Treasury Secretary Steven Mnuchin said Thursday that cities and states should not be shut down again if there is a second wave of the coronavirus, citing the economic damages that would be involved."We can't shut down the economy again," he said on CNBC."You create more damage, not just economic damage. There are other areas — medical problems that get put on hold. The president made the right decision. I think we learned a lot," Mnuchin said.A second round of lockdowns to fight s would inflict deep damage to the global economy that is already suffering a severe recession, the Organization...…Treasury Secretary Steven Mnuchin said Thursday that cities and states should not be shut down again if there is a second wave of the coronavirus, citing the economic damages that would be involved."We can't shut down the economy again," he said on CNBC."You create more damage, not just economic damage. There are other areas — medical problems that get put on hold. The president made the right decision. I think we learned a lot," Mnuchin said.A second round of lockdowns to fight s would inflict deep damage to the global economy that is already suffering a severe recession, the Organization...WW…

Joe Biden's tax plan would result in millions fewer employed and a drastic reduction in economic output, according to a new report by President Trump's former chief economist.The Democratic nominee's tax plan would increase the average tax rates on both labor and capital income, which would reduce business investment in the long run and result in 3 million fewer full-time equivalent employees, according to a soon-to-be-published report by Casey Mulligan, the former chief economist for President Trump's Council of Economic Advisers. Mulligan also predicts Biden's tax plan would result in 4%...…Joe Biden's tax plan would result in millions fewer employed and a drastic reduction in economic output, according to a new report by President Trump's former chief economist.The Democratic nominee's tax plan would increase the average tax rates on both labor and capital income, which would reduce business investment in the long run and result in 3 million fewer full-time equivalent employees, according to a soon-to-be-published report by Casey Mulligan, the former chief economist for President Trump's Council of Economic Advisers. Mulligan also predicts Biden's tax plan would result in 4%...WW…

Despite his history as a centrist, Joe Biden has moved further to the left than President Barack Obama and previous Democrats when it comes to his spending policies, economists say.This has occurred, they say, not only because the Democratic base is increasingly progressive but also because of the extraordinary challenges posed by the coronavirus crisis.“Biden is presenting himself as temperamentally moderate, which is why he’s pushing back on some of the protests,” said Brian Riedl, an economist with the Manhattan Institute, a conservative think tank. “But his actual policy proposals are...…Despite his history as a centrist, Joe Biden has moved further to the left than President Barack Obama and previous Democrats when it comes to his spending policies, economists say.This has occurred, they say, not only because the Democratic base is increasingly progressive but also because of the extraordinary challenges posed by the coronavirus crisis.“Biden is presenting himself as temperamentally moderate, which is why he’s pushing back on some of the protests,” said Brian Riedl, an economist with the Manhattan Institute, a conservative think tank. “But his actual policy proposals are...WW…

Reining in Big Tech companies is not possible without being open about their campaign donations that fueled the 2020 election, most of which went to Democrats, according to two Republican senators.Sens. Ted Cruz and Josh Hawley raised concerns about getting meaningful legislation aimed at Silicon Valley passed because the Biden administration and prominent Democrats, who control Congress, could be beholden to financial ties to technology giants."Big Tech are the largest financial supporters of Democrats in the country," told the Washington Examiner on Tuesday. "And so, to date, we have seen...…Reining in Big Tech companies is not possible without being open about their campaign donations that fueled the 2020 election, most of which went to Democrats, according to two Republican senators.Sens. Ted Cruz and Josh Hawley raised concerns about getting meaningful legislation aimed at Silicon Valley passed because the Biden administration and prominent Democrats, who control Congress, could be beholden to financial ties to technology giants."Big Tech are the largest financial supporters of Democrats in the country," told the Washington Examiner on Tuesday. "And so, to date, we have seen...WW…

Reining in Big Tech companies is not possible without being open about their campaign donations that fueled the 2020 election, most of which went to Democrats, according to two Republican senators.Sens. Ted Cruz and Josh Hawley raised concerns about getting meaningful legislation aimed at Silicon Valley passed because the Biden administration and prominent Democrats, who control Congress, could be beholden to financial ties to technology giants."Big Tech are the largest financial supporters of Democrats in the country," told the Washington Examiner on Tuesday. "And so, to date, we have seen...…Reining in Big Tech companies is not possible without being open about their campaign donations that fueled the 2020 election, most of which went to Democrats, according to two Republican senators.Sens. Ted Cruz and Josh Hawley raised concerns about getting meaningful legislation aimed at Silicon Valley passed because the Biden administration and prominent Democrats, who control Congress, could be beholden to financial ties to technology giants."Big Tech are the largest financial supporters of Democrats in the country," told the Washington Examiner on Tuesday. "And so, to date, we have seen...WW…

Twitter banned the account of Project Veritas founder James O'Keefe on Thursday.A spokesperson for the social media platform said the account "was for violating the Twitter Rules on ."The move follows multiple disclosures this week from an undercover operation in which a CNN technical director was documented on video boasting that the cable news giant to the 2020 defeat of former President Donald Trump from office and talking about how the coronavirus pandemic isO'Keefe said he will be filing a lawsuit against Twitter.“I am suing Twitter for defamation because they said I, James O'Keefe,...…Twitter banned the account of Project Veritas founder James O'Keefe on Thursday.A spokesperson for the social media platform said the account "was for violating the Twitter Rules on ."The move follows multiple disclosures this week from an undercover operation in which a CNN technical director was documented on video boasting that the cable news giant to the 2020 defeat of former President Donald Trump from office and talking about how the coronavirus pandemic isO'Keefe said he will be filing a lawsuit against Twitter.“I am suing Twitter for defamation because they said I, James O'Keefe,...WW…

Social media platform Parler will be allowed back on Apple's App Store after being banned from the marketplace for over four months following the Jan. 6 Capitol attack. The platform, which is popular with conservatives, was forced to significantly improve its content moderation practices in order to be allowed to return to the store.It is a "huge win for free speech," said Rep. Ken Buck of Colorado, the top Republican on the House antitrust panel overseeing Big Tech regulations. Buck received a on Monday informing him of the reinstatement.At the end of March, Buck and Republican Sen. Mike...…Social media platform Parler will be allowed back on Apple's App Store after being banned from the marketplace for over four months following the Jan. 6 Capitol attack. The platform, which is popular with conservatives, was forced to significantly improve its content moderation practices in order to be allowed to return to the store.It is a "huge win for free speech," said Rep. Ken Buck of Colorado, the top Republican on the House antitrust panel overseeing Big Tech regulations. Buck received a on Monday informing him of the reinstatement.At the end of March, Buck and Republican Sen. Mike...WW…

Senior House Republicans signed a pledge this week to stop taking campaign donations from Big Tech companies in the hope of pressuring others to follow their lead and create a movement that will reduce anti-conservative censorship and anti-competitive behavior.Rep. Ken Buck, the top Republican on the House antitrust panel, led seven House GOP members in the “Pledge for America” earlier this week not to take campaign donations from the likes of Facebook, Google, Amazon, Apple, and Twitter.“Thank you to my colleagues who joined me on this important effort to refuse campaign donations from Big...…Senior House Republicans signed a pledge this week to stop taking campaign donations from Big Tech companies in the hope of pressuring others to follow their lead and create a movement that will reduce anti-conservative censorship and anti-competitive behavior.Rep. Ken Buck, the top Republican on the House antitrust panel, led seven House GOP members in the “Pledge for America” earlier this week not to take campaign donations from the likes of Facebook, Google, Amazon, Apple, and Twitter.“Thank you to my colleagues who joined me on this important effort to refuse campaign donations from Big...WW…

CloseAlthough Rep. David Cicilline puts no stock in Republican allegations that Big Tech discriminates against conservatives, he is happy to argue that his anti-monopoly legislation would rule out such bias through greater competition and to accept their support."If you thought anti-conservative bias did exist, then having these platforms have the kind of monopoly power and market dominance they have, it would just facilitate that," the Rhode Island Democrat said during an interview with the Washington Examiner.The congressman, who has lead the antitrust panel since 2018, said earlier this...…CloseAlthough Rep. David Cicilline puts no stock in Republican allegations that Big Tech discriminates against conservatives, he is happy to argue that his anti-monopoly legislation would rule out such bias through greater competition and to accept their support."If you thought anti-conservative bias did exist, then having these platforms have the kind of monopoly power and market dominance they have, it would just facilitate that," the Rhode Island Democrat said during an interview with the Washington Examiner.The congressman, who has lead the antitrust panel since 2018, said earlier this...WW…

President Trump on Wednesday said he was in support of another round of direct payments for individuals and that he wants the amount to be greater than what Democrats have proposed."I support it, but it has to be done properly. And I support larger numbers actually than the Democrats, but it's got to be done properly," Trump said on Fox Business.The coronavirus legislation passed by House Democrats, known as , includes a new round of $1,200 direct payments to individuals.Trump also said on Wednesday that the March coronavirus relief legislation, known as the CARES Act, gave people a...…President Trump on Wednesday said he was in support of another round of direct payments for individuals and that he wants the amount to be greater than what Democrats have proposed."I support it, but it has to be done properly. And I support larger numbers actually than the Democrats, but it's got to be done properly," Trump said on Fox Business.The coronavirus legislation passed by House Democrats, known as , includes a new round of $1,200 direct payments to individuals.Trump also said on Wednesday that the March coronavirus relief legislation, known as the CARES Act, gave people a...WW…