The U.S. federal tax collection agency and administrator of the Internal Revenue Code
England’s prime minister is accelerating talks on a national care service with cross‑party support, aiming to fund reforms from existing budgets. Baroness Casey’s review will inform the plan, with a focus on pay for care workers and integration with the NHS. Officials say there will be no immediate tax rises as talks proceed.
Todd Blanche has posted written orders that rescind a May directive creating a $1.8bn "anti-weaponization" fund and that limit broad IRS audit protections in a settlement with Donald Trump. Senators John Cornyn and Thom Tillis have said they will support advancing his nomination to the full Senate, though Democrats and legal experts have said the written assurances leave room to revive the fund.
The Senate has passed a bipartisan short-term funding bill 90-6 to keep the federal government funded through Dec. 11. The measure blocks the administration from transferring funds to the Border Patrol, delays a national ban on intoxicating hemp products by one month, and pauses a proposed White House grants rule while negotiations on full-year spending continue.
The Senate has confirmed Todd Blanche 50–49 as U.S. attorney general and he has been sworn in at the White House. Blanche has led the Justice Department in an acting capacity since April, previously served as the president’s private lawyer, and has rescinded a proposed $1.8bn compensation fund amid bipartisan concern about politicising the department.
Financial advisors say retirees should blend equities with steady income to combat inflation and longevity risk. The guidance shifts away from ultra-conservative portfolios, urging personalized allocations that may include 40%–60% equity exposure, international holdings, and diversified income sources. Updates reflect aging demographics and persistent market volatility.
A new Empower analysis shows Americans’ net worth rises with age, reaching into the trillions for Silent and Baby Boomer generations. Younger generations trail, though 401(k) saving and IRA contributions are increasing. The shift signals a historic intergenerational wealth transfer that funds consumption and retirement across decades.
Francesca Hong leads a four-candidate field in Wisconsin’s governor race, while David Crowley is backing a bid as the field tightens. In Minnesota, race dynamics center on electability ahead of the U.S. Senate contest as progressives threaten to reshape the party’s trajectory.
The Senate has confirmed Blanche as attorney general in a 50-49 vote after a hard-fought fight. He has assumed control at Justice Department amid resignations and politically charged investigations, and he is pledging to uphold the rule of law while navigating pressure from the White House.
ICE has signed a no-bid contract to acquire 6,000 conductive distraction and de-escalation gloves from Compliant Technologies for use in high‑tension encounters. The deal, worth up to $20 million, has drawn pushback from civil rights advocates and some Democrats who warn of safety and accountability risks. The procurement notice was published this week and underscores ongoing debates over law enforcement tools in immigration enforcement.
The Guardian has published readers’ questions on equal pay, exploring whether the principle is desirable and whether it could create a better society. The discussion invites further input with a mix of personal recollections and theoretical arguments about compensation, equality, and incentives.
Alex Saab has pleaded guilty to one count of money laundering in Miami and will forfeit $195 million as part of a deal to cooperate with US investigations. The plea follows a long-running case tied to alleged bribes, shell companies, and the CLAP program in Venezuela.
Robinhood is expanding beyond trading into wealth management, banking and AI-powered tools as it targets mass-market customers while pursuing higher revenue per user. Executives say the company is building a full financial platform to capture aging and wealthier customers, with retirement accounts and private wealth services in sight.
A three‑judge panel of the 1st US Circuit Court of Appeals has largely upheld a lower court ruling that found the Department of Homeland Security’s third‑country removal policy unlawful, saying migrants must get a meaningful chance to raise safety concerns before removal. The panel narrowed one part of the decision on procedural grounds. The administration is expected to appeal.
The U.S. case against David Hearn over vandalism at the Lincoln Memorial Reflecting Pool has been permanently dismissed after prosecutors found new evidence showing contractor flaws. The judge notes potential political interference from the White House and President Trump’s public comments as a key factor in the decision. Three related cases were also dropped.
States are debating and enacting taxes on high earners amid a broader shift in tax policy. Massachusetts has already seen revenue from a millionaire tax, while California and other states consider or challenge wealth taxes. Ballot measures in November could reshape where high earners live and how much they pay.
New York has backed the Education Freedom Tax Credit, directing up to $1,700 of federal tax credits to nonprofits that grant scholarships for private schooling and related expenses. The program, funded by private donations, is available to students in public and private schools who meet income thresholds. Governors in blue states have shown growing interest as Hochul signals support for next school year.
A set of recent studies shows borrowers weigh debt repayment against building savings. While many prioritize paying down high-interest debt, experts warn against depleting emergency funds. The guidance: balance debt payoff with a cushion for unexpected costs as households reassess financial priorities amid rising rates and market uncertainty.
The White House has asked Ambassador Guilfoyle to resign after weeks of reports detailing alleged improper conduct, including a claim that she sought a donor’s payment of a $100,000 bill in exchange for access to officials. Rubio defends the ambassador while investigations continue. The move marks the end of a tenure that lasted less than a year.
The government has announced a major crackdown on fraud in federal aid programs, indicting more than 40 defendants linked to SNAP and related schemes. Officials say millions have been siphoned from taxpayers, with actions spanning Ohio, Georgia and beyond. A rapper-turned-defendant is among those charged, alongside several retailers and storefronts that allegedly facilitated the fraud.
The United Airlines chief executive has publicly backed a nationwide wealth tax and higher inheritance taxes, saying they are necessary to address wealth inequality. He has defended airline pricing practices, arguing fares reflect service value, and notes prices remain below 2019 levels after inflation. The remarks come as California contemplates a billionaire tax and as other tech leaders weigh in on tax policy.
Federal courts have rejected the Justice Department’s emergency requests to force California to separate roughly 20,000 mail ballots the administration says are tied to likely non‑citizens. Lower courts and the 9th Circuit have flagged unreliable data and the risk of disenfranchising lawful voters as voting has already been processing across the state ahead of the Nov. 3 midterms.