County Sanders Financial News

Volodymyr Zelenskyy, garnering attention for his dignified demeanour during a contentious White House meeting with US President Donald Trump. The encounter resulted in an 'unprecedented disaster' as Trump and VP JD Vance engaged in a 'shouting match' whilst 'berating' Zelenskyy. An American reporter, Brian Glenn, Chief White House Correspondent at Real America's Voice, questioned Zelenskyy's choice of attire — his signature black sweater. Zelenskyy responded with poise, stating, «I will wear a (suit) costume after this war finishes, yes. Maybe something like yours, yes, maybe something better. I don't know, we will see. Maybe something cheaper. Thank you.» The situation deteriorated when Trump and Vance collectively accused Zelenskyy of «disrespecting» the U.S. The meeting concluded abruptly, with Zelenskyy departing without securing a crucial minerals agreement intended for a US-brokered truce.

Donald Trump has appointed former Democratic Representative Tulsi Gabbard to be the next director of national intelligence, according to an AP report. This role sits at the top of the nation’s intelligence agencies and serves as the president’s main intelligence adviser. As per an AP report, Gabbard, who has over two decades of military experience, doesn’t have the traditional intelligence background of past directors. After leaving the Democratic Party in 2022, she endorsed Trump earlier this year, gaining popularity among his base. Here’s a closer look at Gabbard:

Senators are heading home for the month after failing to advance a bill to expand the child tax credit and restore some business tax breaks

WASHINGTON—President Biden’s announcement last week that his administration would seek to forgive billions of dollars’ worth of federal student loans was cheered by progressives, the latest in a string of actions he has taken to shore up support from the left—annoying the center in the process. That has some Democrats worrying he is making a big mistake.

By David Shepardson and Chris Sanders

Silent Donor is flourishing just as the privacy debate for contributors heats up, especially for those using donor-advised funds to anonymously give to their favorite, and sometimes controversial, causes while also getting a tax break

(Reuters) -The Washington State attorney general is planning to file a lawsuit to block supermarket chain Kroger (NYSE:KR)'s near-$25 billion acquisition of Albertsons (NYSE:ACI), Bloomberg News reported on Thursday, citing a person familiar with the plan.

Oprah Winfrey talked about her recent weight loss while looking lovely on the red carpet for the opening of The Color Purple. In an interview, the former talk show presenter was asked what she's been doing to accomplish her latest goals. She acknowledged that she has been working hard and that she intends to continue! Oprah acknowledged that she hasn't achieved the kind of results she has with a single, easy adjustment. She also disclosed that before going to the premiere event, she had spent a little time on the treadmill.

University of Colorado football team led by Deion Sanders, it has turned into a major disappointment. The team lost its seventh game on Friday night with a final score of 56-14, creating a losing record and ensuring that the Buffaloes will not play in a bowl game. Colorado and Washington State entered Friday night's game tied for last place in the Pac-12, and Washington State obliterated Colorado 56-14, proving Colorado is the worst team in the conference. Sanders said the team is falling short of what it is capable of. He said “that’s the part that's difficult to swallow”. «This is really disappointing because we had high expectations here.»

Senate Majority Leader Chuck Schumer and other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump

The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules proposed in August 2023. The public consultation will last until Nov. 13. 

Last week, the FTX court saga had elements of a TV drama, with Sam “SBF” Bankman-Fried’s former business associate and girlfriend, Caroline Ellison, sharing some shocking stories about SBF’s rule over the company. Ellison admitted to fraud during her time as CEO at Alameda under Bankman-Fried’s direction. However, she blamed the misuse of FTX user funds directly on SBF, claiming he “set up the systems” that led to Alameda taking roughly $14 billion from the exchange.

Seven members of the United States Senate have called on the Treasury Department and Internal Revenue Service (IRS) to advance a rule imposing certain tax reporting requirements for crypto brokers “as swiftly as possible”.

Glencore has won a landmark legal test of its ability to run copper and lead smelters in the middle of a city, after a Queensland mother failed to prove the Mount Isa lead smelter caused injury to her daughter.

The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers would be required to use a new form to report to simplify tax filing and cut down on tax cheating.

FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body representing FTX customers said it is “extremely disappointed” by the plan. 

Almost two years after Biden’s infrastructure bill became law, two high-profile Democrat senators are keen on ensuring that crypto reporting requirements within the bill are properly enforced.

A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”