Ways and Means Committee

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The gloves are coming off in Congress as Democrats and Republicans fight over the Mueller report and impeachment

More and more Democrats are ramping up calls for impeachment and harsher punishments for top Trump officials. At the same time, Democratic leaders are trying to tamp down on calls for Trump’s impeachment and advocate a “go-slow” strategy. Republicans are saying the Mueller investigation’s conclusion that Trump campaign officials did not engage in a conspiracy…


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Trump’s tax records show his businesses lost so much money over a decade, he didn’t have to pay income taxes for 8 of those ten years

President Donald Trump’s tax information covering the years 1985 to 1994 show a business empire nearly in ruin, according to financial information obtained by The New York Times. Trump’s negative adjusted gross income allowed him not to pay any income tax for eight of those years, according to the records. The filings show that in…


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Treasury Secretary Mnuchin officially refuses to give Trump’s tax returns to Democrats, setting up high-stakes showdown

Treasury Secretary Steven Mnuchin denied House Democrats’ requests for President Donald Trump’s tax returns. Mnuchin said the request for the president’s tax returns “lacks a legitimate legislative purpose.” Democrats on the House Ways and Means Committee will now be tasked with sending a subpoena, which could develop into a lawsuit if the Trump administration continues…


Trump’s Hanoi failure sends message to Beijing on trade – I’ll walk

Trump’s Hanoi failure sends message to Beijing on trade – I’ll walk

“Xi was counting on Trump signing a trade agreement Beijing had no intention of honouring,” he wrote in a widely circulated Tweet after the summit collapsed on Thursday.Mr Trump now also has the benefit of newly-minted official figures that highlight the underlying strength of the US economy.Even though annualised gross domestic product growth slowed in…


Soft on Rusal, tough on Canada: Pressure on Trump to cut tariffs on Canadian aluminum producers

Soft on Rusal, tough on Canada: Pressure on Trump to cut tariffs on Canadian aluminum producers

The removal of U.S. sanctions on Russia’s United Company Rusal is accelerating a decline in prices for Canadian aluminum producers already grappling with a 10 per cent tariff imposed by Washington.Yet the pain of the U.S. levies remains more severe for manufacturers and downstream producers south of the border, industry leaders say.Canadian aluminum smelters are…