Elon Musk, in his role as a “special government employee” leading the Department of Government Efficiency (DOGE), has been shaking up Washington with sweeping reforms aimed at reducing wasteful spending and restructuring federal agencies. But the billionaire entrepreneur is facing quiet pushback from the White House, as officials remind him that his influence is not…
Tanden emphasized that there is no constitutional barrier preventing Medicare drug negotiations, characterizing it as a fundamental principle. White House domestic policy adviser Neera Tanden expressed her strong belief that the Inflation Reduction Act’s Medicare drug negotiations program will withstand legal challenges This follows the recent declaration by the federal government that they will subject…
Former Treasury Secretary Larry H. Summers says he generally supports President Joe Biden’s economic policies, but he is concerned about the White House’s emphasis on industrial policy and outbound investment constraints, which he describes as nationalistic and “increasingly dangerous.” “I am profoundly concerned by the doctrine of manufacturing-centered economic nationalism,” Larry H. Summers exclaimed Tuesday at a…
According to various people who spoke to CNN, former president Donald Trump admits in a recording of a meeting from the summer of 2021 that he kept an official Pentagon document regarding a potential war on Iran. This opposes his claim that he disclosed everything. As per numerous sources aware of the inquiry, the video shows…
The White House’s Council of Economic Advisers issued a warning earlier this month that a US debt default might cause a stock market decline of 45% and lead to a severe recession similar to the Great Financial Crisis of 2008. Earlier in June, when Treasury Secretary Janet Yellen used all of the department’s exceptional initiatives, the…
Following Donald Trump’s conviction for harming and sexually assaulting advice columnist E. Jean Carroll, former White House aides are saying that this kind of conduct was typical of him during his time in the White House. Even worse, according to reports, additional staff members make sure the woman was “not alone” with the former president….
The choice by federal attorneys regarding whether to accuse Joe Biden’s son Hunter of tax fraud and misleading regarding his drug usage when he purchased a firearm is approaching, and the White House is preparing for potential political repercussions. Hunter’s attorneys met with David Weiss, the senior federal prosecutor in Delaware, the previous month at the…
The report estimated the impact of a potential breach of the debt ceiling under three scenarios: brinksmanship, a short default, and a protracted default. The White House Council of Economic Advisers published a blog post that warned a protracted debt default would lead to the loss of more than 8 million jobs and cut the…
During a briefing at the White House, Fox News correspondent Peter Doocy asked Jean-Pierre about China’s alleged secret police stations operating in the U.S. and the recent sightings of China’s spycraft flying over the country. White House Press Secretary Karine Jean-Pierre avoided a question on Wednesday about when President Biden would confront Chinese President Xi…