Economy & Finance
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Guest Contribution: “Americans can’t afford Trump’s inflationary policies”
Menzie Chinn, Econbrowser.com
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version was published in Project Syndicate. May 31, 2026 …
May 31, 2026, 7:03 AM
We did the math on Ken Griffin's pied-à-terre tax bill
Madeline Berg,Juliana Kaplan, Business Insider
New York City's tax on second homes is now in effect after backlash from billionaires, including the Citadel CEO.
May 30, 2026, 9:56 AM
Ken Griffin's $238 million New York City penthouse isn't the only pied-à-terre he owns. See what else is in his portfolio.
Jordan Pandy, Business Insider
Citadel CEO Ken Griffin doesn't approve of New York City Mayor Mamdani's pied-à-terre tax. See all the homes he owns around the country — and the world.
May 28, 2026, 8:40 PM
Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
Tristan Bove, Yahoo Entertainment
The Golden State might be able to stomach more ultra-wealthy departures than first feared.
May 27, 2026, 4:49 PM

Trump’s big beautiful income tax dodge
Heather Digby Parton, Salon
The president's settlement with the Justice Department means he could never face IRS audits again
May 25, 2026, 1:30 PM
Trump’s Trading Volume Just Jumped 10x and Topped All of Congress Combined
Joel South, 24/7 Wall St.
The Slate Money hosts opened their latest episode with a number that should make every investor sit up. President Trump’s stock trading activity jumped...
May 25, 2026, 11:58 AM
Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system
BERNARD CONDON and FATIMA HUSSEIN, Yahoo Entertainment
Remember Donald Trump’s response in the 2016 presidential debate, when Hillary Clinton blasted him for paying virtually no federal taxes? On Tuesday, the...
May 22, 2026, 10:06 AM

Dems demand answers from Treasury secretary on Trump's IRS settlement
Allison Pecorin, Abcnews.com
Democrats are demanding answers from the Treasury and IRS over Trump's settlement and "Anti-Weaponization Fund."
May 22, 2026, 9:19 AM

How Trump's IRS settlement could block tax audits of him, his family and their businesses
BBC News
Some lawmakers and legal experts say the department has violated federal law with its addendum to the settlement.
May 21, 2026, 2:24 AM
Trump Sued Himself And Walked Away With A $100 Million Tax Debt Erased
Mike Masnick, Techdirt
There were two rumors last week regarding the supposed “settlement” of Donald Trump’s ridiculously problematic lawsuit against his own IRS, asking for $10 billion. The first was that he was going to get an agreement to drop all audits of his taxes (and the ta…
May 20, 2026, 8:11 PM

Did Trump Accidentally Buy Stock in a Sushi Restaurant Instead of a Tech Company?
Matt Novak, Gizmodo.com
There's something fishy about the President's stock purchases.
May 20, 2026, 5:40 PM
Jeff Bezos backs Mamdani's tax on luxury second homes, but says Ken Griffin isn't the villain
Roya Shahidi, Business Insider
Mayor Zohran Mamdani's proposed tax on luxury second homes has an unlikely defender: Jeff Bezos.
May 20, 2026, 3:35 PM

10 Wednesday AM Reads
Barry Ritholtz, Ritholtz.com
My mid-week morning train WFH reads: • Stock Gains Without All the Taxes? How the Hottest Trade on Wall Street Works: The stock-market surge has propelled the use of a new kind of tax-loss harvesting. We break it down. The WSJ on the surge of direct-indexing …
May 20, 2026, 10:30 AM

US President Trump and family given immunity from pending tax audits
John Power, Al Jazeera English
Democrats blast the tax announcement, which follows establishment of a controversial 'Anti-Weaponization Fund'.
May 20, 2026, 2:08 AM

U.S. government to drop tax claims against Trump in broadening of IRS settlement
The Associated Press, NPR
As part of the settlement agreement, the U.S. is "forever barred and precluded" from examining or prosecuting President Trump, his sons and the Trump organization's current tax issues, according to a document posted to the DOJ website.
May 20, 2026, 12:20 AM

DOJ addendum to Trump settlement bars IRS from auditing him and his family
Alexander Mallin, Peter Charalambous, Katherine Faulders, Abcnews.com
In an addendum to its settlement ending President Trump's IRS lawsuit, the DOJ has barred the IRS from auditing the tax returns of Trump, his family and his companies.
May 19, 2026, 8:50 PM
The DOJ's sweeping Trump settlement bars the IRS from pursuing any unpaid taxes claims it may have against Trump
Insider Inc., Business Insider
The DOJ's settlement of Trump's lawsuit related to his leaked tax returns includes a sweeping pledge.
May 19, 2026, 8:35 PM

Trump drops IRS lawsuit, sets up $1.7bn US anti-weaponisation fund
Al Jazeera, Al Jazeera English
The new fund has led to widespread pushback from Democrats and government watchdog groups.
May 18, 2026, 5:39 PM

Trump, in court filing, says he plans to drop his $10B lawsuit against IRS
Katherine Faulders, Peter Charalambous, Alexander Mallin, Abcnews.com
Lawyers for Donald Trump have informed a judge that he plans to drop his $10 billion lawsuit against the IRS.
May 18, 2026, 1:20 PM
Why Shouldn’t Yields Rise?
Menzie Chinn, Econbrowser.com
Friday’s jump in 10 year Treasury yields (10 bps), and the 30 year yield nearing 5% alarmed markets. But why? Debt and the debt trajectory are up. Fed Chair Designate Warsh wants to shrink the Fed balance sheet, even as Trump continues his assault on Fed inde…
May 17, 2026, 5:11 PM

Trump’s ‘Slow Motion Heist’ Of $1.7 Billion Taxpayer Dollars
NewsHound Ellen, Crooksandliars.com
Remember Trump’s $10 billion lawsuit against the IRS? I don’t know whether somebody figured it was a bad look while Americans are struggling with Trump inflation thanks to his tariffs and unnecessary war, not to mention the loss of health insurance and food b…
May 16, 2026, 4:54 PM

Kevin (Warsh) Can Wait
Emily Peck, Felix Salmon, and Elizabeth Spiers, Slate Magazine
The new Fed Chair is inheriting an inflation conundrum: appease Trump or hold out on rates?
May 16, 2026, 12:00 PM

10 Friday AM Reads
Barry Ritholtz, Ritholtz.com
My end-of-week morning train WFH reads: • Miami got NYC’s billionaires. Will it get their businesses? The fact is, high earners who were formerly geographically tethered to their companies can now work remotely. They are optimising their domicile for taxes, w…
May 15, 2026, 10:30 AM

Trump says he will suspend petrol tax amid soaring US fuel prices
Andy Hirschfeld, Al Jazeera English
Suspending a federal tax requires an act of Congress, and there may be procedural delays before it can be achieved.
May 11, 2026, 8:59 PM