Latest George Soros News

Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts

Jan. 27, 2025 20:14 PM EST

WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth. ...

The Latest: Justice Department fires over a dozen employees who helped prosecute Trump

Jan. 27, 2025 19:53 PM EST

Defense Secretary Pete Hegseth’s first day at the Pentagon is expected to include an array of executive orders, including “removing DEI inside the Pentagon, reinstating troops who were pushed out because of Covid mandates” and an “Iron Dome for America.” Meanwhile, JD Vance...

Who's the guy handing Trump those binders of executive orders? Meet Will Scharf

Jan. 24, 2025 12:36 PM EST

WASHINGTON (AP) — Those binders full of executive orders that President Donald Trump has been signing with a flourish and a wide-tipped Sharpie during his first week in office don't just magically appear before him. White House staff secretary Will Scharf has been a prominent part...

Trump, a populist president, is flanked by tech billionaires at his inauguration

Jan. 20, 2025 22:04 PM EST

NEW YORK (AP) — Some of the most exclusive seats at President Donald Trump’s inauguration on Monday were reserved for powerful tech CEOs who also happen to be among the world’s richest men. That's a shift from tradition, especially for a president who has characterized himself...

Progressives are frustrated by Biden's final-days warning of billionaire influence

Jan. 17, 2025 07:13 AM EST

NEW YORK (AP) — The Democratic Party's left wing has warned for decades that America is moving toward an oligarchy in which a handful of billionaires controls much of the nation's wealth and political power. President Joe Biden elevated such concerns from the Oval Office for the...

As Biden warns of an 'oligarchy,' Trump will be flanked by tech billionaires at his inauguration

Jan. 16, 2025 20:04 PM EST

President Joe Biden's pointed warning about the U.S. becoming an “ oligarchy ” of tech billionaires will be illustrated at Donald Trump's inauguration, when the world's three richest men will sit on the dais as Trump is sworn in for a second term. Elon Musk, the world's...

Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel

Jan. 16, 2025 15:30 PM EST

WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut. And in turn, Bessent...

Hillary Clinton, George Soros and Denzel Washington received the highest US civilian honor

Jan. 04, 2025 18:36 PM EST

WASHINGTON (AP) — In the East Room of the White House on a particularly frigid Saturday afternoon, President Joe Biden bestowed the Presidential Medal of Freedom to 19 of the most famous names in politics, sports, entertainment, civil rights, LGBTQ+ advocacy and science. Former...