Podcasts about treasury department

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Astra Report | WNTN 1550 AM | Grecian Echoes
Daily Global News - WED MAY 28th - Chaos in aid sites at Gaza

Astra Report | WNTN 1550 AM | Grecian Echoes

Play Episode Listen Later May 28, 2025 10:27


Listen to Daily Global #News from Grecian Echoes and WNTN 1550 AM - Chaos broke out at a distribution site in southern Gaza - DOGE can access sensitive Treasury Department systems - Putin puts his demands for peace - Trump administration halts scheduling of new student visa appointments

Morning Wire
Russia Strikes Again & Cartel Crackdowns | 5.27.25

Morning Wire

Play Episode Listen Later May 27, 2025 15:19


President Trump fires back at Vladimir Putin following Russia's aerial attacks on Ukraine, the Treasury Department reveals a new approach to combating cartels, and Hollywood enjoys a record-breaking box office over Memorial Day weekend. Get the facts first with Morning Wire.Beam: Visit https://shopbeam.com/WIRE and use code WIRE to get our exclusive discount of up to 40% off.Kikoff: Start building credit with Kikoff today, and you can get your first month for as little as $1 when you go to https://getkikoff.com/wireShopify: Go to https://Shopify.com/morningwire to sign up for your $1 per month trial period and upgrade your selling today.

The Daily Scoop Podcast
NLRB watchdog investigating DOGE; Democrats want Treasury watchdog probe following DOGE's IRS ‘hackathon'

The Daily Scoop Podcast

Play Episode Listen Later May 16, 2025 5:39


The National Labor Relations Board's inspector general is conducting an investigation into the Department of Government Efficiency's work at the agency. In April, an IT staffer named Daniel Berulis filed an official whistleblower disclosure with Congress highlighting concerns over DOGE's practices at the NLRB and data that may have been removed from the agency. In response to the disclosure, Rep. Gerry Connolly, D-Va., ranking member of the House Oversight Committee, requested an investigation in a letter to Luiz A. Santos, acting inspector general of the Labor Department, and Ruth Blevins, inspector general at the NLRB. Timothy Bearese, an attorney at the NLRB currently serving as its acting director of congressional and public affairs, told FedScoop that the agency has no comment but “can confirm that the OIG is conducting an investigation, as requested by Ranking Member Connolly.” Back In April, Bearese told NPR that the NLRB had not granted DOGE access to agency systems. At that time, he also said that there had been a past investigation based on Berulis' concerns that “determined that no breach of agency systems occurred.” A spokesperson for House Oversight Committee Democrats told FedScoop on Thursday that “there are multiple investigations into Elon Musk's violations of sensitive investigatory information at the NLRB.” House Oversight Democrats are asking a Treasury Department watchdog to open an investigation into DOGE's data and IT modernization dealings at the IRS following reports of an internal “hackathon” at the tax agency that may have involved Palantir. In a letter sent Thursday to Heather Hill, acting head of the Treasury Inspector General for Tax Administration, House Oversight ranking member Gerry Connolly, D-Va., cited “deep concern” over reporting in Wired last month that revealed plans for a 30-day sprint where DOGE engineers and a third-party vendor — potentially the data analytics giant Palantir — would create a new application programming interface connected to taxpayer data. That API, Wired reported, would essentially serve as a storage center for all IRS data and enable agency systems to interact with unknown cloud services. Building a “mega API” is likely connected to plans for a “master database” that also pulls in data from the Department of Homeland Security and the Social Security Administration, according to Wired, part of a Trump administration effort to track and surveil immigrants. “The reported data centralization and integration effort could undermine intentional compartmentalization of IRS systems,” which raises “serious privacy questions,” Connolly wrote. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

The Daily Scoop Podcast
CFPB to withdraw rule targeting data brokers; Senate confirms former Uber exec as DOD CTO

The Daily Scoop Podcast

Play Episode Listen Later May 15, 2025 4:14


The Consumer Financial Protection Bureau is set to withdraw a Biden-era rule aimed at cracking down on data brokers and their selling of Americans' personal and financial information. In a notice in the Federal Register, the CFPB said legislative rulemaking on the data broker industry “is not necessary or appropriate at this time,” and the agency does not plan to “take any further action” on the proposal. The notice was issued by Russell Vought, acting director of the agency, head of the Office of Management and Budget and a Project 2025 architect. The withdrawal of the rule, which was first reported by Wired, comes after President Donald Trump's initial nominee to lead the CFPB signaled to Congress in February an openness to continuing Biden administration data-broker rules. Jonathan McKernan, a former Treasury Department and Federal Housing Finance Agency staffer, told the Senate Banking Committee that Rohit Chopra — President Joe Biden's CFPB director — “was onto something” with his policies targeting data brokers and data aggregators. The CFPB's withdrawal notice took particular issue with the rule's focus on the Fair Credit Reporting Act, saying that the proposal was “not aligned with the Bureau's current interpretation of the FCRA, which it is in the process of revising.” The Senate on Wednesday voted 54-43 to confirm businessman Emil Michael as undersecretary of defense for research and engineering and the Pentagon's chief technology officer. In that position, Michael will serve as the primary advisor to the secretary of defense and other Defense Department leaders on tech development and transition, prototyping, experimentation, and management of testing ranges and activities. He'll also be in charge of synchronizing science and technology efforts across the DOD. Michael comes to the job from the private sector, where he's been a business executive, advisor and investor. He told members of the Senate Armed Services Committee that he's been involved with more than 50 different tech companies during his career. Perhaps most notable, from 2013 to 2017, he was chief business officer at Uber. In government, he previously served as special assistant to the secretary of defense when Robert Gates was Pentagon chief. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

The President's Daily Brief
May 14th, 2025: Secret Chinese Delegation Spotted At U.S. Treasury & And Trump's Deal With The Saudis

The President's Daily Brief

Play Episode Listen Later May 14, 2025 25:06


In this episode of The President's Daily Brief: We'll start with some cloak and dagger diplomacy that flew under the radar last month—a secret visit by a Chinese delegation to the U.S. Treasury Department reveals just how far the Chinese Communist Party will go to control the narrative. President Trump kicks off his Middle East swing with two major announcements: a $600 billion Saudi investment pledge and a $142 billion arms deal. Plus, the latest from Israel, where Prime Minister Netanyahu says the fight against Hamas is entering its final phase. And in today's Back of the Brief—a new era of U.S.-Syrian relations may be on the horizon, as President Trump moves to lift decades-old sanctions on Syria. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Birch Gold: Text PDB to 989898 and get your free info kit on gold TriTails Premium Beef: Visit https://TryBeef.com/PDB for 2 free Flat Iron steaks with your first box over $250 DeleteMe: Get 20% off your DeleteMe plan when you text PDB to 64000. Message and data rates apply   Learn more about your ad choices. Visit megaphone.fm/adchoices

5 Things
SPECIAL | While digital currency initiatives expand, we ask, what's the future of cash?

5 Things

Play Episode Listen Later May 14, 2025 15:16


There's something to cold hard cash. You can hold it; you can smell it; it feels a certain way in your pocket. Earlier this year, President Donald Trump directed the Treasury Department to stop minting pennies. What happens as the world of currency goes increasingly digital? Will traditional currencies soon become a thing of the past? And who stands to benefit, and who might this rapid shift be hurting? Neha Narula, Director of the Digital Currency Initiative at the MIT Media Lab, joins The Excerpt to take a closer look at this transition period for money and how it might evolve.Let us know what you think of this episode by sending an email to podcasts@usatoday.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Heartland Daily Podcast
71% of Dems Want Elon Imprisoned - In The Tank #474

Heartland Daily Podcast

Play Episode Listen Later May 14, 2025 61:58 Transcription Available


The Heartland Institute and Rasmussen Reports released a new poll showing that 71% of Democrats support Elon Musk being IMPRISONED for his DOGE work. This insane position is held by 80% of self-reported "liberals" from the polling. The poll results were released the same day as this episode.This is sadly not very shocking, as we take a look at what leftist-dominated Reddit says about Elon in our Unhinged segment. We also discuss DOGE's work so far, including issues at the U.S. Treasury Department, and whether or not the pork uncovered by DOGE is actually being cut. It seems many representatives want the spending to keep on rolling along. The Heartland Institute's Linnea Lueken, Jim Lakely, Chris Talgo, and S.T. Karnick will discuss all of this and more on Episode 494 of the In the Tank Podcast. In The Tank broadcasts LIVE every Thursday at 12pm CT on on The Heartland Institute YouTube channel. Tune in to have your comments addressed live by the In The Tank Crew. Be sure to subscribe and never miss an episode. See you there!Climate Change Roundtable is LIVE every Friday at 12pm CT on The Heartland Institute YouTube channel. Have a topic you want addressed? Join the live show and leave a comment for our panelists and we'll cover it during the live show!

Shift Key with Robinson Meyer and Jesse Jenkins
The Fight Over the Inflation Reduction Act Has Arrived

Shift Key with Robinson Meyer and Jesse Jenkins

Play Episode Listen Later May 13, 2025 63:19


The fight over the Inflation Reduction Act has arrived. After months of discussion, the Republican majority in the House is now beginning to write, review, and argue about its plans to transform the climate law's energy tax provisions. We wanted to record a show about how to follow that battle. But then — halfway through recording that episode — the Republican-controlled House Ways and Means Committee dropped the first draft of their proposal to gut the IRA, and we had to review it on-air. We were joined by Luke Bassett, a former senior advisor for domestic climate policy at the U.S. Treasury Department, and a former senior staff member at the Senate Committee on Energy and Natural Resources. We chatted about the major steps in the reconciliation process, what to watch next, and what to look for in the new GOP draft. Shift Key is hosted by Jesse Jenkins, a professor of energy systems engineering at Princeton University, and Robinson Meyer, Heatmap's executive editor.Mentioned:The House GOP Tax Proposal Would Effectively Kill The IRAPermitting Reform Is Back — and Buried in Trump's Tax BillThe House Ways and Means Committee's first attempt at rewriting the IRA and its energy tax provisions(Note: At one point, Luke refers to a permitting reform proposal as coming from the Energy and Commerce Committee. It's a product of the House Natural Resources Committee.) --​Music for Shift Key is by Adam Kromelow. Hosted on Acast. See acast.com/privacy for more information.

The Tara Show
Deep State Panic Ed Martin, Fraud at Treasury, and Trump's Prosecutorial Strategy

The Tara Show

Play Episode Listen Later May 9, 2025 15:24


A fiery breakdown of the latest political power struggle in Washington, highlighting Ed Martin's ousting, alleged massive fraud in federal payments, and Trump's strategic counter with rotating prosecutors to combat the deep state and swamp corruption.

The Steve Gruber Show
Steve Gruber | A remarkable revelation—more than 200 people were arrested yesterday in an FBI investigation

The Steve Gruber Show

Play Episode Listen Later May 8, 2025 11:00


Live from Studio G and fighting for you from the Foxhole of Freedom—here we go into another brand-new hour—   WARNING: The Steve Gruber Show often results in Extended periods of American pride, American optimism and uncontrollable enthusiasm about America's future!    Kicking off the live broadcast day on Real America's Voice, MTN and reaching a growing global audience—this is the Steve Gruber Show— And this is a no panic zone!   Here are the three big things to know this hour—   Number One— Has the O'Keefe Media Group got a smoking gun confession on one of the biggest names in the Jeffrey Epstein underage child sex ring scandal? Well it sure looks that way this morning!   Number Two— A remarkable revelation—more than 200 people were arrested yesterday in an FBI investigation—of a child sex operation on the East coast—more than 115 kids were actually rescued!   Number Three— You see sometimes you have to wait for results—you have to be patient—as hard as that can be— so please people as we dive into a new day—relax—and let me start with some good news—     Attorney General Pam Bondi says despite wild internet rumors to the contrary— the FBI is currently sifting through a mountain of evidence on Jeffrey Epstein's crimes against humanity –    Bite #5   I don't know about you, but I'm willing to be patient with the DOJ and the FBI while they do this right – this is something that can't be rushed.   Just yesterday – Bondi and FBI Director Kash Patel announced the astounding progress they've made in fighting child sex predators as a result of Operation Restore Trust –    The operation involves 55 FBI field officers across the nation – and has resulted so far in the rescue of 115 children – and the arrests of 205 child sexual abuse offenders.   Bite #6   These people are the worst of the worst – and I'm glad the DOJ and FBI are sending the message loud and clear that just because you can hide behind a screen, doesn't mean you can hide from the authorities.   115 children rescued… 205 sex offenders arrested – and they did that over the course of 5 days!    I've noticed how impatient Americans on both sides of the aisle have gotten with the Trump Administration –    Democrats point to every issue that has yet to be resolved – thinking it's a big “I told you so” – on the ineffectiveness of the administration –    And some Republicans are ready to rain down hellfire on Bondi and others because they're not seeing the results they want yet—    And to that I say: Come on, Relax!    Some of these cabinet picks have been in office less than 3 months – we've got to let them work!   I'm seeing the same thing with the ‘big, beautiful bill' that Donald Trump has promised – intended to extend tax cuts that he made the first time around –    Conservatives have put their foot down on a deadline date by Memorial Day – with a big ‘OR ELSE' – but again, I say: let them work!   Joe Biden's Administration did a number on our government – and even looking past him – the system has been broken for decades –    If we want this done right, we need to make sure our elected officials can iron out the details.   You wonder why I'm willing to be patient? Just take a look at what this administration has already accomplished –    Egg and gasoline prices are already down – here's Agriculture Secretary Brooke Rollins on reversing the Biden-era blunders –    Bite #7   Like she said, there's so much work to do – but we can rest easy in how much has already been accomplished –    Another case in point – Defense Secretary Pete Hegseth has been taking an ax to what he's called – quote – unnecessary bureaucratic layers – in our military – and that includes woke programs and leaders that weaken our national security –    I've never felt more confident in the future of the U.S. military that I do after hearing Hegseth put it this way – listen –    Bite #8   A man after my own heart…   That dream is becoming reality – now that the Supreme Court has backed Trump's ban on transgender individuals in the military – as I mentioned yesterday –    Hegseth says there are more unqualified on payroll than just those who don't know their gender – and he's taking care of that problem, too – listen –    Bite #9   Elon Musk isn't the only in charge of downsizing – we've got a whole cabinet team looking to make our government the most efficient it's ever been – using our tax dollars for legitimate purposes – to serve the taxpayers well –    Treasury Secretary Scott Bessent is leading the charge on that mission over at the U.S. Treasury – he's also rooting out corruption – and making sure that we know where our money is going –    He says the previous administrations were complacent about transparency – across the whole government – and that attitude affected the Treasury Department, too – on a billion-dollar scale – listen –    Bite #10   The United States Treasury was sending billions of dollars to God knows where – while Nancy Pelosi was House Speaker – and passed a provision in 2021 that required every gig worker making more than $600 on apps like Venmo to report that money to the IRS – when the previous threshold was 20-thousand dollars.   Rules for thee, but not for me, huh?   Bessent is after more than just transparency – he wants to recreate the booming successes of Trump's first term in office – something we all want – and voted for –    Bite #11   I'm confident that we can return to those glory days…but like I've said – we gotta let them work! We can't panic.   China is now agreeing to come to the table on tariff negotiations with the U.S. – and they'll probably start by playing hardball – but you don't think Trump already knows that?   He's the master negotiator – and he's made it clear that he's putting America first.   We've already seen big gains for Americans in our economy – and that's with the Fed dragging their feet on lowering interest rates.   It's clear as day to me: We have to trust Donald J. Trump and his cabinet to be what we voted for. Trump's unapologetic strength, proven economic wins, and America-first agenda is cutting through the noise of a corrupt establishment.  While Americans on both sides of the aisle continue to wring their hands, claiming that the results are taking too long – Trump is fighting for us—lowering egg and gas prices, securing our borders, and empowering leaders. like Bondi, Patel, Bessent, you name it. Pam Bondi and Kash Patel are out there cleaning up our streets, Pete Hegseth is gutting woke military nonsense, Scott Bessent is cleaning up the Treasury, and Trump's negotiating with China like a boss. Give them time—this is Making America Great Again!

The Daily Scoop Podcast
Agentic AI in the federal government

The Daily Scoop Podcast

Play Episode Listen Later May 6, 2025 23:25


As generative AI increasingly takes hold across the federal government, a class of that greater tech discipline called agentic AI is also gaining momentum. Think of it like an AI sidekick. Agentic AI moves beyond rules-based AI assistants of the past to act autonomously to accomplish something without the need for constant human intervention. According to Jonathan Alboum, federal CTO of ServiceNow and a former federal CIO at USDA, agentic AI holds massive potential for the future of the federal government, particularly amid the Trump administration's slashing of the federal workforce and placing a premium on efficiency. Alboum joins the podcast to discuss that, some exciting news from ServiceNow's Knowledge conference this week in Las Vegas and his thoughts on how federal CIOs are managing ongoing consolidation of federal IT programs. President Donald Trump's fiscal 2026 budget proposal would slash $491 million from the budget of the Cybersecurity and Infrastructure Security Agency, according to a summary released Friday. That would amount to a nearly 17% reduction to the agency's approximately $3 billion budget. The administration did not release a detailed itemization of the cuts, only an outline. “The Budget refocuses CISA on its core mission — Federal network defense and enhancing the security and resilience of critical infrastructure — while eliminating weaponization and waste,” a summary reads. In broad strokes, if approved by Congress, the budget would target for reduction what it identified as “so-called” disinformation and misinformation programs and offices; “duplicative” programs of other programs at the state and federal level; “external engagement offices such as international affairs”; and consolidate “redundant security advisors and programs.” A startup founder and Department of Government Efficiency associate named Sam Corcos is the new chief information officer of the Treasury Department, according to a person within the agency. Corcos was introduced with that title at a recent meeting for Treasury bureau chief information officers, the person added. Corcos, who most recently helped create a health company called Levels, had been representing DOGE in the Treasury Department, with the official title of special advisor. Corcos, who has appeared on Fox News with Treasury Secretary Scott Bessent, has said his top priority is looking at the operations and maintenance budget, as well as modernization, at the IRS. He's also sought access to government data and, according to Wired, was involved in an effort to organize an IRS hackathon. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

New Books Network
Jerome Powell: “We don't think you're a straight shooter"

New Books Network

Play Episode Listen Later May 4, 2025 51:15


More than any one institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. This eighth and final episode covers the life and times of the current chair, Jerome ("Jay") Powell - the technocratic lawyer-turned-banker who managed the global economy through two unprecedented disasters: the Covid pandemic and Donald Trump's protectionist trade policies. As the episodes about Martin, Burns, and Volcker all attest, Powell isn't the first chairman to face political blowback. But he is the first to be publicly denounced as “Mr Too Late” and a “major loser” by a president intent on removing him from office before his term ends in mid-2026. To discuss Powell, Tim is joined by Nick Timiraos, author of Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster (Little, Brown, 2022). “If people think you're not going to act in the country's best interest, that's bad for the Fed,” he says. “The next time the Fed decides it needs to do something that actually is ‘exigent and unusual', people will say: ‘Well, wait a minute, the last time you did this, we thought you were a toady for the Democrats or a toady for the Republicans. We don't think you're a straight shooter. We're not going to let you raise interest rates by 25 basis points. We're not going to give you money to backstop your purchases of corporate credit'. Those are the kind of medium and long term risks from a fight with the White House. I think, for Powell, the worst outcome is that people don't think you have an independent central bank anymore. Your monetary policy won't be credible. Why not just roll that thing into the Treasury Department if that's what you're going to do?” Since 2017, Nick Timiraos has been the chief economics correspondent at The Wall Street Journal and has developed an unrivalled reputation as the "Fed whisperer". Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

New Books in Political Science
Jerome Powell: “We don't think you're a straight shooter"

New Books in Political Science

Play Episode Listen Later May 4, 2025 51:15


More than any one institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. This eighth and final episode covers the life and times of the current chair, Jerome ("Jay") Powell - the technocratic lawyer-turned-banker who managed the global economy through two unprecedented disasters: the Covid pandemic and Donald Trump's protectionist trade policies. As the episodes about Martin, Burns, and Volcker all attest, Powell isn't the first chairman to face political blowback. But he is the first to be publicly denounced as “Mr Too Late” and a “major loser” by a president intent on removing him from office before his term ends in mid-2026. To discuss Powell, Tim is joined by Nick Timiraos, author of Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster (Little, Brown, 2022). “If people think you're not going to act in the country's best interest, that's bad for the Fed,” he says. “The next time the Fed decides it needs to do something that actually is ‘exigent and unusual', people will say: ‘Well, wait a minute, the last time you did this, we thought you were a toady for the Democrats or a toady for the Republicans. We don't think you're a straight shooter. We're not going to let you raise interest rates by 25 basis points. We're not going to give you money to backstop your purchases of corporate credit'. Those are the kind of medium and long term risks from a fight with the White House. I think, for Powell, the worst outcome is that people don't think you have an independent central bank anymore. Your monetary policy won't be credible. Why not just roll that thing into the Treasury Department if that's what you're going to do?” Since 2017, Nick Timiraos has been the chief economics correspondent at The Wall Street Journal and has developed an unrivalled reputation as the "Fed whisperer". Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

New Books in Biography
Jerome Powell: “We don't think you're a straight shooter"

New Books in Biography

Play Episode Listen Later May 4, 2025 51:15


More than any one institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. This eighth and final episode covers the life and times of the current chair, Jerome ("Jay") Powell - the technocratic lawyer-turned-banker who managed the global economy through two unprecedented disasters: the Covid pandemic and Donald Trump's protectionist trade policies. As the episodes about Martin, Burns, and Volcker all attest, Powell isn't the first chairman to face political blowback. But he is the first to be publicly denounced as “Mr Too Late” and a “major loser” by a president intent on removing him from office before his term ends in mid-2026. To discuss Powell, Tim is joined by Nick Timiraos, author of Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster (Little, Brown, 2022). “If people think you're not going to act in the country's best interest, that's bad for the Fed,” he says. “The next time the Fed decides it needs to do something that actually is ‘exigent and unusual', people will say: ‘Well, wait a minute, the last time you did this, we thought you were a toady for the Democrats or a toady for the Republicans. We don't think you're a straight shooter. We're not going to let you raise interest rates by 25 basis points. We're not going to give you money to backstop your purchases of corporate credit'. Those are the kind of medium and long term risks from a fight with the White House. I think, for Powell, the worst outcome is that people don't think you have an independent central bank anymore. Your monetary policy won't be credible. Why not just roll that thing into the Treasury Department if that's what you're going to do?” Since 2017, Nick Timiraos has been the chief economics correspondent at The Wall Street Journal and has developed an unrivalled reputation as the "Fed whisperer". Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/biography

New Books in Economics
Jerome Powell: “We don't think you're a straight shooter"

New Books in Economics

Play Episode Listen Later May 4, 2025 51:15


More than any one institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. This eighth and final episode covers the life and times of the current chair, Jerome ("Jay") Powell - the technocratic lawyer-turned-banker who managed the global economy through two unprecedented disasters: the Covid pandemic and Donald Trump's protectionist trade policies. As the episodes about Martin, Burns, and Volcker all attest, Powell isn't the first chairman to face political blowback. But he is the first to be publicly denounced as “Mr Too Late” and a “major loser” by a president intent on removing him from office before his term ends in mid-2026. To discuss Powell, Tim is joined by Nick Timiraos, author of Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster (Little, Brown, 2022). “If people think you're not going to act in the country's best interest, that's bad for the Fed,” he says. “The next time the Fed decides it needs to do something that actually is ‘exigent and unusual', people will say: ‘Well, wait a minute, the last time you did this, we thought you were a toady for the Democrats or a toady for the Republicans. We don't think you're a straight shooter. We're not going to let you raise interest rates by 25 basis points. We're not going to give you money to backstop your purchases of corporate credit'. Those are the kind of medium and long term risks from a fight with the White House. I think, for Powell, the worst outcome is that people don't think you have an independent central bank anymore. Your monetary policy won't be credible. Why not just roll that thing into the Treasury Department if that's what you're going to do?” Since 2017, Nick Timiraos has been the chief economics correspondent at The Wall Street Journal and has developed an unrivalled reputation as the "Fed whisperer". Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

New Books in Finance
Jerome Powell: “We don't think you're a straight shooter"

New Books in Finance

Play Episode Listen Later May 4, 2025 51:15


More than any one institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. This eighth and final episode covers the life and times of the current chair, Jerome ("Jay") Powell - the technocratic lawyer-turned-banker who managed the global economy through two unprecedented disasters: the Covid pandemic and Donald Trump's protectionist trade policies. As the episodes about Martin, Burns, and Volcker all attest, Powell isn't the first chairman to face political blowback. But he is the first to be publicly denounced as “Mr Too Late” and a “major loser” by a president intent on removing him from office before his term ends in mid-2026. To discuss Powell, Tim is joined by Nick Timiraos, author of Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster (Little, Brown, 2022). “If people think you're not going to act in the country's best interest, that's bad for the Fed,” he says. “The next time the Fed decides it needs to do something that actually is ‘exigent and unusual', people will say: ‘Well, wait a minute, the last time you did this, we thought you were a toady for the Democrats or a toady for the Republicans. We don't think you're a straight shooter. We're not going to let you raise interest rates by 25 basis points. We're not going to give you money to backstop your purchases of corporate credit'. Those are the kind of medium and long term risks from a fight with the White House. I think, for Powell, the worst outcome is that people don't think you have an independent central bank anymore. Your monetary policy won't be credible. Why not just roll that thing into the Treasury Department if that's what you're going to do?” Since 2017, Nick Timiraos has been the chief economics correspondent at The Wall Street Journal and has developed an unrivalled reputation as the "Fed whisperer". Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

Rich Zeoli
Is China Backing Down on Tariffs?

Rich Zeoli

Play Episode Listen Later May 2, 2025 41:21


The Rich Zeoli Show- Hour 3: 5:05pm- While appearing on Fox News with Sean Hannity, Secretary of State Marco Rubio said the United States has become “far too dependent on China” and previous administrations have allowed “unfair trade practices” which have resulted in American deindustrialization. 5:10pm- Trump Tariff Updates: On Thursday, German automaker Mercedes-Benz announced it will increase production at its facility in Alabama—resulting in a greater number of American made vehicles. And, according to a report from The Wall Street Journal, China is now calling for “sincerity” in negotiating an end to the tariff fight with the Trump Administration. The news comes after Apple announced it would be manufacturing more devices in India and Vietnam. 5:15pm- On Thursday night, Fox News host Jesse Waters sat down with Elon Musk and several DOGE workers to discuss instances of government waste and fraud. At one point, the group revealed that the Treasury Department was spending $5 trillion annually without a “budget code.” 5:20pm- On Thursday night, President Donald Trump delivered the commencement address to the 2025 graduating class of University of Alabama. He also took a shot at Harvard University—where Rich insists Matt was the school mascot. 5:40pm- NPR wants proper pronouns for animals + DOGE reveals the identity of “Big Balls!”

Marketplace All-in-One
Education Department to go after student loan defaulters

Marketplace All-in-One

Play Episode Listen Later May 2, 2025 6:59


The U.S. Department of Education will begin taking action against federal student loan borrowers who are in default starting on Monday. The Treasury Department could soon start withholding money from government payments like tax refunds and Social Security payments or even garnish wages. Plus, we'll digest this morning's jobs report. And later: Ryan Coogler's "Sinners" is a masterpiece in filmmaking — and in dealmaking. We'll unpack Coogler's deal with studios.

Marketplace Morning Report
Education Department to go after student loan defaulters

Marketplace Morning Report

Play Episode Listen Later May 2, 2025 6:59


The U.S. Department of Education will begin taking action against federal student loan borrowers who are in default starting on Monday. The Treasury Department could soon start withholding money from government payments like tax refunds and Social Security payments or even garnish wages. Plus, we'll digest this morning's jobs report. And later: Ryan Coogler's "Sinners" is a masterpiece in filmmaking — and in dealmaking. We'll unpack Coogler's deal with studios.

Mayday Plays
Doomed to Repeat, Ep. 30 - “The Shadow over Innsmouth” | Delta Green

Mayday Plays

Play Episode Listen Later May 1, 2025 76:36


Welcome back to the fourth and final arc of Doomed To Repeat. Last time, the agents of PERENNIAL began unearthing the weathered, dusty psychiatric records of Daniel M. Freis—a descent that leads directly to the birth of Delta Green. Now, it's 1927. The U.S. Treasury Department has launched a secret operation to expose the rot festering in the coastal town of Innsmouth, Massachusetts. Whispers of inhuman rituals and impossible shapes in the fog have reached Washington. If a team can secure photographic proof of what's happening beneath the waves of Ipswich Bay, they'll get the green light from President Coolidge to authorize a federal raid. But first, they must gather that evidence. A covert task force of locals has been assembled—and as they're briefed on the mission, the true horror begins to surface. In this episode, we begin our playthrough of the scenario “Escape From Innsmouth” by Kevin A. Ross and others, and published by Chaosium. TRIGGER AND CONTENT WARNINGS: Language, governmental conspiracy, drowning, death, PTSD, manipulation. Published by arrangement with the Delta Green Partnership. The intellectual property known as Delta Green is a trademark and copyright owned by the Delta Green Partnership, who has licensed its use here. The contents of this podcast are © Mayday Roleplay, excepting those elements that are components of the Delta Green intellectual property. CAST OF CHARACTERS • Lev (they/them) - Cora Loquillo (she/they) • Amanda (she/her) - Arthur Clark (he/him) • Caleb (he/him) - Kennedy Newell (he/him) • Eli (any/all) - Dr. Theodore Rooke (he/him) • Zakiya (she/they) - Freddie Thurman (she/they) • Sergio (he/him) - The Handler MUSIC & SOUND EFFECTS • Post Sound Supervision: Sergio Crego, Eli Hauschel • Mixed: Eli Hauschel • Original Music: Aaron A. Pabst • Soundstripe (soundstripe.com) • Epidemic Sound (epidemicsound.com/) • Soundly (getsoundly.com/) DELTA GREEN LINKS • Delta Green (http://deltagreen.com/) MAYDAY ROLEPLAY LINKS • Patreon (https://www.patreon.com/maydayrp) • Ko-Fi (https://ko-fi.com/maydayrp) • Mayday website (https://www.maydayroleplay.com/) • Youtube (https://www.youtube.com/@Maydayrp)

The Daily Scoop Podcast
Two top tech officials are out at Treasury; New Pentagon program to speed up software acquisition is launching

The Daily Scoop Podcast

Play Episode Listen Later May 1, 2025 4:22


The Treasury Department is losing two of its top technology officials, according to agency sources. Brian Peretti, Treasury's chief technology officer, is leaving the position and taking the federal government's early retirement option, two people within the agency said. Peretti helped organize the department's planning process for information technology and also served in the role of chief artificial intelligence officer. Rick Therrien, Treasury's chief information security officer, is also retiring, the two agency sources said. Therrien had served in the position since July 2024, and, before then, held a series of roles at the Internal Revenue Service. The moves come amid tensions in the Treasury Department over the influence of the Department of Government Efficiency and the departures of IT officials across the federal government. The Defense Department's chief information officer said this week she's kicking off a new program that aims to overhaul cumbersome bureaucratic mechanisms and streamline its ability to rapidly approve new software capabilities for warfighters. Under the Software Fast Track (SWIFT) program, the Pentagon will use artificial intelligence to replace legacy authority to operate (ATO) and Risk Management Framework (RMF) processes when buying new software. Acting DOD CIO Katie Arrington signed a memo authorizing the new effort said and it would officially launch May 1. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

The Daily Scoop Podcast
GAO audits of DOGE underway; GSA unveils modernized IT tool procurement strategy

The Daily Scoop Podcast

Play Episode Listen Later Apr 30, 2025 3:36


Government Accountability Office auditors are examining the “digital footprint” left by DOGE in Treasury Department, Social Security Administration and Office of Personnel Management IT systems, the watchdog's leader told Congress on Tuesday. Testifying before the Senate Appropriations Legislative Branch Subcommittee, Comptroller General Gene Dodaro said GAO auditors are looking into what data was accessed by the Elon Musk underlings during their forays into agency IT systems, and determining if any changes were made. “We're looking at the digital footprint within each of these major systems across government,” Dodaro said, naming OPM, SSA and Treasury specifically. “So we'll have a better idea about what impact DOGE's access has had on the data systems, and whether there's been any information input into the system or taken out of the system.” The General Services Administration unveiled a new initiative Tuesday that it says is aimed at helping agencies gain easier access to IT tools and shifting how the federal government approaches procurement. The OneGov Strategy is meant to modernize how the government buys goods and services and calls for more direct engagement with Original Equipment Manufacturers. The GSA said in a press release that OEMs “will benefit from a more direct and predictable engagement model.” Taxpayers, meanwhile, will benefit from a “smarter, more secure federal IT enterprise” under the strategy, the GSA said. While agencies have, in the past, bought software through resellers, the GSA believes this approach prioritizes direct relationships for enhanced outcomes. Stephen Ehikian, the agency's acting administrator, called the OneGov Strategy “a bold step forward” in GSA's “mission to be responsible stewards of taxpayer dollars. It's about acting as one — aligning to our scale, standards and security to meet the needs of today's government while prepping for the future.” The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

The Capitalism and Freedom in the Twenty-First Century Podcast
Fiscal Scoring with Congressional Budget Office Director Phillip Swagel

The Capitalism and Freedom in the Twenty-First Century Podcast

Play Episode Listen Later Apr 24, 2025 56:46 Transcription Available


Jon Hartley and Phillip Swagel discuss Phill's career as an academic economist, his time in economic policy, why the CBO is important in the budget policy process, current law versus current policy baselines, dynamic scoring versus static scoring, the accuracy of CBO scores, CBO modeling, as well as CBO model transparency. Recorded on March 18, 2025. ABOUT THE SPEAKERS: Phillip Swagel became the 10th Director of the Congressional Budget Office on June 3, 2019. Previously, he was a professor at the University of Maryland's School of Public Policy and a visiting scholar at the American Enterprise Institute and the Milken Institute. He has also taught at Northwestern University, the University of Chicago's Booth School of Business, and Georgetown University. His research has involved financial market reform, international trade policy, and China's role in the global economy. From 2006 to 2009, Dr. Swagel was Assistant Secretary for Economic Policy at the Treasury Department, where he was responsible for analysis of a wide range of economic issues, including policies relating to the financial crisis and the Troubled Asset Relief Program. He has also served as chief of staff and senior economist at the Council of Economic Advisers in the White House and as an economist at the Federal Reserve Board and the International Monetary Fund. He earned his Ph.D. in economics from Harvard University and his A.B. in economics from Princeton University. Jon Hartley is currently a Policy Fellow at the Hoover Institution, an economics PhD Candidate at Stanford University, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), a Senior Fellow at the Macdonald-Laurier Institute, and an Affiliated Scholar at the Mercatus Center. Jon also is the host of the Capitalism and Freedom in the 21st Century Podcast, an official podcast of the Hoover Institution, a member of the Canadian Group of Economists, and the chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as a Fixed Income Portfolio Construction and Risk Management Associate and as a Quantitative Investment Strategies Client Portfolio Management Senior Analyst and in various policy/governmental roles at the World Bank, IMF, Committee on Capital Markets Regulation, U.S. Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

SNAFU with Ed Helms
S3E7: Judgement Day

SNAFU with Ed Helms

Play Episode Listen Later Apr 23, 2025 44:19 Transcription Available


Mabel Walker Willebrandt and the Dries have their backs against the wall. The Treasury Department has made their poisoning program public, but will any of it matter when the tainted booze reaches the masses? Meanwhile, a mind-melting twist in the case of Two Gun Hart comes to light.See omnystudio.com/listener for privacy information.

Statecraft
How to Run a $5 Trillion Payment System

Statecraft

Play Episode Listen Later Apr 23, 2025 51:41


 At the end of January, the Trump administration pushed out a top Treasury department official after he refused to give DOGE access to the government's vast payment system. We're talking to him today. It's one of his first public interviews since leaving the civil service.David Lebryk was the highest ranking civil servant in the Treasury Department, and one of the most senior civil servants in the federal government. He was responsible for overseeing the Bureau of the Fiscal Service, which. Puts out more than 90% of federal payments every year, more than a billion transactions, more than $5 trillion.One note for listeners: Lebryk did not want to go into the blow by blow of his leaving the administration early this year. Instead, we talk about a bunch of other things that I think you'll find highly relevant, how the Bureau of the Fiscal Service works, how it should work, and why Lebryk thinks DOGE's plans for it won't work out the way they intend. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.statecraft.pub

AURN News
Student Loan Collections to Resume May 5, Ending COVID-Era Pause

AURN News

Play Episode Listen Later Apr 23, 2025 1:39


According to the Associated Press, beginning May 5, the Education Department will resume collecting defaulted student loans through the Treasury Department's offset program, which withholds tax refunds, federal salaries, and benefits. Borrowers may also face wage garnishment after 30 days' notice. This move ends a COVID-era pause on collections in place since March 2020. About 5.3 million borrowers are currently in default, with millions more at risk. Advocates criticize the policy as harsh and confusing, citing frequent policy shifts between administrations. Some borrowers struggle to understand repayment options, especially after recent court rulings disrupted income-driven repayment plans. Learn more about your ad choices. Visit megaphone.fm/adchoices

We Hate Movies
S15 Ep796: The Accountant

We Hate Movies

Play Episode Listen Later Apr 22, 2025 101:38


“I want real kids fighting each other!” - Chris, on the flashbacks On this week's episode, we're chatting about the nowhere-near-as-good-as-its-sequel assassin film, The Accountant. Couldn't we have done this whole thing without all the flashbacks to them as kids? Did we need the Treasury Department cold on the Accountant's trail the whole movie? Didn't everyone want to yell, ‘No Touching,' whenever we see Jeffrey Tambor's character in prison? And how creepy is it that Ben draws faces on all those melons he's going to shoot? PLUS: Luke Skywalker's lightsaber? Really? The Accountant stars Ben Affleck, Anna Kendrick, J.K. Simmons, Jeffrey Tambor, Cynthia Addai-Robinson, John Lithgow, Jean Smart, and Jon Bernthal as Brax; directed by Gavin O'Connor. Tickets are on sale now for our three-night residency during the Oxford Comedy Festival! We'll be doing six shows over three nights from July 18 through 20, doing shows like WHM, W❤️M, The Nexus, The Gleep Glossary, and Animation Damnation! Tickets are going fast, so friends over there, snag your tix!  Throughout 2025, we'll be donating 100% of our earnings from our merch shop to the Center for Reproductive Rights. So head over and check out all these masterful designs and see what tickles your fancy! Shirts? Phone cases? Canvas prints? We got all that and more! Check it out and kick in for a good cause! Original cover art by Felipe Sobreiro.

The Daily Punch
Treasury eyes debt limit end date

The Daily Punch

Play Episode Listen Later Apr 22, 2025 12:00


Anna and Jake talk all things debt limit with the Treasury Department set to give Congress its estimate next week for a debt limit X date. Plus, can the U.S. survive Trump vs. Powell? Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Cybersecurity Defenders Podcast
#209 - Intel Chat: OCC, CentreStack, UNC5174 & Oracle

The Cybersecurity Defenders Podcast

Play Episode Listen Later Apr 21, 2025 33:18


In this episode of The Cybersecurity Defenders Podcast, we discuss some cutting-edge intel coming out of LimaCharlie's community.The U.S. Treasury Department's Office of the Comptroller of the Currency (OCC) has confirmed that emails belonging to its executives and staff were compromised in a cyber incident first detected in February.A critical zero-day vulnerability, tracked as CVE-2025-30406, has been actively exploited since March in CentreStack, a file-sharing platform developed by Gladinet and widely used by managed services providers (MSPs).UNC5174, a state-backed Chinese threat actor, has been observed using stealthy tactics and open source tooling in recent campaigns targeting Western and Asia-Pacific organizations.Oracle is facing sustained criticism over its handling of a recent cybersecurity incident in which a hacker claimed to have breached its systems and obtained records linked to over 140,000 tenants.

The Libertarian Institute - All Podcasts
Reissue Ep. 184: DHP Villains: Harry Anslinger (CJ’s Presentation from the 2019 Midwest Peace & Liberty Fest)

The Libertarian Institute - All Podcasts

Play Episode Listen Later Apr 20, 2025 82:04


(To celebrate 4/20, please enjoy this reissue of a DHP Episode from 2019.) At the 2019 Midwest Peace & Liberty Fest in Delton, Mich., CJ took the occasion of Michigan's recent legalization of marijuana to do a DHP Villains feature on the man who is arguably the most important of the Founding Fathers of the US government's war on drugs. Join CJ as he discusses the career of Harry J. Anslinger, from his early life to working for the State Department, then the Treasury Department, culminating in his tenure as first Commissioner of the Federal Bureau of Narcotics from 1930-62, during which time (among other things) he presided over the beginning of the federal government's criminalization of marijuana and the continuous amping-up of the drug war and its penalties; along the way we'll also cover Anslinger's racism & xenophobia, as well as his connections to the OSS and CIA, including lending those agencies some of his top agents for shady purposes, including some of the MK-Ultra experiments. Links Hire CJ to speak to your group or at your event Support the Dangerous History Podcast via Patreon Other ways to support the show Get CJ's Dangerous American History Bibliography FREE Like this episode? You can throw CJ a $ tip via Paypal here: https://www.paypal.com/donate/?hosted_button_id=D6VUYSYQ4EU6L Throw CJ a $ tip via Venmo here: https://www.venmo.com/u/dangerousmedia Or throw CJ a BTC tip here: bc1qfrz9erz7dqazh9rhz3j7nv696nl52ux8unw79z

Today in San Diego
Border business suing the U.S. Treasury Dept., new homeless shelter for women, first cannabis lounge opens in S.D. County

Today in San Diego

Play Episode Listen Later Apr 18, 2025 4:05


A local businessowner is suing the U.S. Treasury Department over new rules that force border businesses to collect Social Security numbers for purchases over $200. Plus, a new downtown homeless shelter is focusing on women and children. And, the first cannabis lounge in San Diego County opens in National City. NBC 7's Marianne Kushi has these stories and more for this Friday, April 18, 2025.

People in Tax Podcast
S06E012: Scott Levine - Part 1

People in Tax Podcast

Play Episode Listen Later Apr 17, 2025 20:41


In S06E12, Bela Unell and Scott Levine discuss his varied career, including his teaching career and work at the Treasury Department. (Part 1 of 2).

Communism Exposed:East and West
Treasury Department Sanctions Chinese Refinery Accused of Buying More Than $1 Billion Worth of Iranian Oil

Communism Exposed:East and West

Play Episode Listen Later Apr 17, 2025 3:32


Trumpcast
What Next | Trump's Weaponized IRS

Trumpcast

Play Episode Listen Later Apr 15, 2025 31:35


On April 7, the Treasury Department and Department of Homeland Security reached an agreement to allow ICE to use confidential tax information to locate undocumented immigrants. Though this group generally pays taxes at a higher rate than comparable U.S. citizens, advocates warn that the IRS-ICE team-up could have a chilling effect. They say it's likely to endanger the $66 billion in federal tax revenue undocumented immigrants are estimated to contribute, and add to a climate of fear in communities nationwide. Guest: Francine Lipman, law professor at the University of Nevada, Las Vegas. Want more What Next? Join Slate Plus to unlock full, ad-free access to What Next and all your  other favorite Slate podcasts. You can subscribe directly from the What Next show page on Apple Podcasts and Spotify. Or, visit slate.com/whatnextplus to get access wherever you listen. Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Ethan Oberman, and Rob Gunther. Learn more about your ad choices. Visit megaphone.fm/adchoices

What Next | Daily News and Analysis
Trump's Weaponized IRS

What Next | Daily News and Analysis

Play Episode Listen Later Apr 15, 2025 31:35


On April 7, the Treasury Department and Department of Homeland Security reached an agreement to allow ICE to use confidential tax information to locate undocumented immigrants. Though this group generally pays taxes at a higher rate than comparable U.S. citizens, advocates warn that the IRS-ICE team-up could have a chilling effect. They say it's likely to endanger the $66 billion in federal tax revenue undocumented immigrants are estimated to contribute, and add to a climate of fear in communities nationwide. Guest: Francine Lipman, law professor at the University of Nevada, Las Vegas. Want more What Next? Join Slate Plus to unlock full, ad-free access to What Next and all your  other favorite Slate podcasts. You can subscribe directly from the What Next show page on Apple Podcasts and Spotify. Or, visit slate.com/whatnextplus to get access wherever you listen. Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Ethan Oberman, and Rob Gunther. Learn more about your ad choices. Visit megaphone.fm/adchoices

Slate Daily Feed
What Next | Trump's Weaponized IRS

Slate Daily Feed

Play Episode Listen Later Apr 15, 2025 31:35


On April 7, the Treasury Department and Department of Homeland Security reached an agreement to allow ICE to use confidential tax information to locate undocumented immigrants. Though this group generally pays taxes at a higher rate than comparable U.S. citizens, advocates warn that the IRS-ICE team-up could have a chilling effect. They say it's likely to endanger the $66 billion in federal tax revenue undocumented immigrants are estimated to contribute, and add to a climate of fear in communities nationwide. Guest: Francine Lipman, law professor at the University of Nevada, Las Vegas. Want more What Next? Join Slate Plus to unlock full, ad-free access to What Next and all your  other favorite Slate podcasts. You can subscribe directly from the What Next show page on Apple Podcasts and Spotify. Or, visit slate.com/whatnextplus to get access wherever you listen. Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Ethan Oberman, and Rob Gunther. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Voice of Reason with Andy Hooser
Elizabeth Patton/Leslie Corbly: Tax Day and DOGE Findings!

The Voice of Reason with Andy Hooser

Play Episode Listen Later Apr 15, 2025 36:51


Guest Elizabeth Patton, State Director for Americans for Prosperity-Kansas, joins to discuss tax day, push to codify Trump tax cuts, and more. Discussion of potentially removing federal income tax, Democrat talking points of tax cuts for "rich and elite", and how to keep inflation down.  Guest Leslie Corbly, author "Progressive Prejudice", joins to discuss DOGE findings, ongoing investigations against DOGE, and more. Is it constitutional to allow DOGE into Treasury Department and Social Security Administration.  Gretchen Whitmer and AOC battle it out in the latest race to the top of the Democrat leadership. 

Newt's World
Episode 831: Trump's Tariffs

Newt's World

Play Episode Listen Later Apr 13, 2025 26:50 Transcription Available


President Trump announced a new tariff strategy called "Liberation Day" aimed at imposing reciprocal tariffs to level the playing field with other countries. Newt’s guest is David Beckworth, a former international economist for the U.S. Treasury Department and senior research fellow at the Mercatus Center. They discuss the implications of this new tariff policy. Beckworth explains the historical context and mechanics of tariffs, and the potential economic impacts, including the risk of stagflation and the effects on U.S. manufacturing. He also highlights concerns about the politicization of the Federal Reserve and the potential for increased lobbying. Their conversation also touches on the broader implications for international trade relations and the challenges businesses may face in adapting to the new tariff landscape.See omnystudio.com/listener for privacy information.

美轮美换 The American Roulette
050 | 特朗普关税风暴:草台班子的大棋?Trump's Tariff Storm: A Ragtag Crew's Grand Strategy?

美轮美换 The American Roulette

Play Episode Listen Later Apr 13, 2025 69:35


【聊了什么】 特朗普在4月2日「解放日」突然宣布对全球主要贸易伙伴加征高额「对等关税」,引发金融市场剧烈动荡。在短短一周内经历了180度大转弯——对除中国外的多数国家暂停征收额外关税,但对华关税则进一步升级。 这背后究竟发生了什么?是特朗普政府深思熟虑的「一盘大棋」,旨在重塑全球贸易格局、打击特定国家?还是白宫内部不同派系——财政部、贸易鹰派(如纳瓦罗)、经济顾问(如Stephen Miran)——目标各异、甚至相互矛盾的结果?特朗普本人对关税根深蒂固的执念,与他第二任期不受约束的执政风格,又在其中扮演了什么角色? 本期节目,我们邀请了全球市场的交易员Sagar一起深入解读这场关税风暴。 本期节目录制于4月12日。 【支持我们】 如果喜欢这期节目并希望支持我们将节目继续做下去: 也欢迎加入我们的会员计划: https://theamericanroulette.com/paid-membership/ 会员可以收到每周2-5封newsletter,可以加入会员社群,参加会员活动,并享受更多福利。 合作投稿邮箱:american.roulette.pod@gmail.com 【时间轴】 02:04 事件回顾:特朗普4月2日宣布「对等关税」及后续反转 04:01 关税公式背后的荒谬逻辑 07:18 特朗普对关税的长期执念 vs 第二任期的放飞自我 12:43 三盘「大棋」:财政部 vs 纳瓦罗 vs 米兰 17:09 市场反应与经济影响 24:47 特朗普的核心动机:财政压力还是个人意志? 30:00 美债市场的动荡及其影响 42:18 政治影响:国会反应、特朗普党内控制力 01:03:25 未来展望:谈判前景、多边贸易体系的挑战 01:07:01 TikTok问题与中美贸易谈判 【我们是谁】 美轮美换是一档深入探讨当今美国政治的中文播客。 我们的主播和嘉宾: 小华:媒体人 王浩岚:美国政治爱好者,岚目公众号主笔兼消息二道贩子 Sagar:全球市场交易员 【 What We Talked About】 On "Liberation Day," April 2nd, Donald Trump abruptly announced hefty "reciprocal tariffs" on major global trading partners, sending shockwaves through financial markets. Within just one week, the policy underwent a dramatic U-turn – additional tariffs were suspended for most countries except China, whose tariffs were instead escalated. What truly happened behind the scenes? Was it a calculated "grand strategy" by the Trump administration aimed at reshaping global trade and targeting specific nations? Or was it the result of conflicting, even contradictory, goals among different factions within the White House – the Treasury Department, trade hawks like Navarro, and economic advisors like Stephen Miran? What role did Trump's own deep-seated obsession with tariffs and his less constrained governing style in his second term play? In this episode, we invite Sagar, a global markets trader, for an in-depth analysis of this tariff turmoil. This episode was recorded on April 12th. 【Support Us】 If you like our show and want to support us, please consider the following: Join our membership program: https://theamericanroulette.com/paid-membership/ Support us on Patreon: www.patreon.com/americanroulette Business Inquiries and fan mail: american.roulette.pod@gmail.com 【Timeline】 02:04 Recap: Trump's April 2nd "Reciprocal Tariffs" & Subsequent Reversals 04:01 The Absurd Logic Behind the Tariff Formula 07:18 Trump's Longstanding Tariff Obsession vs. Second Term Unbound 12:43 Three "Grand Strategies": Treasury vs. Navarro vs. Miran 17:09 Market Reaction & Economic Impact 24:47 Trump's Core Motivations: Fiscal Pressure or Personal Will? 30:00 US Treasury Market Turmoil & Its Impacts 42:18 Political Fallout: Congressional Reaction, Trump's GOP Control 01:03:25 Future Outlook: Negotiation Prospects, Challenges to Multilateral Trade 01:07:01 The TikTok Issue & US-China Trade Talks 【Who We Are】 The American Roulette is a podcast dedicated to helping the Chinese-speaking community understand fast-changing U.S. politics. Our Hosts and Guests: 小华 (Xiao Hua): Journalist, political observer 王浩岚 (Haolan Wang): American political enthusiast, chief writer at Lán Mù WeChat Official Account, and peddler of information Sagar: Global Markets Trader 【The Links】 https://ustr.gov/issue-areas/reciprocal-tariff-calculations https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf https://www.whitehouse.gov/briefings-statements/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/

The Daily Scoop Podcast
IRS chief resigns following deal to share taxpayer data with ICE; Trump takes aim at Pentagon acquisition

The Daily Scoop Podcast

Play Episode Listen Later Apr 10, 2025 3:44


The Internal Revenue Service's acting commissioner is set to leave the tax agency, according to a source familiar with the situation, a move that comes after the Treasury Department signed an agreement to share taxpayers' information with the Department of Homeland Security. Melanie Krause, who joined the IRS in October 2021 as the agency's chief data and analytics officer, is taking the federal government's deferred resignation offer and was not pushed to resign, according to the source. A Government Accountability Office and Department of Veterans Affairs Office of Inspector General alum, Krause was elevated to acting commissioner from chief operating officer in late February, taking over for Doug O'Donnell, who retired after manning the interim post following Danny Werfel's January departure. Krause decided to resign after Treasury officials struck a deal with Immigration and Customs Enforcement over the accessing of taxpayer information. Krause was largely excluded from those conversations, per the Washington Post. A Treasury spokesperson said in a statement to FedScoop that she will continue to serve as acting commissioner “until at least May 15th.” President Donald Trump signed an executive order Wednesday that could lead to the cancellation of major defense acquisition programs, boost the procurement of commercial technologies and shake up the workforce. The directive states that “after years of misplaced priorities and poor management, our defense acquisition system does not provide the speed and flexibility our Armed Forces need to have decisive advantages in the future. In order to strengthen our military edge, America must deliver state‐of‐the‐art capabilities at speed and scale through a comprehensive overhaul of this system.” The EO on “Modernizing Defense Acquisition and Spurring Innovation in the Defense Industrial Base,” directs Defense Secretary Pete Hegseth and Pentagon leadership to complete a comprehensive review of all major defense acquisition programs (MDAPs) within 90 days. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

Daily News Brief by TRT World

Israel's bloodbath in Gaza continues At least 38 Palestinians have been killed, including women and children, and scores wounded in Israeli air strikes on a residential building in Al Shujaiah neighbourhood in Gaza City, as Tel Aviv's deadly onslaught on the enclave continued unabated. At least eight women and eight children are among the victims, while more than 85 people were also wounded, including many in critical condition. More than 34 people remain missing under the rubble of the targeted building, including several women and children. US strikes kill at least 16 in Yemen Yemen's Houthi group has said at least 16 people were killed in US air strikes. The strikes targeted areas of Hudaida and the capital Sanaa. A strike hit al-Hawak district in Hudaida, killing 13 people, most of them women and children. In Sanaa, multiple air strikes targeted the Rajam area in the Bani Hushaysh district and the al-Nahdayn area in the Al-Sabeen district China hits US with 84% tariffs in trade war escalation Beijing has sharply retaliated to the United States' trade war, announcing an increase in tariffs on American goods to a total of 84 percent, up from the previously stated 34 percent. The Chinese Finance Ministry's declaration is set to take effect from April 10th. The Chinese countermeasures had an immediate impact as US stock index futures experienced a sharp decline following the announcements Trump declares 90-day reciprocal tariff pause except for China President Donald Trump has announced a 90 day pause on his sweeping tariffs, giving all countries a 10 percent baseline except China, which will see even higher levies. Trump said based on the lack of respect that China has shown to the World's Markets, the tariff charged to China by the United States of America was raised 125 percent. The US president also said that more than 75 countries had asked for negotiations over the tariffs and that he authorised a 90 day pause, and a substantially lowered Reciprocal Tariff during this period, of 10 percent. US imposes new sanctions on Iran The United States has announced new sanctions targeting Iran's nuclear programme ahead of closely watched talks on the row between the longtime adversaries. The Treasury Department imposed sanctions under additional authorities on five entities, including the Atomic Energy Organization of Iran and one individual over the contested nuclear programme

Here & Now
IRS plans to share immigrant tax data with Homeland Security. What will that mean?

Here & Now

Play Episode Listen Later Apr 9, 2025 24:30


The Treasury Department has agreed to share tax data from immigrants living in the United States without legal status with the Department of Homeland Security. Former Internal Revenue Service Commissioner Danny Werfel explains the implications. And, layoffs at the Food and Drug Administration are expected to reduce the workforce by 20%. Susan Mayne, former director of the Center for Food Safety and Applied Nutrition at the Food and Drug Administration, talks about what those cuts could mean for food safety. Then, Shawnee Baker got a call that her adult daughter, Baylie, had been involved in an accident and was in critical condition. But because Baylie had not designated Baker as her health care proxy, Baker had no say in her daughter's care. Now, Baker is advocating for other parents to take an active role in their adult children's health.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Welcome to Cloudlandia
Ep152: Exploring Time Zones and Trade

Welcome to Cloudlandia

Play Episode Listen Later Apr 9, 2025 50:13


In this episode of Welcome to Cloudlandia, we start by unraveling the intriguing concept of global time zones. We humorously ponder the idea of a unified world clock, inspired by China's singular time zone. The discussion expands to how people in countries like Iceland adapt to extreme daylight variations and the impact of climate change narratives that often overlook local experiences. We then explore the power of perception and emotion in shaping our reactions to world events. The conversation delves into how algorithms on platforms shape personal experiences and the choice to opt out of traditional media in favor of a more tailored information stream. The shift from curated media landscapes to algorithm-driven platforms is another key topic, highlighting the challenges of navigating personalized information environments. Finally, we tackle the critical issue of government financial accountability. We humorously consider where vast sums of unaccounted-for money might go, reflecting on the importance of financial transparency. SHOW HIGHLIGHTS In the episode, Dan and I explore the concept of a unified global time zone, drawing inspiration from China's singular time zone. We discuss the potential advantages and disadvantages of such a system, including the adaptability of people living in areas with extreme daylight variations like Iceland. We delve into the complexities of climate change narratives, highlighting how they often lack local context and focus on global measurements, which can lead to stress and anxiety due to information overload without agency. The power of perception and emotion is a focal point, as we discuss how reactions are often influenced by personal feelings and past experiences rather than actual events. This is compared to the idealization of celebrities through curated information. Our conversation examines the shift from curated media landscapes to algorithm-driven platforms, emphasizing how algorithms shape personal experiences and the challenges of researching topics like tariffs in a personalized information environment. We discuss the dynamic between vision and capability in innovation, using historical examples like Gutenberg's printing press to illustrate how existing capabilities can spark visionary ideas. The episode explores the complexities of international trade, particularly the shift from tangible products to intangible services, and the challenges of tracking these shifts across borders. We address the issue of government financial accountability, referencing the $1.2 trillion unaccounted for last year, and the need for financial transparency and accountability in the current era. Links: WelcomeToCloudlandia.com StrategicCoach.com DeanJackson.com ListingAgentLifestyle.com TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Dean: Mr Sullivan. Dan: Yes, and I forgot my time zones there almost for a second. Are you in Chicago? Yeah, you know. Why can't we just all be in the same time zone? Dean: Well. Dan: I know that's what China does. Yeah, Well, that's a reason not to do it. Then you know, I learned that little tidbit from we publish something and it's a reason not to do it. Dean: then that was. You know I learned that little tidbit from. We publish something and it's a postcard for, you know, realtors and financial advisors or business owners to send to their clients as a monthly kind of postcard newsletter, and so every month it has all kinds of interesting facts and whatnot, and one of them that I heard on there is, even though China should have six time zones, they only have one. That's kind of an interesting thing. Imagine if the. United States had all one time zone, that would be great. Dan: Yeah, I think there would be advantages and disadvantages, regardless of what your time system is. Dean: Well, that'd be like anything really, you know, think about that. In California it would get light super early and we'd be off a good dock really early too we'd be off and get docked really early too. Yeah, I spent a couple of summers in Iceland, where it gets 24 hours of light. Dan: You know June 20th and it's. I mean, it's disruptive if you're just arriving there, but I talked to Icelanders and they don't really think about it. It's, you know, part of the year it's completely light all day and part of the year it's dark all day. And then they've adjusted to it. Dean: It happens in Finland and Norway and Alaska. We're adaptable, dan, we're very adaptable. Dan: And those that aren't move away or die. Dean: I heard somebody was talking today about. It was a video that I saw online. They were mentioning climate change, global warming, and that they say that global warming is the measurement is against what? Since when? Is the question to ask, because the things that they're talking about are since 1850, right, it's warmed by 0.6 degrees Celsius since 1850. We've had three periods of warming and since you know, the medieval warming and the Roman warming, we're actually down by five degrees. So it's like such a so when somebody says that we're global warming, the temperature is global warming and the question is since when? That's the real question to ask. Dan: Yeah, I think with those who are alarmist regarding temperature and climate. They have two big problems. They're language problems, Not so much language, but contextual problems. Nobody experiences global. That's exactly right. The other thing is nobody experiences climate. What we experience is local weather. Dean: Yes. Dan: Yeah, so nobody in the world has ever experienced either global or climate. You just experience whatever the weather is within a mile of you you know within a mile of you. That's basically and it's hard to it's hard to sell a theory. Dean: That, you know. That ties in with kind of the idea we were talking about last week that the you know, our brains are not equipped, we're not supposed to have omniscience or know of all of the things that are happening all over the world, of all of the things that are happening all over the world, where only our brains are built to, you know, be aware of and adapt to what's happening in our own proximity and with the people in our world. Our top 150 and yeah, that's what that's the rap thing is that we're, you know, we're having access to everybody and everything at a rate that we're not access to everybody and everything at a rate that we're not supposed to Like. Even when you look back at you know, I've thought about this, like since the internet, if you think about since the 90s, like you know, my growing up, my whole lens on the world was really a, you know, toronto, the GTA lens and being part of Canada. That was really most of our outlook. And then, because of our proximity to the United States, of course we had access to all the US programming and all that stuff, but you know, you mostly hear it was all the local Buffalo programming. That was. They always used to lead off with. There was a lot of fires in Tonawanda, it seemed happening in Buffalo, because everything was fire in North Tonawanda. It still met 11. And that was whole thing. We were either listening to the CBC or listening to eyewitness news in Buffalo, yeah. But now, and you had to seek out to know what was going on in Chicago, the only time you would have a massive scale was happening in Chicago. Right, that made national news the tippy top of the thing. Dan: Yeah, I wonder if you said an interesting thing is that we have access to everyone and everything, but we never do it. Dean: It's true we have access to the knowledge right Like it's part of you know how, when you I was thinking about it, as you know how you define a mess right as an obligation without commitment that there's some kind of information mess that we have is knowledge without agency? You know we have is knowledge without agency. You know we have no agency to do anything about any of these bad things that are happening. No, it's out of our control. You know what are we going to do about what's happening in Ukraine or Gaza or what we know about them? You know, or we know, everybody's getting stabbed in London and you know you just hear you get all these things that fire off these anxiety things triggers. It's actually in our mind, yeah that's exactly right, that our minds with access to that. That triggers off the hormone or the chemical responses you know that fire up the fight or flight or the anxiety or readiness. Dan: Yeah, it's really interesting. I've been giving some thought to well, first of all, the perception of danger in the world, and what we're responding to is not actual events. What we're responding to is our feelings. Yes, that's exactly right, yeah. You've just had an emotional change and you're actually responding to your own emotions, which really aren't that connected to what actually triggered your emotions. You know it might have been something that happened to you maybe 25 years ago. That was scary and that memory just got triggered by an event in the world. Dean: Yeah. Dan: Yeah, and the same thing with celebrity. Celebrity because I've been thinking about celebrity for quite a long time and you know, each of us you and I, to a certain extent are a celebrity in certain circles, and what I think is responsible for that is that they've read something or heard something or heard somebody say something that has created an image of someone in their mind, but it's at a distance, they don't actually meet you at a distance. And the more that's reinforced, but you never meet them the image of that person gets bigger and bigger in your mind. But you're not responding to the person. You're responding just to something that you created in your mind. Dean: I think part of that is because you know if you see somebody on video or you hear somebody on audio or you see them written about in text, that those are. It's kind of residue from you know it used to be the only people that would get written about or on tv or on the radio were no famous people yeah, famous, and so that's kind of it. I think that the same yeah, everybody has access to that. Now Everybody has reach. You know to be to the meritocracy of that because it used to be curated, right that there was some, there were only, so somebody was making the decision on who got to be famous. Like that's why people used to really want to own media. Like that's why people used to really want to own media. That's why all these powerful people wanted to own newspapers and television and radio stations, because they could control the messaging, control the media. You know? Dan: Yeah, it's really interesting. Is it you that has the reach, or someone else has reach that's impacting you? Dean: Yeah, I mean I think that we all have it depends on whether you're on the sending end or the receiving end of reach. Yeah, like we've seen a shift in what happens, like even in the evolution of our ability to be able to consume. It started with our ability to consume content, like with all of those you know, with MP3s and videos, and you know, then YouTube was really the chance for everybody to post up. You know you could distribute, you had access to reach, and in the last 10 years, the shift has been that you had to in order to have reach, you had to get followers right. That were people would subscribe to your content or, you know, like your content on Facebook or be your friend or follower, and now we've shifted to every. That doesn't really matter. Everything is algorithmic now. It's like you don't have to go out and spread the word and gather people to you. Your content is being pushed to people. That's how Stephen Paltrow can become, can reach millions of people, because his content is scratching an itch for millions of people who are, you know, seeking out fertility content, content, and that is being pushed to you. Now, that's why you're it's all algorithm based, you know, and it's so. It's really interesting that it becomes this echo chamber, that you get more of what you respond to. So you know you're get it. So it's amazing how every person's algorithm is very different, like what shows up on on things, and that's kind of what you've really, you know, avoided is you've removed yourself from that. You choose not to participate, so you're the 100%. Seek out what you're looking for. It's not being dictated to you. Dan: Not quite understanding that. Dean: Well you have chosen that you don't watch news. You don't participate in social media. You don't have an Instagram or anything like that where they're observing what you're watching and then dictating what you see next. You are an active like. You go select what you're going to watch. Now you've chosen real clear politics as your curator of things, so that's the jump. Dan: Peter Zion. Dean: But you're self-directing your things by asking. You're probably being introduced to things by the way. You interact with perplexity by asking it 10 ways. This is affecting this or the combination of this and this. Dan: Yeah, I really don't care what perplexity, you know what it would want to tell me about. Dean: You just want to ask, you want to guide the way it responds. Yeah yeah, and that's very it's very powerful. Dan: It's very powerful. I mean, I'm just utterly pleased with what perplexity does for me. You know like you know, I just considered it. You know an additional capability that I have daily, that you know I can be informed in a way that suits me, like I was going over the tariffs. It was a little interesting on the tariff side because I asked a series of questions and it seemed to be avoiding what I was getting at. This is the first time I've really had that. So I said yeah, and I was asking about Canada and I said what tariffs did Canada have against the United States? I guess you can say against tariff, against before 2025. And it said there were no retaliatory tariffs against the United States before 2025. And I said I didn't ask about retaliatory tariffs, I asked about tariffs, you know. And that said, well, there were no reciprocal tariffs before 2025. And I said, no, I want to know what tariffs. And then this said there was softwood and there was dairy products, and you know. I finally got to it. I finally got to it and I haven't really thought about it, because it was just about an hour ago that I did it and I said why did it avoid my question? I didn't. I mean, it's really good at knowing exactly what you're saying. Why did it throw a couple of other things in there? Dean: Yeah, misdirection, right, or kind of. Maybe it's because what, maybe it's because it's the temperature. You know of what the zeitgeist is saying. What are people searching about? And I think maybe those, a lot of the words that they're saying, are. You know, the words are really important. Dan: Not having a modifier for a tariff puts you in a completely different, and those tariffs have been in place for 50 or 60 years. So the interesting thing about it. By the way, 50 countries are now negotiating with the United States to remove tariffs how interesting. And he announced it on Wednesday. Dean: Yeah. Dan: He just wanted to have a conversation with you and wanted to get your attention. Dean: Yeah, wanted to get your attention. Yeah, have your attention, yeah, okay, let's talk about this. Dan: Yeah and everything. But other than that, I'm just utterly pleased with what it can do to fashion your thoughts, fashion your writing and everything else. I think it's a terrific tool. Dean: I've been having a lot of conversations around these bots. Like you know, people are hot on creating bots now like a Dan bot. Creating bots now like a Dan bot. Like oh Dan, you could say you've got so many podcasts and so much content and so many recordings of you, let's put it all in and train up Dan bot and then people could ask they'd have access to you as an AI. Dan: Yeah, the way I do it. I ask them to send me a check and then they could. Dean: But I wonder the thing about it that most of the things that I think are the limitations of that are that it's not how to even take advantage of that, because they don't know what you know to be able to, of that. Because they're bringing it, they don't know what you know to be able to access that you know and how it affects them you know. I first I got that sense when somebody came. They were very excited that they had trained up a Napoleon Hill bot and AI and you can ask Napoleon anything and I thought, thought you know, but people don't know what to ask. I'd rather have Napoleon ask me questions and coach me. You know like I think that would be much more useful is to have Napoleon Hill kind of ask me questions, engage where I am and then make you know, then feed me his thinking about that. If the goal is to facilitate change, you know, or to give people an advantage, I don't know. It just seems like we're very limited. Dan: I mean, you know, my attitude is to increase the engagement with people I'm already engaged with. Yeah, like I don't feel I'm missing anyone, you know? I never feel like I'm missing someone in the world you know, or somehow my life is deficient because I'm not talking to 10 times more people that I'm talking to now, because I'm not really missing anything. I'm fully engaged. I mean, eight different podcast series is about the maximum that I can do, so I don't really need any. But to increase the engagement of the podcast, that would be a goal, because it's available. I don't. I don't wish for things, that is, that aren't accessible you know, and it's very interesting. I was going to talk to you about this subject, but more and more I've got a new tool that I put together. I don't think you have vision before you have capability. Okay, say more Now. What I mean by that is think of a situation where you suddenly thought hey, I can do this new thing. And you do the new thing and satisfy yourself that it's new and it's useful, and then all of a sudden your brain says, hey, with this new thing, you can do this, you can do this, you can do this, do this, you can do this, you can do this. And my sense is the vision of that you can do this is only created because you have the capability. Dean: It's the chicken and the egg. Dan: Yeah, but usually the chicken is nearby. In other words, it's something you can do today, you can do tomorrow, but the vision can be yours out. You know the vision, and my sense is that capabilities are more readily available than vision. Okay, and I'm making a distinction here, I'm not seeing the capability as a vision, I'm seeing that as just something that's in a very short timeframe, maybe a day, two days, you know, maximum I would say is 90 days and you achieve that. You start the quarter. You don't have the capability. You end the quarter you have the capability. Dean: And once you have that capability. Dan: all of a sudden, you can see a year out, you can see five years out. Dean: I bet that's true because it's repeatable, maybe out. Dan: I bet that's true because it's repeatable, maybe, so my sense is that focusing on capability automatically brings vision with it. Dean: Would you say that a capability? Let's go all the way back to Gutenberg, for instance. Gutenberg created movable type right and a printing press that allowed you to bypass the whole scribing. You know, economy or the ecosystem right, all these scribes that were making handwritten copies of things. So you had had a capability, then you could call that right. Dan: Well, what it bypassed was wood printing, where you had to carve the letters on a big flat sheet of wood and it was used just for one page containers and you could rearrange the letters in it and that's one page, and then you take the letters out and you rearrange another page. I think what he did, he didn't bypass the, he didn't bypass the. Well, he bypassed writing, basically you know because the monks were doing the writing, scribing, inscribing, so that bypassed. But what he bypassed was the laborious process of printing, because printing already existed. It's just that it was done with wood prints. You had to carve it. You had to have the carvers. The carvers were very angry at Gutenberg. They had protests, they had protests. They closed down the local universities. Protests against this guy, gutenberg, who put all the carvers out of work. Yeah, yeah, so, yeah. Dean: So then you have this capability and all of a sudden, europe goes crazy take vision and our, you know, newly defined progression of vision from a proposition to proof, to protocol, to property, that, if this was anything, any capability I believe has to start out with a vision, with a proposition. Hey, I bet that I could make cast letters that we could replace carving. That would be a proposition first, before it's a capability, right. So that would have to. I think you'd have to say that it all, it has, has to start with a vision. But I think that a vision is a good. I mean capabilities are a good, you know a good catalyst for vision, thinking about these things, how to improve them, what else does this, all the questions that come with a new capability, are really vision. They're all sparked by vision, right? Yeah, because what would Gutenberg? The progress that Gutenberg have to make is a proposition of. I bet I could cast individual letters, set up a little template, arrange them and then duplicate another page, use it, have it reusable. So let's get to work on that. Dan: And then he proved. Dean: The first time he printed a page he proved that, yeah, that does work. And then he sets up the protocol for it. Here's how we'll do it. Here's how. Here's the way we make these. Here's the molds for all these letters. He's created the protocol to create this printing press, the, the press, the printing press, and has it now as a capability that's available yeah well, we don't know that at all. Dan: We don't know whether he first of all. We have no knowledge of gutenberg, except that he created the first movable type printing press. Dean: Somebody had to have that. It had to start with the vision of it, the idea. It didn't just come fully formed right. Somebody had to have the proposition. Dan: Yeah, yeah, we don't know. We don't know how it happened. He know he's a goldsmith, I mean, that was so. He was used to melding metals and putting them into forms and you know, probably somebody asked him can you make somebody's name? Can you print out? You know, can you print a, d, e, a and then N for me? And he did that and you know, at some point he said oh, oh, what if I do it with lead? What if? I do it with yeah, because gold is too soft, it won't stand up. But right, he did it with lead. Maybe he died of lead poisoning really fast, huh yeah, that's funny, we don't know, yeah, yeah, I think the steel, you know iron came in. You know they melted iron and everything like that, but we don't know much about it. But I'll tell you the jump that I would say is the vision is that Martin Luther discovers printing and he says you know, we can bypass all the you know, control of information that the Catholic Church has. Now that's a vision. That's a vision Okay. That's a vision, okay, but I don't think Gutenberg had that. I mean, he doesn't play? Dean: Definitely yeah, yeah, I know I think that any yeah, jumping off the platform of a capability. You know what my thought is in terms of the working genius model, that that's the distinction between wonder and invention. That wonder would be wonder what else we could do with this, or how we could improve this, or what this opens up for us. And invention might be the other side of creating something that doesn't exist. Dan: I mean, if you go back to our London, you know our London encounter, where we each committed ourselves to writing a book in a week. Dean: Yes. Dan: You did that, I did that. And then my pushing the idea was that I could do 100 books in 100 quarters. Dean: Yeah, exactly. Dan: Yeah, I mean, that's where it came from. I says, oh, you can create a book really fast to do that. And then I just put a bigger number and so I stayed within the capability. I just multiplied the number of times that I was going to do the capability. So is that a vision, or is that? What is that? Is that a vision? A hundred books, well, not just a capability right. Dean: I think that the fact that you, we both had a proposition write a book and we both then set up the protocols for that, you set up your team and your process and now you've got that formula. So you have a capability called a book, a quarter for 25 years you know that's definitely in the, that that's a capability. Now it's an asset your team, the way that you do it, the formatting, the everything about it. But the vision you have to apply a vision to that capability. Hamish isn't going to sit there and create cartoons out of nothing. Create cartoons out of nothing. You've got to give the idea. The vision is I bet I could write a book on casting, not hiring, how I'm planning on living to 156. So you've got your applying vision against that capability, yeah. Dan: It's interesting because I don't go too far out of the realm of my capabilities when I project into the future. Yeah, so, for example, we did the three books with Ben Hardy, you know and great success, great success. And then we were going further and Hay House, the publisher, started to call us, you know, after we had written our last book in 23, around the beginning of 20, usually six months after. They want to know is there another book coming? Because they're filling up their forward schedule and they do about 90 books and they do about 90 books a year. And so they want to know do we have another one from you? And we said no not really. But then when I did Casting Not Hiring as a small book, and I did Casting Not Hiring as a small book to write a small book, in other words, I'd committed myself to 100 books and this was number 38. I think this was in the 38th quarter. And then Jeff Madoff and I were talking and I said you know, I think this Hay House keeps asking us for another book. I think this is probably it and we sent it to them. I think it was on a Thursday. We had a meeting with them the next Wednesday, which is really fast. It's like six days later I get a meeting and they love it, and about two weeks later the go-ahead came from the publisher that we were going to go with that book. Two weeks later, the go-ahead came from the publisher that we were going to go with that book. And so I've developed another capability that if you write a small book, it's easy to get a big book. Yeah. So that's where the capabilities develop now. Now when I'm writing a new quarterly book, I'm saying is this a big book? Is this a big book? Is this the yeah? Dean: well, I would argue that you know that you've established a reach relationship with Hay House. Dan: Yeah, yeah, because they're a big multiplier. Dean: That's exactly right. So you've got the vision of I want to do a book on casting, not hiring. I have the capability already in place to do the little book and now you've established a reach partnership with Hay House that they're the multiplier in all of this right Vision plus capability, multiplied by reach. And so those relationships that you know, those relationships that you have, are definitely a reach asset that you have because you've established that you know and you're a known quantity to them. You know. Dan: Yeah, well, they are now with the. You know the success of the first three books, yeah, but it's really interesting because I I don't push my mind too much further than that which I can. Actually, you know, like now I'm working on the big book with jeff jeff nettoff and with the first draft, complete draft, to be in a 26, and we're on schedule. We're on schedule for that. You know. So you know. But I don't have any aspirations. You know you drop this as a sentence. You know you want to change things. I actually don't want to change things. I just want to continue doing what I'm doing but have it more productive and more profitable. Is that a vision? I guess that's a vision. Dean: Yeah, I mean that's certainly, certainly. I think that part of this is that staying in your unique ability right, you're not fretting about what the you've made this relationship with a house and that gives you that reach, but there's nothing you're and they were purchased. Dan: They were purchased by random house, so they have massive bar reach. Dean: Wow yeah. Dan: I don't know what the exact nature of their relationship is but things take a little bit slower backstage at their end now, I've noticed as we go through, because they're dealing with a monstrous big operation, but I suspect the reach is better. Yeah, once it happens, right. Dean: And resources. Yeah, yeah, cash as capability, that's a big, you know that was a really good. That's been a big. Distinction too is the value of cash as a capability. Cash for the c, yeah, a lot, as well as cash for the k. But cash for the c specifically is a wonderful capability because with cash you can buy it solves a lot of problems. You can buy all the vision, capability and reach. That was a lot of problems. It really does. Dan: Yeah, yeah, yeah, I was out at dinner last night with Ken and Nancy, harlan you know, you know Ken, and and we were talking. He was talking about he's. He's 30, 33rd year and coach and he started in 92. And coach, and he started in 92 and and he he was just talking about how he has totally a self-managing company and you know he has great free days, and you know he just focuses on his own unique ability. You know so a lot of strategic coach boxes to check off there and he was talking and he was saying that he's been going to some other 10 times workshops. You know where people are and he spoke about someone who's actually a performer musical performer and he just saw himself as back in 1996 or 1997 as the other person spoke, and and, and he asked me the question he says when is the crossover when you stop being a rugged individualist and then you actually have great teamwork around you? Dean: And I said it's a really interesting question. Dan: I said it's when it occurs to you, based on your experience, that trusting other people is a lot less expensive than not trusting them. Dean: Right, that's a good distinction, right. That people often feel like I think that's the big block is that nobody trusts anybody to do it the way they would do it or as good as they can do it or they don't have it. You know, I think, even on the vision side, they may have proof of things, but they're the only one that knows the recipe. They haven't protocol and package to, you know, and I think that's really, I think, a job description or a you know, being able to define what a role is, you know, I think it's just hiring people isn't the answer, unless you have that capability, that new person now equipped with a, with a vision of what they, what their role is. Dan: You know yeah, yeah, I said it's also been my experience that trust comes easier when the cash is good. I think that's true right? Dean: Yeah, but they're not. I think that's really. Dan: I think the reason is you have enough money to pay for your mistakes. Dean: Yes, exactly, cash confidence. Yeah, it goes a long way. Dan: Yeah, I was thinking about Trump's reach. First of all, I think the president of the United States, automatically, regardless of who it is, has a lot of reach. Yes, for sure. Excuse me, sir, it's the president of the United States phoning. Do you take the call or don't take the call? I think you're right, yeah, absolutely. Take the call or don't take the call. I think you're right, yeah, absolutely. He says he's just imposed a 25% tariff on all your products coming into the United States. Dean: Do you care about that or do you not care about it? I suspect you care about it. I suspect. Imagine if he had a, you know if yeah, there was a 25% tariff on all strategic coach enrollments or members. Dan: Yeah Well, that's an interesting thing. None of this affects services. Dean: Right. Dan: Yeah, Because it's hard to measure Well first of all, it's hard to detect and the other thing, it's hard to measure what actually happened. This is an interesting discussion. The invisibility of the service world. Dean: Yeah, it's true, right. And also the knowledge you know like coming into something, whatever you know, your brain and something going across borders is a very different. Dan: Yeah it's very interesting. The Globe and Mail had an article it was in January, I think it was and it showed the top 10 companies in Canada that had gotten patents and the number of patents for the past 12 months, and I think TD Bank was 240, 240. And that sounds impressive, until you realize that a company like Google or Apple would have had 10,000 new patents over the previous 12 months. Dean: Yeah, it's crazy right. Dan: Patent after patent. Dean: Yeah. Dan: And my sense is, if you measure the imbalance in trade let's say the United States versus Canada there's a trade deficit. Trade. Let's say the United States versus Canada there's a trade deficit. Canada sells more into the United States than the United States sells into Canada, but that's only talking about products. I bet the United States sells far more services into Canada than Canada does into the United States. I bet you're right. Yeah, and I bet the services are more profitable. Yeah so for example, apple Watches, the construction of Apple Watches, which happens outside of the United States. Nobody makes a profit. Nobody makes a profit. They can pay for a job, but they don't actually make a profit. All they can do is pay for jobs. China can only pay for jobs, thailand, all the other countries they can only pay. And when it gets back, you know you complete the complete loop. From the idea of the Apple Watch as it goes out into the world and it's constructed and brought back into the United States. All the profit is in the United States. All the profit is in the United States. The greatest profit is actually the design of the Apple Watch, which is all done in the United States. So I think this tariff thing is coming along at an interesting period. It's that products as such are less and less an important part of the economy. Dean: Yeah Well, I've often wondered that, like you know, we're certainly, we're definitely at a point where they were in the economy, where you could get something from. You know. You know I mean facebook and google and youtube. You know all of these companies there's. No, they wouldn't have anything that shows up on any balance sheet of physical goods. You know, it's all just ones and zeros. Dan: Yeah. I mean it doesn't happen anymore, but because we have. You know, nexus, when Babs and I crossed the border, we have trusted, trusted traveler coming this way which also requires us that we look into a camera and then go and check in to the official and he looks at us and all he wants to know is how many bags do you have that have? Dean: been in. Dan: And we tell him. That's all we tell him. He doesn't tell us anything we're bringing into the United States and he doesn't tell us anything we're bringing into the United States. And then, when we come back to Canada, we just have our Nexus card which goes into a machine, we look into a camera and a sheet of paper comes out. And the customs official or the immigration official, just you know, puts a red pen to it, which means that he saw it, and then you go out there. But you know, when we started, coach, we would have to go through a long line. We'd have our passport, and then the person would say what are you bringing? And then we'd have to fill in a card are you bringing this back into canada? Dean: exactly, yeah, you remember the remember and what's the total. Dan: You know the total price of everything that you purchased, everything. Dean: And I used to think. Dan: I said you know, I was in Chicago and I just came up with an idea. It's a million dollar idea. Do I declare that I had the good sense not to declare my million-dollar idea because then they would have taken me in the back room. You know, if I had said that, what are you? Why are you trying to screw around? Dean: with our mind. You'll have to undergo a cavity search to. Dan: So what I'm saying is that what's really valuable has become intangible more and more so just in the 30 years or so of so of coach you know that and it's like the patents. Dean: you know we've had all the patents appraised and there's an asset value, but yeah, because this is an interesting thing that in the or 30 years ago you had to in order to spread an idea. You had to print booklets and tape. I remember the first thing what year did you do how the Best Get Better? That was one of the first things that you did, right? Dan: Right around 2000 or so. In fact, you're catching me in a very vulnerable situation. That's okay. Dean: I mean it had to be. Dan: Okay. Dean: But I think that whole idea of the entrepreneurial time system and unique ability, those things, I remember it being in a little container with the booklet and the cassette. Dan: You know crazy, but that's but yeah, because I think it was. I think it was, was it a disc or a cassette, cassette? So yeah, well, that would have mid nineties. Dean: Yeah, that's what I mean. I think that was my introduction to coach, that I saw that. Dan: but amazing, right, but that just the distribution of stuff now that we have access yeah well, it just tells you that the how much the entire economy has changed in 30 years. From tangible to intangible, the value of things, the value of what do you? Value and where does it come from? Dean: And yeah. Dan: I think all of us in the thinking business. The forces are on our side, I agree. Dean: That's such a great talking with Chad. Earlier this morning I was on my way to Honeycomb and I was thinking, you know, we've come to a point where we really it's like everything that we physically have to do is being kind of taken away. You know that we don't have to actually do anything. You know, I got in my car and I literally said, take me to Honeycomb, and the car drives itself to Honeycomb. And then, you know, I get out and I know exactly what I want, but I just show them my phone and the phone automatically, you know, apple Pay takes the money right out of my account. I don't have to do anything. I just think, man, we're moving into that. The friction between idea and execution is really disappearing. I think so. So the thing to be able to keep up, it's just collecting capabilities. Collecting capabilities is a. That's the conduit. You know, capabilities and tasks. Dan: Well, it's yeah and it's really interesting. But we're also into a world where there's two types of thinking world. There is there's kind of a creative thinking world, where you're thinking about new things, and there's another world thinking about things, but you're just thinking about the things that already already exist yeah, my feeling is and usually that requires higher education college education you know, and all my feel is that they're the number one targets of AI is everybody who does a lot of thinking, but it's not creative thinking. Ai will replace whatever they're doing. And my sense is that this is why the Doge thing is so devastating to government. I mean, I'll just test this out on you. Elon Musk and his team send every federal employee and at the start of the year there were 2.4 million federal government employees and that excludes the, the military. So the military is not part of that 2.4 million and the post office is not part of those are excluded from. Everybody else is included in there. And he sent out a letter he says could just return by return email. Tell us the five things that you did last week. And it was extraordinarily difficult for the federal employees to say what they did last. That would be understandable to someone who wasn't in their world. And I think the majority of them were meetings and reports, uh-huh. Yes, about what? About meetings and reports, uh-huh. Dean: Yes, about what? About meetings and reports yeah, we had the meeting about the report. Dan: Yeah, and then scheduled another meeting To discuss the further follow-up of the report. Dean: Yeah, At least in the entrepreneurial world the things are about you know, yeah. Dan: I mean if you said I sent the memo to you and said, dean Jackson, please tell me it would be interesting stuff that you wrote back. I mean the stuff that you wrote back and you say just five, just five. You know, I can tell you 15 things I did last week, you know, and each of them would be probably an interesting subject. It would be an interesting topic is the division between that bureaucratic world. The guess coming out of the Doge project is if we fired half of federal government employees, it wouldn't be noticed by the taxpayers. Dean: Right, it's like a big Jenga puzzle. Dan: How many can? Dean: we pull out before it all crumbles. Dan: Yeah, because there's been virtually no complaints, like all the pension checks came when they should. All the you know everything like that. The Medicare, everything came. Dean: But what? Dan: they found and this is the one, this is the end joke here that they just went to the Small Business Administration and they examined $600 million worth of loans last year and 300 million of them went to children 11 years or younger who had a Social Security number. Dean: Is that true? Dan: Yeah, and 300 million went to Americans older than 120 who had an active Social Security number. Dean: Wow, now, that's just. Dan: Yeah, but that $600 million went to somebody. 0:48:51 - Dean: Yeah, it went somewhere. Dan: right, they were checks and they went to individuals who had this name and they had Social Security number. We had this name and they had social security number and those individuals don't those individuals. The person receiving the check is not the individual who it was written to. So that's like 600 million. Yeah, and they're just finding this all over the place. These amazing amounts of money and the Treasury Department last year couldn't account for $1.2 trillion. Dean: They couldn't account for where it went.2 trillion, you know. Dan: You know, that seems dr evo's one trillion exactly. Yeah, well, it's going somewhere, and if they cut it off, I bet those people are noticed yeah, I bet you're right, I think there's. This is the great audit we're in the age of the great. We're in the age of the great audit. Anyway, I have daniel white waiting for me, okay this was a good one, daniel yeah, it was good, this was a good one. This tangibility thing is really an interesting subject and intangibility Absolutely. Dean: All right, thank you, dan. Say hi to Daniel for me Next week. Dan: I'm booked socially all day, so take a two-week break.

Talking Tax
Tariffs, Trump's Global Tax Snub Hit OECD Negotiations

Talking Tax

Play Episode Listen Later Apr 9, 2025 30:31


The Trump administration's massive new tariff pronouncements, on top of its pullback from the OECD's global tax deal, have cast doubt on the future of global tax policy efforts.   The two-pillar OECD-led agreement seeks to create a 15% global minimum tax for large multinational corporations and change the way the companies allocate their profits among countries. While the US is still taking part in some negotiations, it has rejected key elements of the deal that it says infringe on US tax sovereignty. The administration has especially taken issue with the deal's undertaxed profits rule, which countries can use to tax companies from other jurisdictions if they aren't paying the minimum tax there. And it has raised objections to countries' imposition of digital services taxes. On Wednesday, President Trump announced a 90-day pause on higher reciprocal tariffs that hit many US trade partners earlier in the day, and raised duties on China to 125%.   The conflict could spark a reaction away from global tax policy negotiations and toward more bilateral, one-on-one dealings between countries as nations look to retaliate or cut a deal with the US. On this episode of Talking Tax, reporter Caleb Harshberger talks with PwC global tax policy leader Will Morris and Michael Plowgian, a partner at KPMG and former deputy assistant secretary for international affairs at the Treasury Department. They discuss the current state of negotiations, the complexity of numerous moving parts, and prospects for the US's ongoing role vis à vis the European Union and other nations. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Student Loan Planner
Who Can (and Cannot) Trust Their New IDR Recertification Date

Student Loan Planner

Play Episode Listen Later Apr 8, 2025 22:42


The Trump administration recently pushed out income-driven repayment (IDR) recertification dates — some all the way to 2027. (I'm not even kidding.) But can you actually count on these extensions? We're breaking down who should trust these announcements and who might want to proceed with caution. We'll also talk about the bizarre game of musical chairs happening between government departments. One minute it's the Department of Education handling things, then suddenly it's the Small Business Administration, and now the Treasury Department's involved? It's like watching a bureaucratic shell game in real time. Listen in as we try to make sense of what's going on, what you can trust, and what steps you should take to protect yourself. Key moments: (00:51) President plans to move student loans to Small Business Administration despite questionable legality and no operational details (04:05) Trump White House surprisingly ordered an extension of borrower recertification dates to no sooner than February 2026 (07:14) Court decisions that finally put an end to the SAVE plan could force millions of borrowers into disruptive repayment plan changes (15:05) Maintain your peace of mind by focusing on what you can control in your financial life   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!  

Post Reports
The IRS is in turmoil. Taxpayers are taking notice.

Post Reports

Play Episode Listen Later Mar 26, 2025 24:08


With just a few weeks to go until Tax Day, Treasury Department and IRS officials are predicting a decrease of more than 10 percent in tax receipts by the April 15 deadline compared with 2024. That would amount to more than $500 billion in lost federal revenue. The prediction, officials told congressional economic correspondent Jacob Bogage, is directly tied to changing taxpayer behavior and President Donald Trump's rapid demolition of parts of the IRS. On “Post Reports,” Jacob joins host Colby Itkowitz to discuss the signals the Trump administration has sent taxpayers with its shrinking of the IRS. And he explains how the administration is hoping to use the tax agency's confidential taxpayer databases to aid in its mass deportation campaign.Today's show was produced by Rennie Svirnovskiy, with help from Bishop Sand. It was edited by Peter Bresnan and mixed by Sean Carter. Subscribe to The Washington Post here.

Squawk Pod
Squawk Pod: Sen. Mark Warner & A Signal chat: You'd be fired - 03/26/25 | Audio Only

Squawk Pod

Play Episode Listen Later Mar 26, 2025 30:17


After a Signal group chat of government officials discussing pending military strikes inadvertently looped in a journalist, Vice Chair of the Select Committee on Intelligence Senator Mike Warner (D-Virginia) called for two of those officials, Secretary of Defense Pete Hegseth and Director of National Intelligence Tulsi Gabbard, to resign. Sen. Warner discusses his concerns about national security and competence in the administration. Plus, a US judge has set Boeing's 737 Max fraud trial, and the Treasury Department is set to furlough a “substantial number” of workers.  Senator Mark Warner - 18:29 In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie

Grain Markets and Other Stuff
Corn Bounce + Joe and Matt have a National Yield Bet (Drought??)

Grain Markets and Other Stuff

Play Episode Listen Later Mar 21, 2025 20:30


Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

Knowledge Fight
#1015: February 2, 2025

Knowledge Fight

Play Episode Listen Later Mar 10, 2025 72:41


In this installment, Dan and Jordan check in to hear Alex's take on Elon Musk invading the Treasury Department and Trump using tariffs as economic violence.

X22 Report
EU Trapped,NATO World Order,Money Laundering Tracker Being Built,Biggest Sting Operation – Ep. 3586

X22 Report

Play Episode Listen Later Mar 4, 2025 97:14


Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture Biden's labor market is weakening, the labor market stats were a lie from the beginning and now its falling apart. Honda will build it's cars in the US instead of Mexico. BOI is dead, it was shutdown by the Bessent and Trump. Now is the time to hold onto gold and crypto. Trump has trapped the EU, they are now divided and half want peace and the other wants war. NATO is not what is seems, this the [DS] NATO World Order. Money laundering tracker is currently being built to track down who is receiving the funds. This is the biggest sting operation the world has ever seen.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KobeissiLetter/status/1896564574318698817   of Americans claiming jobs are hard to get jumped to 16%, the 3rd-highest since 2021. Americans believe the labor market is deteriorating. https://twitter.com/ElectionWiz/status/1896543299923857636 Treasury Department Suspends the Enforcement of BOI that Forces Small Businesses to Report Personal Details About Their Owners to the Feds   The U.S. Treasury Department announced on March 2 that it will cease enforcement of the Corporate Transparency Act (CTA) and its associated Beneficial Ownership Information (BOI) reporting requirements. This decision follows conservative comedian and entrepreneur Terrence K. Williams tagging Elon Musk on X, urging him to take action against the burdensome Beneficial Ownership Information (BOI) rule. On Saturday, Williams wrote: https://twitter.com/elonmusk/status/1896005328338371043?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1896005328338371043%7Ctwgr%5E6801261efa6a133a8538aef39a6b77bf312e22e4%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F03%2Ftreasury-department-suspends-enforcement-boi-that-forces-small%2F Key Provisions of the CTA: Beneficial Ownership Reporting Businesses must report individuals who own or control at least 25% of the company or exert significant control over it. Report includes full name, date of birth, address, and a unique identifying number (e.g., passport or driver's license). Who Must Report? Most small and medium-sized businesses formed in the U.S. or registered to do business in the U.S. Exceptions include larger companies (with more than 20 full-time employees and over $5 million in revenue) and certain regulated industries (e.g., banks, investment firms). Reporting Deadlines: Companies formed before Jan. 1, 2024 must file by Jan. 1, 2025. New businesses formed in 2024 have 90 days from registration. New businesses formed after 2024 have 30 days to report. Penalties for Non-Compliance: Fines up to $500 per day for failure to report. Criminal penalties including fines up to $10,000 and up to 2 years in prison for willfully providing false information Source: thegatewaypundit.com  Treasury secretary says he'll 'appoint an affordability czar,' create 'affordability council' "I think President Trump said that he'll own the economy in six or 12 months. But I can tell you that we are working to get these prices down every day," Bessent says Treasury Secretary Scott Bessent announced  that he plans to appoint an "affordability czar" and create an "affordability council." Bessent also blasted the mainstream press, arguing that their coverage largely described the economy as "great" in the last year and a half of Biden's term. "What I find interesting is,