Politics

New IRS paperless system will help reduce deficit significantly over 10 years, Yellen says

WASHINGTON — Treasury Secretary Janet Yellen praised a new initiative by the IRS that she said will help reduce the…

Judge resets crypto couple plea hearings ahead of Trump appearance in D.C. court

A federal judge in Washington, D.C., reset the times for Thursday’s plea hearings of the “Crypto Couple” accused of trying…

Billionaire DeVos family looks to DeSantis, not Trump, in 2024

The billionaire DeVos family, whose matriarch, Betsy DeVos, served in Donald Trump’s Cabinet, appears to be backing a Trump rival…

Capitol Police reopen Senate buildings after finding no active threat

Capitol Police reopened a Senate office building Wednesday after sweeping the area and finding “no suspicious activity or persons of…

Trump’s GOP allies vent about Hunter Biden after latest special counsel indictment

Former President Donald Trump’s Republican allies in Congress rushed to his defense following his latest criminal indictment, this time accusing…

Treasury Secretary Yellen says surprising Fitch downgrade is ‘entirely unwarranted’

WASHINGTON — Treasury Secretary Janet Yellen on Wednesday denounced Fitch’s decision to downgrade the United States’ longstanding credit rating that…

Trump indictment reveals new details of Jan. 6, pressure campaign to subvert election

The new indictment of Donald Trump reveals previously unknown details about his and his allies’ efforts to prevent President Joe…

Trump defense lawyer calls trial timeline ‘absurd,’ singles out co-conspirator John Eastman

An attorney defending Donald Trump in his newest criminal case argued Wednesday that the former president’s efforts to reverse his…

WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company reveals

Federal law enforcement agents executed a search warrant on World Wrestling Entertainment boss Vince McMahon last month and served him…

Russia attacks more Ukrainian ports and grain supplies; imprisoned activist Navalny calls war ‘stupid’ and ‘senseless’

This has been CNBC’s live blog tracking developments on the war in Ukraine. [Follow the latest updates here.] Ukraine’s air…