Dec 13 IRS recovers $4.7 billion in back taxes, braces for cuts under Trump and GOP majority By Fatima Hussein, Associated Press The collections included $1.3 billion from high-income taxpayers who did not pay overdue tax debts and $2.9 billion related to IRS Criminal Investigation work into crimes like drug trafficking and terrorist financing. Despite its gains, the future of the agency's… Continue reading
Dec 13 WATCH: DOJ holds briefing on $650M settlement with McKinsey for its role in opioid epidemic By Geoff Mulvihill, Alanna Durkin Richer, Associated Press McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work to help opioids manufacturer Purdue Pharma boost the sales of the highly addictive drug OxyContin, according to court papers filed in… Continue reading
Dec 13 Pelosi hospitalized on official trip to Luxembourg after she 'sustained an injury' By Mary Clare Jalonick, Farnoush Amiri, Associated Press Pelosi, 84, was in Europe with a bipartisan congressional delegation to mark the 80th anniversary of the Battle of the Bulge in World War II. Continue reading
Dec 13 What another Trump administration could mean for crypto By Kenichi Serino Bitcoin surpassed $100,000 for the second time ever on Wednesday, after hitting the milestone the first time in early December, a surge fueled by optimism that the Trump administration would be more friendly to the cryptocurrency industry. Continue reading
Dec 13 No undercover FBI agents at Jan. 6 riot, watchdog finds in rebuke to conspiracy theories By Alanna Durkin Richer, Eric Tucker, Associated Press The report Thursday from the Justice Department inspector general’s office knocks down a fringe conspiracy theory advanced by some Republicans in Congress that the FBI played a role in instigating the events of Jan. 6, when rioters determined to overturn… Continue reading
Dec 13 Only 3 in 10 Americans highly confident in Trump on Cabinet, spending or military, AP-NORC poll says By Linley Sanders, Meg Kinnard, Associated Press Only about 3 in 10 are "extremely" or "very" confident that Trump will pick qualified people to serve in his administration. Continue reading
Dec 12 Watch 5:56 What Biden's historic commutations mean By Lisa Desjardins, Saher Khan, Ali Schmitz President Biden announced he's commuting the prison sentences of some 1,500 people and issuing pardons to 39 others convicted of nonviolent crimes. That marks the largest number of commutations by a president in a single day. Lisa Desjardins discussed more… Continue watching
Dec 12 Watch 7:17 How Hegseth's controversial religious views could affect military leadership By Laura Barrón-López, Sam Lane President-elect Donald Trump’s nominee for Secretary of Defense, Pete Hegseth, has faced allegations of sexual misconduct, excessive drinking and financial mismanagement, all of which he denies. Laura Barrón-López and Brad Onishi discussed something else that’s drawn scrutiny, the influence of… Continue watching
Dec 12 Watch 8:17 Colorado community braces for possible mass deportations under Trump By Stephanie Sy, Sam Weber President-elect Trump said he is willing to enlist the military to deport migrants and is open to new detention camps to facilitate those deportations. The comments are the latest on his key campaign pledge, mounting the largest deportation operation in… Continue watching
Dec 12 House Republicans pass bill to add 66 new federal judgeships, but White House says Biden would veto it By Kevin Freking, Associated Press The House has passed what was once a bipartisan effort to expand the number of federal district trial court judgeships across the country. Continue reading