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President Trump's Economic Claims Under Scrutiny Amidst Flourishing Assertions

President Trump's Economic Claims Under Scrutiny Amidst Flourishing Assertions

President Trump has asserted that the U.S. economy is flourishing, prompting a fact-checking analysis by Ali Velshi, an economics correspondent and anchor at MS NOW. The claims made by President Trump are being scrutinized to assess their accuracy and the real state of the economy. This analysis is part of a broader effort to evaluate the economic policies and statements made by the administration, especially in light of recent economic indicators and trends. The fact-checking process involves examining various economic metrics and comparing them against the claims made by President Trump to provide a clearer picture of the economic landscape.
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Trump administration allows six more states to restrict food stamp purchases

Trump administration allows six more states to restrict food stamp purchases

WASHINGTON, Dec 10 (Reuters) - U.S. Agriculture Secretary Brooke Rollins said on Wednesday that she has granted waivers to six additional states allowing them to prevent the use of food stamps to purchase certain items, like soft drinks and candy. 
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Treasury Secretary Bessent calls for looser regulations for the U.S. financial system

Treasury Secretary Bessent calls for looser regulations for the U.S. financial system

U.S. Treasury Secretary Scott Bessent is proposing changes to the Financial Stability Oversight Council
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U.S. Treasury to probe businesses involved in Minnesota fraud case, Bessent says

U.S. Treasury to probe businesses involved in Minnesota fraud case, Bessent says

WASHINGTON, Dec 12 (Reuters) - The U.S. Treasury is boosting financial reporting requirements for money services businesses that will help track where cash goes, Treasury Secretary Scott Bessent said on Friday after a fraud scandal involving Minnesota's social services system.
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US removes Brazilian Supreme Court justice and his wife from sanctions list

US removes Brazilian Supreme Court justice and his wife from sanctions list

The U.S. has removed Brazilian Supreme Court Justice Alexandre de Moraes from its sanctions list
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Treasury Secretary Scott Bessent Proposes New Rule for Regional Fed Presidents

Treasury Secretary Scott Bessent Proposes New Rule for Regional Fed Presidents

Treasury Secretary Scott Bessent Proposes New Rule for Regional Fed Presidents
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Trump's AI Adviser Faces Scrutiny Over Potential Conflicts of Interest in AI Policy

Trump's AI Adviser Faces Scrutiny Over Potential Conflicts of Interest in AI Policy

David Sacks, President Trump's top advisor on technology and cryptocurrency policy, is under scrutiny for potential conflicts of interest related to his role in shaping AI policy. Sacks, a prominent figure in Silicon Valley, has been instrumental in crafting an executive order aimed at establishing a federal framework for artificial intelligence, which seeks to limit state-level AI regulations. This move has sparked debate over whether Sacks is leveraging his position to benefit his financial interests, as he holds significant investments in AI-related companies through his venture capital firm, Craft Ventures. Despite divesting from major tech companies like Amazon and Meta, Sacks retains over 400 investments in AI firms. Critics, including government ethics expert Kathleen Clark, argue that the ethics waivers granted to Sacks are akin to a 'presidential pardon,' allowing him to influence policy without fear of conflict-of-interest investigations.
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Stephen Miller Criticized for Timing of Stock Sales Following Trump Administration Deal

Stephen Miller Criticized for Timing of Stock Sales Following Trump Administration Deal

Stephen Miller, the White House Deputy Chief of Staff and a close ally of President Trump, is facing scrutiny over his recent sale of shares in MP Materials, a mining company. This sale occurred shortly after the Trump administration announced a significant $400 million investment in the company, which caused its stock price to surge. Miller sold between $50,000 and $100,000 worth of shares on August 14, after the stock price had risen from $30.03 to a peak of $76.58. Although Miller's actions do not appear to violate any laws, ethics experts have raised concerns about potential conflicts of interest, given his senior position in the administration. The White House has stated that Miller divested from his stock holdings in coordination with the Office of Government Ethics, and he was not involved in the negotiations between the administration and MP Materials.
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Stephen Miller Faces Ethics Scrutiny Over Stock Sales in Mining Company Post-Trump Deal

Stephen Miller Faces Ethics Scrutiny Over Stock Sales in Mining Company Post-Trump Deal

Stephen Miller, a senior adviser to President Trump, is under scrutiny for selling stocks in MP Materials, a mining company, shortly after a significant deal was announced by the Trump administration. The stock sale, valued between $50,000 and $100,000, has raised ethical concerns among watchdog groups and political observers. These groups question whether Miller's financial interests influenced government decisions, as MP Materials benefited from a strategic announcement by the administration. Miller, who has previously faced criticism for holding stocks in companies affected by government policies, denies direct involvement in the negotiations of the deal.
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Stephen Miller Criticized for Stock Sales Following Major Trump Administration Deal

Stephen Miller Criticized for Stock Sales Following Major Trump Administration Deal

Stephen Miller, a top ally of President Trump and White House Deputy Chief of Staff, is facing criticism for selling shares in MP Materials, a mining company, shortly after the Trump administration announced a significant investment in the company. The administration agreed to invest $400 million in MP Materials, acquiring a 15% stake and committing to purchase its products. This deal caused the company's share price to surge, reaching a historic high shortly after the announcement. Miller sold his shares on August 14, when the stock price was at its peak. Although Miller's actions do not appear to violate any laws, ethics experts have raised concerns about potential conflicts of interest, given his senior position in the White House. A White House official stated that Miller had consulted with the Office of Government Ethics regarding his stock holdings.
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U.S. Treasury Department Proposes Central Role in Anti-Money Laundering Enforcement

U.S. Treasury Department Proposes Central Role in Anti-Money Laundering Enforcement

U.S. Treasury Department Proposes Central Role in Anti-Money Laundering Enforcement
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Trump Administration Unveils Gold Card Visa to Revamp Immigration System

Trump Administration Unveils Gold Card Visa to Revamp Immigration System

The Trump administration has introduced the Gold Card visa, a new immigration initiative allowing wealthy foreigners to purchase U.S. visas. Announced at the White House, the program is designed to function similarly to a green card, granting permanent residency status to individuals who invest $1 million into the U.S. Treasury. Companies can also participate by contributing $2 million to retain employees. The initiative aims to overhaul the existing EB-5 visa program, which has been criticized for its inefficiencies. The Department of Homeland Security will conduct background checks to ensure applicants meet the necessary qualifications.