Gregory Korte
Reporter at Bloomberg News
White House and politics reporter, @bloomberg @business. Journalism instructor @ouhtc. Forever Ohio. Usual disclaimers. John 20:25
Articles
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5 days ago |
fortune.com | Daniel Flatley |Gregory Korte
Bessent, in a letter to House Speaker Mike Johnson, said that “after reviewing receipts from the recent April tax filing season, there is a reasonable probability that the federal government’s cash and extraordinary measures will be exhausted in August while Congress is scheduled to be in recess.” Bessent urged Congress to “increase or suspend the debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States.” That timeline puts pressure on...
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5 days ago |
news.bloomberglaw.com | Daniel Flatley |Gregory Korte
Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted in August.
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5 days ago |
bloomberg.com | Daniel Flatley |Gregory Korte
Scott Bessent (Bloomberg) -- Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted in August.
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5 days ago |
bloomberg.com | Gregory Korte
Richard Trumka Jr.(Bloomberg) -- President Donald Trump has fired the three Democrats on the Consumer Product Safety Commission, a week after they voted to defy an executive order that asserted the White House’s power over independent regulatory agencies. Commissioners Richard Trumka Jr. and Mary Boyle say they were told by the White House that the president had fired them.
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6 days ago |
news.bloombergtax.com | Brody Ford |Gregory Korte
Adobe Inc. will offer a package of its products to the government at a discounted rate following scrutiny on software spending by the Trump administration. A bundle of Adobe software, including the Acrobat application for handling PDF files, will be available to the government at a 70% discount to current list prices through November, the US General Services Administration said Thursday in a statement.
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EXPLAINER: President Trump's proposed deal to accept a new Air Force One from Qatar has raised questions about the ethics of accepting such a gift — even from a strategic ally. Here's what to know. https://t.co/SLVoHuPvy2
RT @whca: WHCA Statement on the Unprecedented Exclusion of Wires on International Trip. https://t.co/q3EfZr8evf
NEW: Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted in August. (w/ @DanielPFlatley) https://t.co/7iNPuxXcal