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The Hill

Senate GOP blocks push to restore gambling losses deduction

Senate Republicans on Thursday blocked an effort by Sen. Catherine Cortez Masto (D-Nev.) to restore the 100 percent tax deduction for gambling losses after it was cut down to 90 percent in President Trump’s massive tax and spending package that became law last week. Cortez Masto attempted to restore the full deduction via unanimous consent…

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5 takeaways from Trump’s tariff tussle with Brazil 

President Trump is seeking to intervene in a political fight roiling Brazil, demanding the country drop its prosecution of former President Jair Bolsonaro or face a 50 percent tariff on imports to the U.S. “The way that Brazil has treated former President Bolsonaro, a Highly Respected Leader throughout the World during his Term, including by the United…

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Obamas to produce Larry David US history sketch comedy series for HBO

The Obamas are teaming up with Larry David to produce a six-episode sketch comedy series on HBO to mark the country’s 250th anniversary, parent company Warner Bros. Discovery announced Thursday. The untitled limited series will focus on American history and will be executive produced by David, Jeff Schaffer and Higher Ground, the media company founded…

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Israel concludes some Iran enriched uranium survived US strikes: NYT

Israel has concluded that some of Iran’s enriched uranium survived the U.S.’s recent strikes on the country, The New York Times reported. A senior Israeli official told the Times that the country found American and Israeli attacks did not destroy a portion of an Iranian underground stockpile of enriched uranium, with Iranian nuclear engineers still…

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UN spokesperson calls US sanctions on Palestinian envoy ‘dangerous precedent’

The United Nations (UN) is pushing back against the United States after President Trump’s administration imposed sanctions on the UN special rapporteur on the occupied Palestinian territories Francesca Albanese on Wednesday.  The spokesperson for Secretary-General António Guterres, Stephane Dujarric, said during a Thursday briefing that the Trump administration’s move to slap sanctions on Albanese, who…

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White House accuses Powell of mismanaging the Fed, citing renovation

White House budget chief Russell Vought on Thursday accused Federal Reserve Chair Jerome Powell of mismanaging the central bank’s budget during renovations, adding to President Trump’s criticism of Powell. Vought, in a letter to Powell, said Trump is “extremely troubled” that he has “plowed ahead with an ostentatious overhaul” of the Fed’s headquarters in Washington,…

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