Bloomberg Politics: news on page 235

IRS Warns Taxpayers on Tactics to Avoid Property Deduction Caps

The Internal Revenue Service warned taxpayers to proceed with caution after states including New York and New Jersey approved workarounds to the new federal limits on deductions for state and local
Fannie-Freddie Overhaul Plan Is Dead for This Year, Senators Say

Fannie-Freddie Overhaul Plan Is Dead for This Year, Senators Say

Two U.S. senators who have played key roles in trying to advance housing-finance reform are acknowledging the legislative efforts to end government control of Fannie Mae and Freddie Mac are dead, at
Trump Demands ‘Transparency’ From Rosenstein on Mueller Probe

Trump Demands ‘Transparency’ From Rosenstein on Mueller Probe

President Donald Trump said he expects “total transparency” from Deputy Attorney General Rod Rosenstein and the FBI regarding documents related to Special Counsel Robert Mueller’s investigation of
Trump Says He'll Know Next Week Whether Kim Summit Will Proceed

Trump Says He'll Know Next Week Whether Kim Summit Will Proceed

President Donald Trump said it will be clear by next week whether his planned summit with North Korean leader Kim Jong Un will proceed as planned.
ZTE Crackdown Measures Advance in Congress, Pressuring Trump

ZTE Crackdown Measures Advance in Congress, Pressuring Trump

Congress is increasing pressure on President Donald Trump not to weaken sanctions on ZTE.
Spain's Rajoy Lines Up Basque Support to Pass Delayed Budget

Spain's Rajoy Lines Up Basque Support to Pass Delayed Budget

Spanish Prime Minister Mariano Rajoy lined up support from Basque deputies for his long-delayed budget, boosting his claim to be the steward of the country’s economic expansion.
U.K. Negotiators Haven't Pitched Irish Backstop, Officials Say

U.K. Negotiators Haven't Pitched Irish Backstop, Officials Say

U.K. Brexit negotiators haven’t formally discussed with their European counterparts Theresa May’s controversial new proposal for breaking the deadlock over the Irish border, according to three people
Pompeo Affirms, Reluctantly, That Russia Tried to Help Trump Win

Pompeo Affirms, Reluctantly, That Russia Tried to Help Trump Win

Secretary of State Mike Pompeo acknowledged after prodding by lawmakers that he backs the finding by U.S. intelligence agencies.
Manafort Judge Questions Claim of Improper Records Seizure

Manafort Judge Questions Claim of Improper Records Seizure

A federal judge posed skeptical questions about Paul Manafort’s claim that an FBI agent improperly searched a storage locker that held extensive business records.
May's Preferred Brexit Option Is Less Costly, U.K. Taxman Says

May's Preferred Brexit Option Is Less Costly, U.K. Taxman Says

The U.K. tax authority says Prime Minister Theresa May’s favored Brexit model would be six times cheaper than the other option on the table.
Trump Hints at 'Different Structure' for China Trade Deal

Trump Hints at 'Different Structure' for China Trade Deal

Bloomberg's Kevin Cirilli discusses the ongoing trade negotiations between the U.S. and China on "Bloomberg Markets: The Open." (Source: Bloomberg)
Ramaphosa Pledges to Donate Half of Presidential Salary to Mandela Fund

Ramaphosa Pledges to Donate Half of Presidential Salary to Mandela Fund

South African President Cyril Ramaphosa pledged to donate half his salary to a fund honoring Nelson Mandela.
Trump Tweets ‘Big News’ Is Coming for U.S. Auto Workers

Trump Tweets ‘Big News’ Is Coming for U.S. Auto Workers

President Donald Trump said in a tweet Wednesday morning that “big news” is on the way for U.S. auto workers.
Pompeo Seeks ‘Credible’ North Korean Steps Toward Denuclearization

Pompeo Seeks ‘Credible’ North Korean Steps Toward Denuclearization

Secretary of State Mike Pompeo said the U.S. wants North Korea to take “credible steps” toward giving up its nuclear weapons program.
Trump Backs Away From China Deal Under Pressure by Trade Hawks

Trump Backs Away From China Deal Under Pressure by Trade Hawks

President Donald Trump is backing away from the trade agreement the U.S. just announced with China, under pressure from China hawks among his supporters and in Congress who have assailed the accord as
U.S. Employee in China Suffers Brain Injury in Case Recalling Cuba Sound ‘Attack’

U.S. Employee in China Suffers Brain Injury in Case Recalling Cuba Sound ‘Attack’

A U.S. government employee in China reported abnormal sensations of sound and pressure ahead of being diagnosed with a mild brain injury, in a case reminiscent of diplomats who fell ill in Cuba last
Brazil Optimistic on Boeing-Embraer Deal

Brazil Optimistic on Boeing-Embraer Deal

The Brazilian government is “optimistic” about a deal between Boeing Co. and Embraer SA and initial concerns about the potential military impact have been overcome, the country’s defense chief said.
Trump Car-Emission Plan Meets Negotiator Who Considers It ‘Crap’

Trump Car-Emission Plan Meets Negotiator Who Considers It ‘Crap’

Mary Nichols was in classic blunt mode last week, calling the latest Trump administration’s challenge to Obama-era auto-emission targets “a piece of crap” and dismissing as “nonsense” the industry
U.K. Admits Brexit Bill Will Be Paid Even Without Trade Deal

U.K. Admits Brexit Bill Will Be Paid Even Without Trade Deal

A leading Brexit minister in Theresa May’s government was forced into a painful political admission -- the U.K. is legally bound to settle its divorce bill even if it doesn’t get a future trade deal
Trump’s Tax Plan Could Mess Up Your Prenup

Trump’s Tax Plan Could Mess Up Your Prenup

President Donald Trump’s tax overhaul could wreak havoc on prenuptial agreements across the country -- and maybe even his own.