Political Glance
President Donald Trump on Monday signed an executive order requiring that for every new federal regulation, two existing regulations must be removed.
"This will be the largest ever cut by far in terms of regulation," Trump said during a signing ceremony.
Trump signed the order, which he said was "a big one," following a meeting with small business leaders. During the meeting, Trump said the "American dream is back," adding that he wants to end regulatory discrepancy between small and big business.
Trump signs executive order to cut regulations on businesses
Foreign Payments to Trump Firms Violate Constitution, Suit Will Claim
A liberal watchdog group plans to file a lawsuit Monday arguing that President Donald Trump is violating the Constitution's ban on officials accepting benefits from foreign governments.
The suit will claim that Trump's business dealings with foreign countries who rent space in his buildings or lend money to his real estate ventures run afoul of the foreign emoluments clause, Citizens for Responsibility and Ethics in Washington said in a statement Sunday evening.
Intel experts worry Trump will go rogue
President-elect Donald Trump’s skepticism of the Intelligence Community’s findings on Russian election interference has raised fears among experts that Trump will bypass intel analysts and demand that his personal team conduct its own analyses of raw data.
Tossing aside career analysts can create false conclusions, critics warn — like the George W. Bush administration’s incorrect assessment that Iraq had weapons of mass destruction (WMDs).
NY AG: Trump can't dissolve foundation during investigation
Donald Trump cannot move ahead with his plan to dismantle his charitable foundation because state prosecutors are probing whether the president-elect personally benefited from its spending, the New York attorney general's office said Tuesday.
"The Trump foundation is still under investigation by this office and cannot legally dissolve until that investigation is complete," said Amy Spitalnick, spokeswoman for state Attorney General Eric Schneiderman.
Trump Names Carl Icahn as Adviser on Regulatory Overhaul
Carl Icahn, the billionaire investor who has been laying siege to corporate boards for decades, will be named special adviser to Donald Trump on overhauling regulations, according to a person familiar with the matter.
For years, Icahn considered himself the ultimate outsider, painting his role as storming corporate castles run for country club executives by traversing moats and battling the highly-paid and established knights of those in power, like investment bankers from Goldman Sachs. His detractors attacked Icahn for being a corporate raider trying to sack corporations for quick profits. But with Trump winning the White House, Icahn now has the keys to the kingdom, or at least the ear of the president-elect.
Anti-Trump forces launch attack on Electoral College
Anti-Trump forces are preparing an unprecedented assault on the Electoral College, marked by a wave of lawsuits and an intensive lobbying effort aimed at persuading 37 Republican electors to vote for a candidate other than Donald Trump.
It’s a bracing stress-test for an institution that Alexander Hamilton envisioned as a safeguard against popular whims, and a direct challenge to the role that the Electoral College has evolved to play in picking the president: constitutional rubber stamp.
Stein files for recount in Pennsylvania
Green Party presidential candidate Jill Stein filed for a recount in Pennsylvania Monday as she pushes for a second look at the results in several states won by Donald Trump.
“We must recount the votes so we can build trust in our election system. We need to verify the vote in this and every election so that Americans of all parties can be sure we have a fair, secure and accurate voting system,” Stein said in a statement.
Stein won fewer than 50,000 votes in Pennsylvania.
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