VF Hive hosts Kristen Scholer and Jon Kelly discuss the week's biggest news stories. From student protests to Jared Kushner's security clearance, it's been a non-stop week in Washington.
Vanity Fair's Nick Bilton discusses what the student protest in Tallahassee, Florida could do to change gun-reform. Emma Gonzalez seems to be leading the pack with the #NeverAgain movement. Bilton says a lot of the Gen Z generation has grown up with social media and are comfortable in front of cameras. He notes this may be why it's the first time we're actually seeing a response of this magnitude to a shooting.
Plus, Jared Kushner is still fighting for his security clearance. Vanity Fair's Emily Jane Fox says that before the Kushner's even got to the White House they made enemies. However, the biggest enemy of all may be John Kelly. Fox says no one wants the President's daughter and son-in-law running the White House, especially Kelly.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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