treasury department
Trump says his ballroom will house a drone port. The Secret Service already has one next door
WASHINGTON | President Donald Trump’s AI-fueled vision for a drone port he intends to install atop the new White House ballroom includes missile-bearing unmanned aerial vehicles and gun-toting troops, ostensibly to protect the 18-acre complex and the nation’s capital. A few hundred feet away, a drone port, run by the U.S. Secret Service and not […]
Trump administration pushes to remove tax exemption for private colleges with DEI policies
WASHINGTON | The Trump administration is proposing a new rule that would strip private schools and colleges of their tax-exempt status if they provide targeted help to students based on their race, a significant escalation in the White House’s campaign to eradicate diversity programs directed at Black, Hispanic and other minority students. The Treasury Department […]
Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits
WASHINGTON | Treasury Secretary Scott Bessent refused to say Wednesday whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies. “There’s continuing litigation, and I’m unable to comment on ongoing litigation,” Bessent told […]