After a procedural snafu last night, the House officially passed tax reform this morning. Now the bill goes to President Trump's desk to be signed into law.
Jack Hunter, Editor at Rare Politics, explains what happened that forced the House to vote on the bill for a second time. Since Congress is attempting to pass legislation using budget policy, there are a special set of rules that have to be followed. The Senate claimed that the House violated those rules in multiple ways.
President Trump could sign the bill into law as soon as tonight. However, even if it gets signed this week, Americans won't feel the effects of tax reform until next year. Hunter walks through some of the ways your taxes could be impacted.
Though FAANG stocks hit an all-time high last week, their gains could be undermined by the Trump administration's trade stand-off with China that could soon widen into the technology sector, says Jason Ware, chief investment officer at Albion Financial Group.
The country's highest court on Tuesday ruled in favor of the travel ban the Trump administration attempted to implement last year. The court rejected the argument that the policy exceeded the president's authority and that it discriminated against Muslims.
Letting women drive will make them "good workers and consumers," says Hiba Zayadin, the acting Saudi researcher at Human Rights Watch. But "the power structures and systems that keep women as second-class citizens" remain prevalent., she tells Cheddar.
Police shootings have persisted in America for the last several decades but now personal video footage is holding officers accountable, says O'Donnell. The MSNBC host is re-publishing his book "Deadly Force" that chronicles the 1975 police shooting of an unarmed black man that was criticized as "basically a murder".
The president's consistent attacks on media outlets like CNN is "very, very good for business." But Trump has avoided directing his wrath at MSNBC since taking the White House, because the network "is much higher rated" and "he would prefer people to watch CNN," which features many pro-Trump speakers, says O'Donnell.
The MSNBC host explains what happened leading up to the moment when his co-worker, Rachel Maddow, broke down in tears on air while covering the border crisis. O'Donnell tells Cheddar that if he had to report the story on tender age shelters, he might have cried too.
Markets plunged on Monday as President Trump escalated already-tense trade relations with China and investors saw the first sign of American manufacturers feeling the impact of the Trump administration’s increasingly protectionist stance.
Melania Trump received a lot of criticism for wearing a jacket with the phrase "I DON'T REALLY CARE, DO U?" scrawled across the back on her way to meet with migrant children at the Texas-Mexico border. The bizarre choice, at such a heated moment, may have been "a very calculated move," said Vox reporter Rebecca Jennings.
Citigroup CEO Michael Corbat weighs in on the backlash over family separation at the border and the need for immigration reform.
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The country's top court on Thursday ruled that states can force online retailers to charge sales taxes on purchases even if they don't have a physical presence in the state. D.A. Davidson's Tom Forte says Amazon may actually end up benefiting from that rule.
