Closer inspection suggests there isn't much substance, at least not yet, to the temporary truce President Donald Trump announced Friday at the White House after the U.S. and China wrapped up their 13th round of trade talks.
By Paul Wiseman, Dave Kolpack, David Pitt, Associated Press
The emerging two-year framework would satisfy demands for an outline to guide congressional work on more than $1.3 trillion in agency operating budgets. It would still need to be fleshed out in further negotiations, and puts off battles over political…
Members of both parties demanded to know why a company with massive market power and a track record of scandals should be trusted with such a far-reaching project, given the potential for fraud, abuse and criminal activity.
Treasury Secretary Steven Mnuchin said he does not know who wrote a confidential Internal Revenue Service legal memo that says that tax returns must be given to Congress unless the president asserts executive privilege.
Steven Mnuchin said in a letter to House Ways and Means Chairman Richard Neal that he will give the panel a final decision by May 6. Neal says he will consult with the committee's lawyers on the next steps.