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The U.S. administration says there's no known intelligence that Iran moved its enriched uranium before strikes last week. We look at some of the hurdles Congress will face to pass U.S. President Donald Trump's tax bill by the July 4th holiday. Investors worry about a "shadow" Fed chair. And Venice gets ready for Jeff Bezos' wedding extravaganza. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mamdani's primary win in New York excited progressives as the Democratic Party tries to find its footing after its 2024 losses. Host Colby Itkowitz talks with national enterprise reporter Sarah Ellison about whether Mamdani's victory could be a road map for the party. They also talk with senior congressional reporter Paul Kane about whether the Senate will pass Trump's big tax bill and how congressional Republicans have continued to cede power to the executive branch. Today's show was produced by Laura Benshoff. It was edited by Lucy Perkins and Reena Flores. It was mixed by Sean Carter. Thanks also to Arjun Singh. Subscribe to The Washington Post here.
Mohamed El-Erian says it's getting harder to believe the Fed is apolitical. President Trump's mega bill hits a snag in the Senate. Plus, what Zohran Mamdani's NYC primary win means for regional banks.
According to the Deseret News, The Senate parliamentarian nixed a number of proposals Republican lawmakers hoped would help pay for more than $4.5 trillion in tax cuts. Greg and Holly discuss.
Former US Chief of Staff for Mike Pence Marc Short, who helped pass the tax bill in Trump's first term, discusses how much different is it this time around, how SALT debate will play out, taxing working families, border spending, tariffs, and foreign policy practices. Short spoke with Bloomberg's Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.
How are investors affected by rising U.S. government debt? • Learn more at thriventfunds.com • Follow us on LinkedIn • Share feedback and questions with us at podcast@thriventfunds.com • Thrivent Distributors, LLC is a member of FINRA and a subsidiary of Thrivent, the marketing name for Thrivent Financial for Lutherans.
Rep. French Hill, a Republican from Arkansas, talks about Federal Reserve Chair Jerome Powell testifying before Congress, unrest in the Middle East and President Donald Trump's tax and spending bill that is now trying to pass through the Senate. He is joined by Bloomberg's Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.
In this special episode of The Hydrogen Podcast, we break down the June 17 Reuters article, “Trump Tax Bill Risks Exodus of Clean Hydrogen Investment.”
Breaking News - Senate Tax Bill Text Released. With both the House and Senate versions now on the table, which proposal offers bigger tax cuts? Which one could save you more money? I'm breaking down the differences between the House and Senate proposals and what's changing and how it will affect you.Intro & Why This Tax Bill Matters00:00 - 00:02:25Expiring Tax Provisions in 202600:02:25 - 00:03:32Standard Deduction & Income Tax Rates00:03:32 - 00:09:07Child Tax Credit Breakdown00:09:07 - 00:10:59State and Local Tax (SALT) Deduction Debate00:10:59 - 00:15:13No Tax on Tips & Overtime Explained00:15:13 - 00:20:14Small Business Tax Breaks (QBI & Bonus Depreciation)00:24:02 - 00:29:27House vs. Senate: Final Comparison00:29:27 - 00:30:25 Grab my FREE Ultimate Tax Strategy Guide HERE! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification. You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360 Looking to connect with a rock star law firm? KKOS is only a click away! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!
As the debate about President Trump’s tax bill — known as the “One Big Beautiful Bill” — plays out among lawmakers in Washington, there’s been increasingly heated criticism of the non-partisan Congressional Budget Office. It calculates the costs and savings from the bill — including from the White House. On today’s episode of the Big Take, host Saleha Mohsin sits down with CBO director Phillip Swagel to hear how his agency churns out economic forecasts from inside the center of a political storm. Further listening: Stephen Miran Explains Why There’s No Secret Dollar PactSee omnystudio.com/listener for privacy information.
Public dollars. Private schools. Political firestorms. In this episode, Kevin talks with long-time school choice advocate John Schilling about what happens when education funding follows the student instead of the system. They dig into the proposed federal scholarship tax credit: what it is, who it helps, and why supporters say it's about opportunity—not ideology. Opponents fear it's the beginning of the end for public schools. Advocates say it's already helping students, especially those in underserved communities. From Florida's model programs to Washington's sharp divisions, this conversation reveals how political will, policy design, and real family needs are shaping the future of school choice. If education is supposed to be about students, then maybe the money should be too. This might be what you want to know. What You'll Learn 01:30 – Why John Got Into School Choice 04:30 – State Politics vs. Federal Legislation 07:30 – What Is a Federal Tax Credit for Education? 09:00 – Florida as a School Choice Success Story 10:30 – How Federal Credits Could Expand Access Nationwide 12:00 – Will This Hurt or Help Public Schools? 15:00 – Research on Outcomes for Scholarship Students 16:30 – Can We Take the Politics Out of Education? 19:30 – What's Next for the Legislation? Go Deeper with John Schilling
Glenn Hubbard, Columbia Business School Dean Emeritus and former White House chief economist discusses the upcoming Federal Reserve rate decision and the path forward for interest rates this year as well as the tax bill making its way through Congress.See omnystudio.com/listener for privacy information.
The One Big Beautiful Bill Act is really about one big thing: Taxes. Some conservative economists say it also shows a striking shift in Republican tax policy.
There is the potential for deterring foreign companies from investment in the U.S. due to a provision in Trump's tax bill that could impose steep new taxes on foreign investors. Today's Stocks & Topics: MTZ - MasTec Inc., MU - Micron Technology Inc., Market Wrap, Trump's Tax Bill Could Raise Taxes on Foreign Companies, NEE - NextEra Energy Inc., NUE - Nucor Corp., LMT - Lockheed Martin Corp., SUN - Sunoco L.P., I-R-A Rollover, Rising tensions in the Middle East, ASIX – Advan Six Inc., CHWY - Chewy Inc. Cl A, Unemployment Rate For New Grads.Our Sponsors:* Check out Ka'Chava and use my code INVEST for a great deal: https://www.kachava.com* Check out Progressive: https://www.progressive.comAdvertising Inquiries: https://redcircle.com/brands
This Day in Legal History: Glass-Steagall SignedOn June 16, 1933, President Franklin D. Roosevelt signed the Banking Act of 1933 into law—a pivotal piece of Depression-era legislation better known by the names of its congressional architects: Senator Carter Glass and Representative Henry Steagall. The law's timing was not accidental; it came just months after the catastrophic banking failures that had shuttered thousands of banks and evaporated public trust in the financial system. At its core, the act sought to restore that trust through structural reform, not just emergency patchwork.The most well-known feature of the law was the creation of the Federal Deposit Insurance Corporation (FDIC), which for the first time guaranteed Americans' bank deposits up to a set amount. This singular policy innovation helped stem the tide of bank runs and brought stability to the retail banking sector almost overnight.But the law went further. In what became known as the Glass–Steagall provisions, it imposed a formal separation between commercial banking and investment banking. The rationale was simple: banks that take deposits and issue loans should not also be speculating in stocks, bonds, or other risky assets. The aim was to curtail the kind of speculative behavior that had, in part, fueled the 1929 crash.This firewall between different banking functions endured for decades, until its gradual erosion and eventual repeal under the Gramm-Leach-Bliley Act of 1999. Critics of deregulation would later argue that dismantling Glass–Steagall helped set the stage for the 2008 financial crisis.So, why does June 16 matter? Because it marks the day Congress decided that the rule of law—not just market forces—would govern American finance. It's a reminder that even in moments of deep economic despair, institutional design and legislative action can restore public confidence. The legacy of the 1933 Banking Act lives on every time someone deposits a paycheck without worrying if their bank will still be open next week.President Donald Trump has ordered a major escalation in deportation operations by Immigration and Customs Enforcement (ICE), targeting the largest U.S. cities like Los Angeles, Chicago, and New York. The initiative, described by Trump as the "single largest Mass Deportation Program in History," comes amid widespread protests and legal opposition. Trump framed the policy as necessary to remove "millions" of undocumented migrants but also pledged to soften its impact on sectors like agriculture and hospitality, which rely heavily on immigrant labor.ICE is now arresting roughly 2,000 undocumented individuals daily, a significant increase from the Biden administration's rates. Trump aide Stephen Miller has pushed for even higher daily arrests, aiming for 3,000. This surge coincides with a drop in the number of foreign workers, contributing to an overall labor force decline.In response to protests—particularly in Los Angeles—Trump deployed National Guard troops and up to 700 active-duty Marines to secure federal property, sparking backlash from local leaders. California Governor Gavin Newsom has sued the administration, challenging the legality of the troop deployment. A federal appeals court is currently reviewing a lower court's restriction on the National Guard's use.Trump Orders ICE to Expand Deportations in Largest US CitiesSenate Republicans are preparing to unveil their draft of President Trump's sweeping $3 trillion economic package, aiming for passage by Independence Day. But one key detail remains conspicuously unresolved: the state and local tax (SALT) deduction cap.The draft, expected Monday, reflects weeks of intraparty negotiation. Finance Committee Chair Mike Crapo has been trying to thread the needle between budget hawks, business-friendly Republicans, and clean energy holdouts. While the bill includes permanent extensions of key Trump-era business tax cuts—like R&D deductions, interest expensing, and full depreciation—the SALT cap remains a political landmine.The House version, passed earlier this year, raised the SALT cap to $40,000 in a bid to placate Republicans from high-tax states like New York, New Jersey, and California. Senate GOP leaders, by contrast, are floating either retaining the $10,000 cap or leaving it blank for now. Majority Leader John Thune admitted there's little appetite among senators from low-tax states to raise it.The SALT cap is more than a tax policy footnote—it's a litmus test for how seriously Republicans take their own rhetoric on fiscal responsibility. Repealing or expanding the cap would disproportionately benefit wealthy households in blue states while blowing a hole in federal revenues. It's a strange hill for a so-called “populist” party to die on.House Speaker Mike Johnson is pressuring the Senate to keep the $40,000 cap, warning that anything less could tank the bill in the House. It's a delicate dance between appeasing suburban Republicans and not torching whatever remains of fiscal conservatism.Meanwhile, energy companies are watching closely to see how the bill handles the phase-out of clean energy credits. Foreign investors are lobbying against the "Section 899 revenge tax," and Medicaid work requirements face their own internal friction. States may not be ready to implement them, and pushback is mounting over penalizing low-income parents.Senate to Unveil Trump Tax Bill Draft With SALT Fight UnresolvedA federal judge in Boston is weighing whether to block President Trump's latest move to bar foreign nationals from studying at Harvard University, as part of a broader legal fight over immigration, education, and executive power.The administration's proclamation—signed earlier this month—cites national security concerns and temporarily suspends the entry of international students bound for Harvard. It also directs the State Department to consider revoking visas for those already enrolled. The measure follows Homeland Security Secretary Kristi Noem's earlier attempt to strip Harvard's certification to host international students, which the court temporarily blocked.Harvard, which counts nearly 6,800 international students (about 27% of its student body), argues that the Trump administration is engaging in unconstitutional retaliation. The university claims it's being punished for resisting White House efforts to control its governance, curriculum, and ideological direction—an alleged violation of First Amendment protections.Trump's proclamation, and the broader freeze on $2.5 billion in Harvard funding, mark an unprecedented federal offensive against the country's oldest and wealthiest university. Harvard is now seeking a broad injunction to protect its ability to host foreign students while its lawsuits proceed.The Justice Department, for its part, is asking the court to treat Trump's proclamation separately from Noem's earlier actions, arguing it rests on different legal grounds and doesn't expel current students—at least not yet.The outcome of today's hearing could have profound implications, not just for Harvard, but for how far a sitting president can go in leveraging immigration law to reshape higher education.Harvard to urge judge to bar Trump from closing doors for international students | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Walking through the 10 most important aspects of Trump's Big, Beautiful Bill. I cover the aspects I believe are beneficial as well as the biggest downside. A concerning increase in the national debt...0:00 Introduction0:10 Makes 2017 Tax Cuts Permanent1:14 MAGA Savings Accounts For Babies2:00 Stricter Work Requirements for Medicaid2:16 Tax-Free Tips, OT Pay & Car Loan Interest3:37 $70B for Security Border3:54 $150B Boost in Military Spending4:38 Ends Clean Energy Incentives5:44 SALT Cap Raised from $10k - $40k6:40 Judicial Oversight Limited6:55 Adds $4 Trillion to National DebtWant a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vault______________________________________________ Learn More About BetterWealth: https://betterwealth.comDISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.
In a week of negative data, the Rise UP! team of Terri Kallsen and Bleakley Financial Managing Partner Scott Schwartz and Partner Jeffrey Miller find the upside of investment opportunities. From how a much weaker dollar creates opportunities overseas, to the Mag 7 and the trickle down effect they have on other companies and the huge AI opportunities that still exist. Also, what is really going on with inflation and the economy and building an "all weather" portfolio. Plus, an in-depth conversation on planning for your retirement including Jeff's yo-yo correlation you don't want to miss. Key Takeaways: How to Capitalize on a Weaker Dollar Opportunities the Mag 7 Create and Other Sector Options Building an "all weather" portfolio that gets through any storm Retirement planning and there is a difference between financial independence and retirement Get Jeff and Scott's great insights one-on-one with a free review of your portfolio. Go to wealthion.com/free and select Bleakley Financial on the form. Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Chapters: 2:06 - Markets This Week 2:58 - News Affecting the Markets 4:30 - A Weaker Dollar Isn't Necessarily a Bad Thing 5:50 - Sectors Where Value Still Exists 7:45 - The 70/30 Analysis 8:21 - The “All Weather” Portfolio 10:40 - The Latest on Tariffs 11:45 - There's Optimism Out There 13:28 - The Cause and Effect of Tariffs and Your Portfolio 14:40 - Cap X Spending 16:25 - AI Driving Markets and Cap X of the Mag 7 17:30 - AI and the Big Future that Exists 19:34 - The Mag 7 is Back 20:30 - Mag 7 Likely Overpriced — Areas Where There is Value 22:20 - Mag 7 S&P Share and the Trickle Down Effect 24:52 - Planning for Your Retirement Planning 25:20 - How Do I Know When is the Best Time to Retire? 27:15 - There's a Difference Between Financial Independence and Retirement 30:30 - How Do I Take Advantage of the Upside of the Tax Bill, While Protecting My Portfolio From Potential Economic Slowdown? 30:45 - Portfolio Correlation — the Yo-Yo Correlation 33:25 - Gold, Silver, Platinum and Other Assets that can Protect Your Portfolio 36:00 - When Do I Need to Start Thinking About My Retirement Plan? 37:00 - What to Watch Next Week Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #AI #RetirementPlanning #Mag7 #StockMarket #InvestmentStrategy #Macroeconomics #USDollar #Gold #Silver #PortfolioManagement ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices
President Trump's “One Big Beautiful Bill Act” is meeting stiff resistance from the public, according to a new Quinnipiac poll. The legislation includes deep Medicaid cuts and new tax breaks, but 53% of voters oppose the plan. With approval ratings falling and skepticism growing — even among Republicans — lawmakers now face pressure to listen to public sentiment. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices
Andy and Larry Pershing from Optimum Retirement Planning share their thoughts on a handful of current events and "hot topics" relating to retirement planning. Specifically, they talk about: The pending "Big Beautiful Bill" tax bill that recently was approved by the House; what's in it, what's not in it, practical planning considerations around it, etc. ( 8:12 )Potential concerns about US debt US government bond defaults ( 34:50 )Talking to kids and heirs about your estate planning and wishes for after you're gone ( 50:02 )Estimated tax payments for people who recently retire ( 59:40 )Sources and tools to consider using to do tax return and estimated tax estimates ( 1:02:27 )The level of the S&P 500's concentration to the top few companies and the technology sector ( 1:06:04 )Whether 1.75% of assets is a reasonable fee for a financial advisor to charge ( 1:19:07 )What to know and consider when keeping money behind in a 401(k) vs rolling it over to an IRA ( 1:26:01 )Links in this episode:Larry's firm - Optimum Retirement PlanningLarry's previous appearance on the Retirement Planning Education Podcast - #081 – Retirement planner chat, with Larry Pershing from Optimum Retirement PlanningTax Foundation's summary of the Big Beautiful BillStephanie Kelton's book - The Deficit MythThe DinkyTown 1040 estimatorThe IRS Tax Withholding EstimatorTenon Financial's August 2024 newsletter about - Employer plan-to-IRA rollover pros and consTo send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.comMy company newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com
Health and Human Services Secretary Robert F. Kennedy Jr. this week did something he had promised not to do: He fired every member of the scientific advisory committee that recommends which vaccines should be given to whom. And he replaced them, in some cases, with vaccine skeptics. Meanwhile, hundreds of employees of the National Institutes of Health sent an open letter of dissent to the agency's director, Jay Bhattacharya, accusing the Trump administration of policies that “undermine the NIH mission, waste our public resources, and harm the health of Americans and people across the globe.” Anna Edney of Bloomberg News, Sarah Karlin-Smith of the Pink Sheet, and Joanne Kenen of the Johns Hopkins Bloomberg School of Public Health and Politico Magazine join KFF Health News' Julie Rovner to discuss these stories and more. Also this week, Rovner interviews Douglas Holtz-Eakin, president of the American Action Forum and former director of the Congressional Budget Office, to discuss how the CBO works and why it's so controversial. Plus, for “extra credit,” the panelists suggest health policy stories they read this week that they think you should read, too: Julie Rovner: Stat's “Lawmakers Lobby Doctors To Keep Quiet — or Speak Up — on Medicaid Cuts in Trump's Tax Bill,” by Daniel Payne. Joanne Kenen: ProPublica's “DOGE Developed Error-Prone AI Tool To ‘Munch' Veterans Affairs Contracts,” by Brandon Roberts, Vernal Coleman, and Eric Umansky. Anna Edney: KFF Health News' “Two Patients Faced Chemo. The One Who Survived Demanded a Test To See if It Was Safe,” by Arthur Allen. Sarah Karlin-Smith: Wired's “The Bleach Community Is Ready for RFK Jr. To Make Their Dreams Come True,” by David Gilbert. Hosted on Acast. See acast.com/privacy for more information.
Trump's new tax bill aims to extend tax deductions that are set to expire, ensuring continued economic growth and stability for real estate investors. But how can these changes benefit your investment strategy? In this episode, Dave breaks down President Trump's signature tax legislation (the "One Big Beautiful Bill Act" or OBBBA) making its way through Congress, including what's in it, what's missing, and the implications for real estate investors. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Jump to topic: (00:00) Why This Tax Bill Matters Now (01:06) What's Actually Inside the “One Big Beautiful Bill Act” (OBBBA) (03:02) Real Estate Relevance: Bonus Depreciation Origins and Extension Details (04:30) Bonus Depreciation Returns: Timeline and Impact for Investors (05:50) Breakdown of Spending Cuts Meant to Offset Tax Reductions (07:15) What Didn't Make It In: Real Estate and Housing Provisions Left Out (08:25) The Debate: Arguments For and Against the Tax Bill (14:44) Real Estate Investor Takeaways: What This Bill Means for You (20:04) Broader Economic Outlook & Final Thoughts (21:48) Final Thoughts: What Happens Next, and When to Expect Updates Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-329 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Landmark Senate cryptocurrency legislation cleared another procedural hurdle on Wednesday, inching the upper chamber closer to a vote on final passage following weeks of delays and hiccups.~This Episode is Sponsored By Coinbase~ Buy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/CBARRON00:00 Intro00:18 Sponsor: Coinbase00:26 Massive Win!01:30 Votes01:55 Genius Act vote today02:10 Maxine wants to have final word03:10 Sherman vs Warren Davidson: self-custody won04:24 DOGE not on blockchain04:50 Pro-Crypoto Democrat05:00 Scott Bessent grilled on user data07:30 Scott Bessent denies Tax Bill adding to deficit08:15 Moodys x Solana08:51 Trump Tax Cuts & Biden Bill crashed market10:25 M2 Money supply11:05 No tax on tips threatened by republicans11:26 Scott Bessent bluff called on No Tax On Tips12:35 Outro#Crypto #ethereum #Bitcoin~Historic Crypto Bills Passing Soon!?
Major catalysts unlocked today: China trade deal, Crypto regulation, and Tax Bill moving forward.~This episode is sponsored by Tangem~Tangem ➜ https://bit.ly/TangemPBNUse Code: "PBN" for Additional Discounts!Guest: Tim Warren, Host of Investing BrozInvesting Broz Youtube ➜ https://www.youtube.com/@investingbrozFollow on Twitter ➜ @tims_ta 00:00 Intro00:18 Sponsor: Tangem01:18 Howard Lutnick: Trade Deal Done02:45 Why isn't Bitcoin flying?04:10 Mike Wilson: we bottomed and institutions are not all in05:30 Bitcoin analysis09:55 Bitcoin vs M212:05 Summer myths13:00 $IBIT breaking records13:40 Clarity Act passed14:37 Ethereum analysis17:00 Bitcoin Dominance vs Altseason20:08 ETFs20:50 $SBET Bullish24:27 Polygon Analysis27:44 Brad Garlinghouse : XRP APEX event28:41 XRP analysis32:03 Solana ETF35:05 Outro#Crypto #bitcoin #ethereum~MAJOR Crypto Catalysts!
US Senator Ted Cruz, a Texas Republican, discusses the tax-cut package passed by the House and the anti-deportation protests in Los Angeles with Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.
Follow Prof G Markets: Apple Podcasts Spotify Scott and Ed break down Reddit's lawsuit against Anthropic, the controversy surrounding the new $TRUMP-branded crypto wallet, and why Warner Bros. Discovery shareholders rejected CEO David Zaslav's pay package. Then, they unpack the growing opposition to the GOP Tax Bill and debate the potential motivations for Elon Musk's criticism of the bill. Scott shares his thoughts on how critics of the bill can mount a more effective response. Finally, they examine why venture capital is pulling back from seed-stage investments, and Ed reflects on the growing challenges facing young investors and entrepreneurs. Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgmarkets Follow Scott on InstagramFollow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices
National Guard troops have been deployed on the streets of Los Angeles, as police and protesters clash over federal immigration raids. It's a move California Governor Gavin Newsom calls ‘unlawful.' And after Elon Musk denounced Trump's tax and spending bill – what's next for its future. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Find the Recommended Read here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
In DC Dynamics episode 21: Solving the Tax Bill Buzzle, host Ray Beeman, Washington Council EY's managing partner, discusses the Republican-led reconciliation bill focused on extending the Tax Cuts & Jobs Act (TCJA) provisions set to expire at the end of 2025. The episode highlights how Speaker Mike Johnson narrowly passed the House version of the “One Big Beautiful Bill,” navigating various internal Republican factions and relying on President Trump's intervention. In addition, Beeman walks through some of the challenges ahead in the Senate, including potential Byrd Rule violations, concerns about Medicaid cuts, and the need to maintain a delicate balance to secure enough votes. While a large tax bill seems inevitable given the Republican majority and presidential support, the specific details and timing remain uncertain, with a likely push for passage before the August recess. For more information on budget reconciliation, be sure to check out the budget reconciliation basics page on EY.com: https://www.ey.com/en_us/insights/tax/budget-reconciliation-basics Washington Council Ernst & Young (WCEY) is a tax, legislative and regulatory group within Ernst & Young LLP that combines the power of a leading professional services organization with the on-the-ground knowledge, personal relationships and attention to detail of a boutique Washington-insider firm. https://www.ey.com/en_us/services/tax/washington-council-ernst-young
After watching Elon Musk rip his signature bill throughout the day, President Donald Trump unleashed a flurry of executive actions that bulldozed the discourse to other matters.~This episode is sponsored by Tangem~Tangem ➜ https://bit.ly/TangemPBNUse Code: "PBN" for Additional Discounts!00:00 Intro00:18 Sponsor: Tangem00:41 Elon ramps up Tax Bill criticism01:36 TYT: Elon upset he was fired03:50 Starlink for money04:30 Trump x China call05:05 CNBC: Both sides need to strive for a win-win07:25 CNBC: Real cost of tariffs09:15 Institutional investors are bearish on the dollar10:17 Darius Dale: The risk asset is the treasury bond market12:26 Trump vs Powell13:35 ECB: Statement on rate cut & trade tensions15:40 JP Morgan: Bitcoin Loans16:26 Will Circle IPO be a top signal?18:00 Tom Lee: Melt-up imminent19:30 Outro#tariffs #crypto #bitcoin~Tax Bill vs Crypto Market
Former New Hampshire Governor Chris Sununu weighs in on the fight between Elon Musk and President Donald Trump and why he believes Musk is right about the looming economic impact of the 'Big Beautiful Bill'. See omnystudio.com/listener for privacy information.
In this episode of Main Street Matters, Elaine Parker and EJ Antoni from the Heritage Foundation discuss the implications of President Trump's tax reform bill on small businesses. They explore the benefits and drawbacks of the bill, including the small business tax deduction, the SALT deduction, and the need for spending cuts. The conversation also touches on the complexities of legislation and the importance of communicating federal finance to the public. Read more of EJ's work HERE | https://herit.ag/4kyxN0k #smallbusiness #taxreform #Trump #taxbill #SALTdeduction #economicgrowth #spendingcuts #federalfinance #taxdeductions #smallbusinessowners #legislationSee omnystudio.com/listener for privacy information.
Amy King hosts your Friday Wake Up Call. ABC News White House correspondent Karen Travers speaks on the riff between President Trump and Elon Musk. ABC News national correspondent talks about snack foods getting warning labels in Texas. Denise Pellegrini from Bloomberg Media joins the show to give insight into business and Wall Street. The show closes with ABC News investigative reporter Peter Charalambous discussing President Trump's proclamation barring foreign students from entering the country to study at Harvard.
Iowa Congresswoman Ashley Hinson was speaking to constituents at a pair of town halls touting her support for President Donald Trump's tax and spending bill while members of the audience began booing in an attempt to drown her comments out. The raucous town halls happen as House Republicans push for spending cancellations and others are demanding deeper budget cuts to a proposed spending bill. President Trump has requested lawmakers rescind $9.4 billion in spending already allocated that include foreign aid and funding to public broadcasting. FOX's Ryan Schmelz speaks with Congresswoman Ashley Hinson (R-IA), representing Iowa's 2nd district, who says she will continue to speak at town halls and push President Trump's agenda that she very much believes in. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this week's Politics Block we take a call from a listener asking about the Save Act and what, if any, restrictions should be placed on potential voters' rights. We then discuss Trump's “Big Beautiful Tax Bill,” seeking to determine just how progressive or regressive it actually is. We close with a brief teaser about the effect Modern Monetary Theory might have on the tax issue.
Shelley in Long Island NY called in to tell Mark that Donald Trump is allegedly being deceived by his staff about his handling of the Ukraine and Russia war. Vincent In Brooklyn NY calls Mark to give him details about his parents Tax Bill from back in time, you'll be surprised how much Taxes have changed that you pay. See omnystudio.com/listener for privacy information.
Shelley in Long Island NY called in to tell Mark that Donald Trump is allegedly being deceived by his staff about his handling of the Ukraine and Russia war. Vincent In Brooklyn NY calls Mark to give him details about his parents Tax Bill from back in time, you'll be surprised how much Taxes have changed that you pay.
Carl Quintanilla and Sara Eisen discussed weaker-than-expected May jobs data from ADP. Oppenheimer Chief Investment Strategist John Stoltzfus joined the program to discuss his market perspective. He also reacted to Congressional Budget Office analysis which shows President Trump's tax and spending bill would add $2.4 trillion to the national debt. Bridgewater Associates founder and legendary investorRay Dalio discussed how failing to rein in debt would result in dire consequences for the U.S. economy. Senate Banking Committee Ranking Member Elizabeth Warren (D-MA) appeared on the show and slammed Wells Fargo's 7-year, $2 trillion asset cap being lifted by the Fed – saying Wells should “stop breaking the law.” Warren also reacted to Elon Musk's criticism of Trump's “big, beautiful bill.” Squawk on the Street Disclaimer
(June 04, 2025)Elon Musk rails against Trump's tax bill, calling it ‘a disgusting abomination.' FEMA is not prepared. Los Angeles tourism workers rally against Referendum to overturn $30 minimum wage. Is it sex education or porn? Huntington Beach comes to blows over library books.
A report by the US Congressional Budget Office in Washington found Wednesday that President Donald Trump's tax bill adds $2.4 trillion to US debt. Also, Rahul Tandon looks at the impact that hackers are having on some of the world's best-known retailers and other brands – North Face, Cartier and Victoria Secret are the latest companies being targeted. Europe and the United States say progress has been made in their trade talks about the tariffs, but how important is the outcome of these talks to US wine importers? We hear from the president of Cynthia Hurley French Wines, which is based just outside Boston in Massachusetts.
AP correspondent Ed Donahue reports on numbers released on President Trump's signature bill.
The family of the suspect charged in an antisemitic attack in Colorado has been taken into ICE custody. Elon Musk's scathing criticism of President Trump's agenda bill caught some White House officials off guard. A man admitted to framing an undocumented migrant to get him deported. CNN's exclusive footage showing Sean “Diddy” Combs assaulting Cassie Ventura was a key part of today's testimony. Plus, the New York Knicks say goodbye to their head coach after five seasons. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Trump's new tax bill is here — and it's being called the most sweeping tax reform since the 2017 Tax Cuts and Jobs Act. In this episode, we break down exactly what's in the bill, how it affects your taxes, and what it could mean for your future.Whether you're a middle-class family, small business owner, senior, or service industry worker, this episode gives you a clear and engaging walkthrough of the tax changes — from permanent tax cuts to MAGA accounts for kids, a bigger child tax credit, and tax-free overtime and tips. We'll also cover the controversial cuts to Medicaid, SNAP, and EV tax credits, plus what might change in the Senate.This episode is designed to help you understand the real-world impact of the bill — the good, the bad, and the unknown. If you want to stay informed, avoid the spin, and make sense of how this legislation could affect your wallet, this is the episode you don't want to miss.Topics include:o Extension of TCJA tax cutso No federal tax on tips and overtime payo MAGA accounts for children under 8o Increased standard and senior deductiono Child Tax Credit raised to $2,500o SALT deduction cap increasedo EV tax credit repealo Cuts to Medicaid, SNAP, and Planned Parenthoodo Estate and small business tax changeso What the Senate might changeMake sure to like, comment, and subscribe for more in-depth analysis of how policy changes affect you and your money.Articles Referenced: https://bipartisanpolicy.org/explainer/whats-in-the-2025-house-republican-tax-bill/**Support the Stream By Shopping at Our Store** Buy Your Financial Mirror Gear: https://www.thefinancialmirror.org/shop YouTube: https://www.youtube.com/@thefinancialmirrorRumble: https://rumble.com/TheFinancialMirrorFacebook: https://www.facebook.com/thefinancialmirr0rX: https://twitter.com/financialmirr0rInstagram: https://www.instagram.com/thefinancialmirror/Podcast: https://creators.spotify.com/pod/show/thefinancialmirrorIf you are in need of a Financial Coach, don't waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/#TrumpTaxBill2025 #TaxReform #MAGAAccounts #OneBigBeautifulBill #NoTaxOnTips #ChildTaxCredit #StandardDeduction #EstateTax #SmallBusinessRelief #EVTaxCredit #MedicaidCuts #SNAPReform #TaxPolicy #ConservativeFinance #USPolitics
Russian and Ukrainian officials are due to meet in Istanbul for a second round of direct peace talks, a day after Ukraine launched one of its most ambitious attacks of the war. Eight people have been injured after a man yelled "Free Palestine" and threw incendiary devices into a crowd in Boulder, Colorado. Nationalist opposition candidate Karol Nawrocki has narrowly won Poland's presidential election, delivering a major blow to the centrist government. The Senate returns today with one of its first priorities to tackle U.S. President Donald Trump's tax and spending bill. Recommended read: Trump cuts threaten safety training for America's most dangerous jobs Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
When I was a young surgeon just coming out of residency and finally started making some money, I had to do something I'd never done before: find someone to do my taxes. Naturally, I asked around. I went to the older, more experienced surgeons in my group and said, “Who do you guys use?” A few names came up, but one firm kept coming up over and over. So, I figured it was probably a good idea to go with them. One of the main things people said about this firm was that they were “conservative.” At the time, that sounded like a good thing. In hindsight, it absolutely wasn't. You see, the problem with how high-paid professionals—especially physicians—choose tax professionals is that we confuse what “conservative” means in different contexts. As a surgeon, being conservative is a virtue. You don't operate unless you absolutely need to. You're cautious. That kind of conservatism saves lives. But taxes? That's a whole different game. The vast majority of the tax code isn't about when you have to pay taxes. It's about when you don't have to. It's about the legal strategies and frameworks that allow you to keep more of what you earn. It's not black and white—it's grey. And to navigate the grey, you need someone who understands how to interpret the code, not just read it like a rulebook. A “conservative” CPA, in that world, is someone who avoids the grey entirely. They stick to the simplest interpretations, ignore all the nuance, and frankly, don't work that hard to save you money. And that's not what you want in a CPA. I learned that the hard way. The first couple of years, I basically paid more than I should have because I didn't know any better. Eventually, I figured it out. Now, to be clear—there are CPAs out there who work hard, understand the tax code deeply, and can make a huge difference in your tax liability. But chances are, you don't know them. Because you're asking your colleagues. Or you're using the same firm your parents used. If that sounds like you, I'd encourage you to reconsider before you waste another year failing to optimize your taxes. One of the guys I think does get it—who really understands how to interpret tax law and save people money—is Casey Meyeres. And he'll be my guest on this week's Wealth Formula Podcast and we will discuss the latest tax bill put out by congressional republicans.
-- On the Show: — Trump administration illegally deports a 2-year-old American citizen to Brazil, leaving her stateless and without basic rights — Trump ally Peter Navarro calls a judge “rogue” on live TV, only to be reminded that Trump appointed him — Trump administration admits China trade talks are going nowhere, contradicting months of promises — Elon Musk turns on Trump's tax bill, calling it a betrayal that explodes the debt and guts DOGE's agenda — Trump White House Press Secretary declares the Constitution a problem, claims government “can't function” if Trump is held accountable — Trump FBI Assistant Director Dan Bongino publicly breaks down over having to go into work, calls it emotional strain — JD Vance defends Trump's deportation plans by praising Nazi scientists who helped build the U.S. space program -- The Friday Feedback segment -- On the Bonus Show: Elon Musk leaving federal government, White House sued over lack of sign language, FBI says it will release definitive Epstein video, much more...
The President's tax and spending megabill narrowly passes the House, but it faces changes in the Senate. Plus, a look at the winners of Trump's memecoin contest. And a suspect is charged in the murder of two Israeli Embassy aides outside the Capital Jewish Museum. Susan Glasser, Angelo Carusone, Joyce Vance, Teddy Schleifer, Bill Cohan, Juanita Tolliver, Reed Galen, and Jon Meacham join The 11th Hour this Thursday.
Today we're talking about two Israeli Embassy staff members shot and killed in D.C.; the Supreme Court's split decision on religious charter schools; House Republicans passing President Trump's Tax bill; and other top news for Friday, May 23rd. Stay informed while remaining focused on Christ with The Pour Over Today. Please support our TPO sponsors! Upside: https://links.thepourover.org/Upside Cru: give.cru.org/pour LMNT: https://links.thepourover.org/LMNT_Podcast Student Life Application Study Bible: https://links.thepourover.org/SLASB_Pod Stress Less: https://links.thepourover.org/StressLess Platforms to Pillars: https://links.thepourover.org/PlatformstoPillars Subsplash: subsplash.com/tpo CSB: https://links.thepourover.org/CSB_podcast Field of Greens: FieldofGreens.com The Table Podcast: https://links.thepourover.org/TheTablePodcast
P.M. Edition for May 22. The House passed President Trump's sprawling tax-and-spending bill, after some last-minute changes this morning united Republican holdouts. WSJ tax policy reporter Richard Rubin talks about what made it into the bill, and what happens next. Plus, the Trump administration has blocked Harvard's ability to enroll foreign students. And U.S. antitrust enforcers argue that large institutional investors who own shares in rival companies may be violating antitrust laws. Dave Michaels, who covers corporate law enforcement, joins to discuss what this could mean for those big institutional investors. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
In episode 1866, Miles and guest co-host Pallavi Gunalan are joined by comedian, writer, journalist, activist, and host of The Bitchuation Room, Francesca Fiorentini, to discuss… Trump’s Tax Bill, Trump Demands Major Investigation Into Springsteen, Beyonce and Oprah For Their Work For Harris? Dystopia Corner - The ICE Reality Show Is a Real Thing? And more! Trump’s Tax Bill How Trump's 'bribe now, pain later' budget scheme hit a surprise roadblock Trump Demands Major Investigation Into Springsteen, Beyonce and Oprah For Their Work For Harris? Dystopia Corner - The ICE Reality Show Is a Real Thing? ICE Barbie Kristi Noem is backing insane reality TV show where immigrants compete for fast-tracked citizenship LISTEN: I Dreamed I Dream by Sonic YouthSee omnystudio.com/listener for privacy information.
In this episode, NIH Director Dr. Jay Bhattacharya peels the curtain on the country's health agency, the true origins of COVID, secret bio-labs in America and more. Also in this episode: Democrat reps take to the streets to riot and assault police. House GOP Works to Get to 218 on Tax Bill to Pass Without Dem Votes https://www.newsmax.com/politics/big-beautiful-bill/2025/05/15/id/1211025/ Gabbard Fires Top Intel Officials, Cracks Down on ‘Deep State' in Bold First Move https://www.dailyfetched.com/gabbard-fires-top-intel-officials-cracks-down-on-deep-state-in-bold-first-move/ Fact Sheet: President Donald J. Trump Secures Historic $1.2 Trillion Economic Commitment in Qatar https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-historic-1-2-trillion-economic-commitment-in-qatar/ Learn more about your ad choices. Visit podcastchoices.com/adchoices