Some news here: Trump’s new pick to be the top lawyer at the IRS, James Gadwood, works at a firm that represents Trump’s holding company in tax matters
Scoop: Lawyers at the IRS prepared a 25-page memo recommending that DOJ move to dismiss Trump's lawsuit against the agency.
DOJ instead settled the case by creating the $1.776 billion "anti-weaponization" fund.
Scoop: The top lawyer at the Treasury Department suddenly stepped down on Monday.
Comes in the wake of the Trump admin's $1.776 billion "anti-weaponization fund."
New: Officials at DOJ and the White House are scrambling to decide how to respond to Trump’s lawsuit demanding $10b.
They expect that Trump himself will have to weigh in.
@alanfeuer
https://t.co/Ds06RV3whs
Personality conflicts, a private lunch and a personnel plan: how Billy Long ended up losing a role he’d held for just weeks @aduehren me https://t.co/W0vWpuY3Cd
“It is a honor to serve my friend President Trump and I am excited to take on my new role as the ambassador to Iceland. I am thrilled to answer his call to service and deeply committed to advancing his bold agenda. Exciting times ahead!” - Billy Long
Finance Chair Mike Crapo tight-lipped when asked about whether he’s comfortable with House SALT provisions.
“I’m not talking about that right now.”
Adds his reconciliation objective is to make more of the tax cuts permanent
Says real deadline is when debt limit is reached