Newsom: California will act if Trump kills $7,500 EV tax credit
Under current law, consumers can get a credit up to $7,500 for a new electric, plug in hybrid or fuel cell vehicle.
What Trump’s Treasury pick means for clean energy tax credits
Scott Bessent has called the Inflation Reduction Act a “doomsday machine for the budget.” President-elect Donald Trump’s pick to head the Treasury Department puts the fate of Biden-era clean energy tax credits up in the air.
GM And Other Automakers Urge Trump To Keep EV Tax Credit
GM and other members of the Alliance for Automotive Innovation are urging Donald Trump to keep the Biden-era $7,500 EV tax credit during his second presidency.
Why Wall Street likes Trump's pick for Treasury
Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the president-elect's punishing trade agenda.
Auto industry asks Trump to keep EV tax credits
Previously, it was unclear how forcefully the industry would advocate for tax incentives under the Inflation Reduction Act.
Trump’s Treasury Pick Will Please Wall Street
The choice of hedge fund manager Scott Bessent came after a public battle among Trump supporters over who should be the new Treasury secretary.
Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury Secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts say.
Treasuries Surge On Trump's Choice Of Bessent For Treasury Secretary
After ending last Friday's trading modestly higher, treasuries showed a more substantial move to the upside during trading on Monday.
Wall Street Sees Gains Following Trump's Pick of Bessent for Treasury
U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.
Trump’s Treasury pick Bessent seen as ‘anchor of stability,’ says UBS
Financial markets appear to view President-elect Donald Trump’s pick for Treasury secretary, Scott Bessent, as “an anchor of stability and responsibility” in the incoming administration’s cabinet, according to UBS Global Wealth Management.
Inflation Reduction Act Repeal Would Hand Billions To America’s Economic Competitors
Inflation Reduction Act repeal, a target of the incoming administration, would hand $66 billion in investment to other ...
California Gov. Gavin Newsom says state will provide rebates if Trump removes tax credit for electric vehicles
California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump's incoming ...
Repeal the Inflation Reduction Act
They need to use their newfound power to repeal the so-called Inflation Reduction Act in its entirety. Democrats passed the ...
Energy Tax Laws And Guidance In The New Administration
Although the incoming Trump administration might trim some of the IRA's clean energy tax credits, most are probably here to stay.
The Boston Globe12d
How you can save money with the Inflation Reduction Act before Trump is in charge
Through the Inflation Reduction Act, the Biden administration has funneled billions of dollars toward clean ...
JD Supra4d
The Inflation Reduction Act’s Medicare Price Negotiation Program: Two Years Later
The Inflation Reduction Act (the Act) of 2022 was controversial at the time the Act was signed into law and remains so. To date, multiple ...
Inflation Reduction Act under continued attack
As the transition continues in the White House toward the swearing in of President-elect Donald Trump, policies of President Joe Biden's administration are being threatened, one of which might be the ...
California could provide electric vehicle rebates if Trump eliminates tax credit, Newsom says
California Gov. Gavin Newsom said the state could provide rebates for electric vehicle purchases if the incoming Trump ...
Florida Politics1d
Study finds end of tax credits for Obamacare could hurl millions of Americans into financial trouble
If the pending end of tax credits for the federal Inflation Reduction Act end at the conclusion of 2025, the Center on Budget ...