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Former Treasury Secretary Larry Summers Warns DOGE Reforms Could Deepen Deficit and Erode Trust in Institutions
Summers warns that IRS workforce cuts, part of DOGE reforms, may result in greater revenue losses than savings.
Summers warns that IRS workforce cuts, part of DOGE reforms, may result in greater revenue losses than savings.
The directive involves transferring jurisdiction of the Roosevelt Reservation and other areas to the military for border-barrier construction and defense operations.
U.S. Attorney Alina Habba, a Trump ally, announced the probe, citing concerns over state policies that critics argue undermine federal authority and public safety.
Economic and military tensions grow, with Beijing facing slow growth, high unemployment, and limited domestic consumption, while the U.S. strengthens its Pacific presence.
O’Leary urges negotiations for a fair trade deal, emphasizing the importance of accountability while maintaining trade relations.
China’s share of U.S. exports has dropped significantly, while Trump’s hardline policies aim to reduce reliance on Chinese supply chains and protect American industries.
Bond yields spiked sharply this week, marking their worst performance since 1981, as tariffs and inflation concerns shook markets.
Critics argue the policy violates due process and unfairly targets immigrants, while officials claim it aligns with efforts to tighten immigration controls.