied On The Issue
Sen. John Cornyn’s pipeline provision benefits Sen. Ted Cruz and other Republicans. He inserted it into the tax bill as his former chief of staff lobbied on the issue.
Republican Senators Will Save Millions With Special Real-Estate Tax Break
The GOP tax bill includes a special real-estate tax cut — a provision that could personally enrich more than a dozen Republican senators who voted on the bill.
Tax Bill: Bob Corker's Top Aide Could Reap Windfall From Controversial Real Estate Provision
The GOP senator's chief of staff has been investing in real estate LLCs that could get new tax cuts under controversial last-minute provision.
Senator Orrin Hatch Says He Wrote Tax Provision At Center Of Corker Controversy
Orrin Hatch argued that the tax break was already in the House version of the tax bill. Experts disagree.
Tax Bill: Bob Corker Demands Answers From Chairman Orrin Hatch About Last-Minute Tax Provision
In response to IBT’s investigation, the GOP senator is pressing his party for answers about the provision, which could enrich Corker and other GOP lawmakers. Corker also said the provision was in the House version of the bill, a claim experts disputed.
Tax Bill: John Cornyn Says Tax Cut Potentially Benefiting Bob Corker Was Part Of Effort To Secure Votes For Passage
A provision that could enrich key GOP lawmakers was part of effort to “cobble together the votes we needed,” said the Texas senator.
Senator Bob Corker Said He Hasn’t Read The Tax Bill, Denies Changing His Vote In Exchange For Personal Tax Breaks
In a series of telephone calls with IBT, GOP senator denies knowledge of a key provision that could enrich him.
Last-Minute Real Estate Tax Break In GOP Bill Will Benefit Trump
President Donald Trump has made tens of millions of dollars of rental income that could be subjected to a special new tax break in the Republicans’ tax legislation released Friday.
Donald Trump And GOP Leaders Could Be Enriched By Last Minute Tax Break Inserted Into Final Bill
The new tax break — slipped into the final bill — specifically benefits people who own large real estate holdings through LLCs and partnerships, experts said.
Paul Ryan And Top Republican Lawmakers Could Reap Personal Windfall From New Real Estate Tax Breaks
House Speaker Paul Ryan and 12 other Republicans are crafting tax provisions that could end up making them big money.
Net Neutrality: Republican Lawmakers Join Outcry Against Trump Repeal Move
On the eve of the FCC’s vote, some prominent GOP lawmakers are now demanding the net neutrality rules be preserved.
Tax Bill: John Cornyn’s Fossil Fuel Provision Would Personally Enrich Republican Lawmakers
GOP’s middle-of-the-night tax break for oil and gas investors would benefit some of the Republican Party’s wealthiest legislators
Elizabeth Warren And Sherrod Brown Slam Mulvaney For Conflicts Of Interest
Following an IBT report on payday lenders' campaign donations to Mick Mulvaney, two Democratic senators —and possible presidential candidates — called out the acting CFPB director's conflicts of interest.
Trump Financial Regulator Mulvaney Pushed CFPB To Back Off Industry That Bankrolled Him
Correspondence obtained by IBT shows Trump's financial regulator went to bat for the finance industry that was bankrolling his campaigns.
Tax Bill: Koch Brothers’ Senator Pushes Tax Break For ‘Dark Money’ Groups
Kansas GOP Sen. Pat Roberts represents Koch Industries home state in Congress — and pushed to let the billionaire brothers write off their donations to secretive political groups.
Tax Bill: Former House Staffers Return, Now Representing Special Interests
As Republican lawmakers prepare to finalize a sweeping tax cut bill, their former aides are back in congressional offices, now representing the real estate, tech, health care and private jet management industries.
Tax Bill Provision From Texas Senator Would Enrich Pipeline Giants
A last-minute provision would give the GOP’s fossil-fuel donors a new tax break.
