Who Will Replace Elon Musk as the Leader of DOGE?
Joe Gebbia, a close friend of Mr. Musk’s, is expected to be a part of a small council of advisers that will oversee the Department of Government Efficiency.
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Money Talks (and Listens) at Saudi Investment Forum Attended by Trump
The wealthy and the powerful gathered in Saudi Arabia with the goal of becoming even more so. “They’re going to walk away with a lot of checks,” President Trump said.
Elon Musk’s Use of X Mimics Hearst’s and Ford’s Manipulation of Media
The Tesla billionaire is using his social media site X to rant and accuse. The politics of rage rarely worked out well for earlier moguls.
Trump Softens on Raising Taxes on the Rich, Saying G.O.P. Probably Shouldn’t
Days after he privately encouraged Speaker Mike Johnson to increase tax for the wealthy in a bill to fulfill his agenda, he publicly said it could be a bad idea, one that was ‘OK’ with him.
Trump Revives Push for Higher Taxes on the Rich
The president is said to want to create a new top income bracket for people making more than $2.5 million per year and to tax income above that level at a rate of 39.6 percent.
Stock Market Chaos Over Tariffs Could Take Toll on Economy
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
What to Know About the Backlash Against Tesla
Elon Musk’s electric carmaker faces serious headwinds amid his involvement with right-wing politics and the Trump administration.
Nicole Shanahan Puts Money Into Effort to Recall Karen Bass
Nicole Shanahan, who pumped millions into Robert F. Kennedy Jr.’s campaign last year and joined him on the ticket, is now backing an effort to remove Mayor Bass of Los Angeles.
Trump Plans ‘Gold Card’ Alternative to Green Cards for ‘High Level People’
President Trump said the cards would have “a higher level of sophistication” than green cards and cost applicants about $5 million.
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.