Nathan Tankus is the research director of the Modern Money Network. He also writes the Notes on the Crises newsletter. President Donald Trump’s efforts to freeze federal funds is an unprecedented assault on the federal government — and the beginning of a constitutional crisis. His billionaire donor Elon Musk’s attempts …
Read More »Trump's Billionaire Treasury Pick Stresses Importance of Tax Cuts for Billionaires
President-elect Donald Trump’s Treasury Secretary pick, a billionaire who has been accused of evading taxes, says that “the most important economic issue of the day” is extending Trump’s tax cuts for the ultra rich. Scott Bessent spoke about his economic plans while sitting for his confirmation hearing before the Senate …
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