Money, Wealth & Power—A Daily Look at the Financial World
The Trump administration went over the heads of every judge who has tried to slow construction of the president’s new White House ballroom and asked the Supreme Court to let the cranes keep running. The application reached Chief Justice John Roberts on Thursday, one week after a divided federal appeals court panel ruled that Congress,…
A federal appeals court has put a hard legal wall in front of President Donald Trump’s planned $400 million White House ballroom. The 2-1 ruling says the president cannot keep building the massive aboveground addition unless Congress gives the express approval that the judges concluded federal law requires. The decision is not the final word,…
Todd Blanche spent the weekend doing the one thing a nominee never wants to do: writing down, in a binding order, that a $1.8 billion pot of money he had approved was dead. It worked well enough to get him out of the Senate Judiciary Committee on Tuesday. It did not work well enough to…
President Donald Trump is suing the Internal Revenue Service and the Treasury Department for at least 10 billion dollars, even as he sits atop the very government he is trying to force to pay him. The case, built around the leak of his tax records, has now collided with basic questions of conflict of interest,…
Donald Trump has not just embraced crypto as a policy priority, he has personally tied his fortune and his presidency to it. His family’s digital asset empire, centered on World Liberty Financial and a web of foreign deals, now sits on top of a regulatory regime his own appointees control. If this latest conflict of…
The revelation that a powerful United Arab Emirates royal poured hundreds of millions of dollars into the Trump family’s crypto venture has detonated a fresh political storm around President Donald Trump. At the center is World Liberty Financial, a digital asset company tied directly to the Trump Family, and a secretive stake that critics say…
Foreign money has quietly poured into a Trump family cryptocurrency venture, tying the president’s business interests to a powerful security chief from the United Arab Emirates. The scale and secrecy of the investment have raised urgent questions about whether a sitting president is now financially entangled with a foreign government’s national security apparatus. At stake…
President Donald Trump is turning a massive legal clash with the tax authorities into a political and public relations spectacle, floating the idea of settling his $10 billion claim and handing the money to charity. The president has framed the lawsuit as a test of government accountability after the leak of his tax returns, while…
Donald Trump’s family quietly agreed to sell nearly half of its flagship crypto venture to a powerful royal from the United Arab Emirates in a deal valued at $500 million, according to recent investigative reporting. The transaction handed a foreign intelligence heavyweight a major foothold in a business closely associated with the sitting president, while…
President Donald Trump has opened a new front in his long running battle over his finances, filing a lawsuit that seeks at least 10 billion dollars from the Internal Revenue Service and the Treasury Department. The complaint accuses federal officials of failing to protect his confidential tax information and allowing it to leak to news…
Retirement Shield
The money news that hits your wallet
The free Retirement Shield newsletter covers the benefits, tax, and cost-of-living changes that affect what you keep, a couple of times a week.