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Erdogan Hopeful Trump Will Relax US Defense Sanctions on Turkey

Erdogan Hopeful Trump Will Relax US Defense Sanctions on Turkey

Bloomberg17-05-2025

Turkish President Recep Tayyip Erdogan looks for Washington to ease defense sanctions on his country as ties warm up between the NATO allies under the new US administration.
'We can comfortably say that there is a softening in CAATSA,' Erdogan told reporters on the flight back to Turkey from Albania, where he attended the European Political Community summit in Tirana on Friday.

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The Millers: Washington power couple straddles Trump-Musk feud
The Millers: Washington power couple straddles Trump-Musk feud

Yahoo

timean hour ago

  • Yahoo

The Millers: Washington power couple straddles Trump-Musk feud

They're the Washington couple at the center of power in the Trump administration. They're also straddling opposing sides of an explosive breakup between President Donald Trump and billionaire Elon Musk. CNN reported last week that Katie Miller, the wife of Stephen Miller, Trump's deputy chief of staff, would be departing her senior role at the White House as a top spokesperson and adviser for Elon Musk's Department of Government Efficiency. She was on her way to work for Musk as he went back to running his companies, helping the tech titan manage and arrange interviews unrelated to his time in government. But days later, amid the smoldering ruin of Musk and Trump's epic meltdown on Thursday over social media, that job suddenly took on a whole new layer. Among the attacks both men lobbed at each other was Musk endorsing the possibility of impeaching Trump and installing Vice President JD Vance in his place. Trump, in turn, raised the possibility of terminating federal contracts for Musk's companies. The episode has left the Millers on conflicting sides of the biggest breakup of Trump's second term, spawning gossip among White House aides and rounds of speculation about how the fallout could impact the political fortunes of one of the most powerful couples in Trump's Washington, where loyalty reigns. 'Everyone is talking about it,' a former Trump staffer told CNN. Katie Miller was in Texas last week for the series of interviews Musk held with space and technology journalists as SpaceX's Starship had its ninth test flight. It was there that Musk first delicately expressed he was 'disappointed' in the Republican's domestic policy bill in an interview with CBS News. Her X account is now a steady stream of laudatory posts about Musk and his companies, with a banner photo of a SpaceX rocket launching into space and a biography that says, 'wife of @stephenm.' Her only social media post on Friday was a reply with laughing emojis to an altered photo of her husband as a Home Depot employee attached to a post about immigration raids on the chain's stores. One former colleague told CNN that she will ultimately need to make a choice. 'She has a choice between Elon and Trump, but it can't be both,' the administration official said. Musk unfollowed Stephen Miller on X on Thursday, although both Millers continued following Musk on the platform into Friday. There are divided views on how the situation will impact Stephen Miller's ascendance. Among Trump's closest advisers, many believe he is surpassed in power only by Chief of Staff Susie Wiles, fueling speculation among some over whether he could take over should Wiles decide to move on. 'This whole thing will definitely make that more complicated,' one senior White House official told CNN. 'Katie being paid by Elon is not good for Stephen.' Another senior White House official strongly pushed back on the idea that this episode with Musk would impact Miller in any way with the President. 'Next to Susie, Trump trusts and relies on Stephen the most,' the official said, adding that the President and top brass were understanding that his wife working for Musk had nothing to do with Stephen or the current state of events. Katie Miller declined to comment for this story. Deeply connected and influential in Republican circles and at the highest levels of government, Stephen Miller and Katie Miller (née Waldman) met during Trump's first term in 2018. He was a senior adviser and speechwriter at the White House; she was on the Department of Homeland Security's public affairs team and on her way to becoming then-Vice President Mike Pence's communications director. He developed a reputation as the architect of some of the administration's most hardline immigration policies, becoming an influential and trusted aide in the Trump orbit. She developed her own reputation as a staunch supporter of those policies, once reflecting on a trip to the US-Mexico border as the administration came under fire for its child separation policy. 'My family and colleagues told me that when I have kids I'll think about the separations differently. But I don't think so … DHS sent me to the border to see the separations for myself — to try to make me more compassionate — but it didn't work,' Miller told NBC News journalist Jacob Soboroff in an interview for his book, 'Separated.' The pair married at Trump's Washington, DC, hotel in February 2020. Trump attended the wedding. In the four years after Trump left office, both set their sights on a Trump return to the White House. Stephen Miller launched a conservative nonprofit group, America First Legal Foundation, that served in part as a prelude to the policy of Trump's second term. Katie Miller headed to the private sector, where she consulted a number of major companies, including Apple. They were also raising three young children. Stephen Miller returned to the White House in January with a vast mandate, deeply involved in many of the president's signature policy initiatives and further empowered from the first term. Katie Miller joined the administration as well, working on behalf of DOGE and Musk, who had become a new figure in the Trump orbit after being an active campaign surrogate and 2024 megadonor. Like Musk, Katie Miller was working at the White House as a 'Special Government Employee,' which limits the number of days one can work within the administration. As their professional lives intertwined, the couple also became personally close with Musk, socializing outside of work. In the heat of the Thursday afternoon social media showdown, Stephen Miller had been scheduled to appear on Larry Kudlow's show on Fox Business Network – an appearance that was canceled. 'We lost Mr. Miller to a meeting in the Oval Office. Perfectly understandable. When I was in government, it would happen all the time. We'd have to kill a TV show. You're at the president's beck and call,' Kudlow said during his eponymous broadcast. This is not the first time Trump has divided a marital relationship. During his first term, Trump lashed out at the husband of one of his top advisers, Kellyanne Conway. Her husband, George Conway, had been intensely critical of Trump on social media. 'He's a whack job. There's no question about it. But I really don't know him,' Trump said at the time of George Conway. 'I think he's doing a tremendous disservice to a wonderful wife.' In 2023, the couple announced they were filing for divorce. George Conway, a prolific user of Musk's X platform and ardent anti-Trump figure, posted dozens of times about the Trump-Musk spat. 'Does anyone have any updates on Katie Miller?' he asked Thursday evening.

The changes coming to Trump's 'big beautiful bill have little to do with Elon Musk
The changes coming to Trump's 'big beautiful bill have little to do with Elon Musk

Yahoo

timean hour ago

  • Yahoo

The changes coming to Trump's 'big beautiful bill have little to do with Elon Musk

Washington was on two parallel tracks this past week when discussing President Trump's "big, beautiful bill." On one front: The nation's capital was transfixed by a seismic fight between Elon Musk and President Trump, centered on the cost of the $3 trillion tax and spending bill. On another front: Republican leaders steadily advanced the pricey package with only a few changes apparently on offer. "Pedal to the metal," Senate Majority Leader John Thune offered in a speech Thursday near the height of the Musk drama — ignoring promises from the world's richest man to oust lawmakers who didn't join his effort to kill the bill. Republicans instead appeared to move closer to passage. They previewed changes that will be of interest to taxpayers and businesses, but with little to fulsomely address the critique from Musk and others around the package's price tag. In spite of Musk's campaign and multiple government and independent analyses that found at least $2.4 trillion in new red ink, Thune dismissed Musk this week by saying "we're a long ways down this track" and that his party is "rowing in the same direction." Thune may be overstating things a touch, with a vocal group of fiscal conservatives emboldened by Musk suggesting they will vote no. But Republican leaders from the president on down echoed Thune's position throughout the week. Stifel's Brian Gardner offered a bottom line in a note this past week, suggesting the fighting "makes for great TV and fodder ... but it is unlikely to fundamentally change the composition of the tax bill." "Musk's sway among Republican voters is limited," he added. The week saw a flurry of negotiations over changes to the House package, but, perhaps Washington being Washington, even the cost-saving changes appear to have been immediately spoken for. A meeting on Wednesday with the president, Thune, and members of the Senate Finance Committee ended with a focus on two changes. The first could save significant money by paring back a $40,000 tax deduction in the House bill for state and local taxes (SALT). Any changes there will face fierce opposition when the bill returns to the House, but the Washington Post reported this week that Trump has even indicated he is willing to lower the deduction. But any savings there may be quickly eaten up by the second bit of news this week, which concerns making some business tax incentives permanent. These tax deductions to businesses involve property depreciation, interest expenses, and R&D and are currently temporary in the House package. But an array of key Senators are keen to make them permanent (and more expensive). It's still a matter of some debate, with some hawks like Sen. Ron Johnson of Wisconsin having told reporters he is looking to keep those tax breaks temporary and that Trump isn't sold. Johnson had emerged as a fierce critic of the package over spending and is also threatening to reform or break the package into different parts. He would need at least three Republican senators to join him and stand up to what is expected to be a fierce White House pressure campaign. Another key business-world change in the offing that emerged this week involves a provision that says no state may make its own law to regulate artificial intelligence in the coming decade. The need for changes there became evident when Rep. Marjorie Taylor Greene of Georgia acknowledged she hadn't been aware of the provision when she voted yes in the House, but that she would flip to no if it stayed in place. Those proposed revision — seen this week as part of a larger spectrum package released by the Senate Commerce Committee — would change the House plan for a 10-year outright ban to a system that blocks some federal broadband funding if a state passes certain AI laws. Tech companies will be watching those developments closely, but they're not expected to have much impact on the bill's price tag. Another possible change could actually push up the price tag, with a growing debate around changes in the House bill to Section 899 of the IRS code, focused on what Republicans call "discriminatory foreign countries." The provision would allow the president to impose new taxes to combat the practices. Removing that change could cut into future government revenues, allowing the president to levy fewer taxes as a result. Other changes could also be coming that might increase the price tag, with some senators still concerned that current cost-saving measures go too far. Sen. Josh Hawley of Missouri has been outspoken on one of the key changes around limiting Medicaid benefits, writing in a recent New York Times op-ed that cuts will hurt the working class and that the core of the issue is "will Republicans be a majority party of working people or a permanent minority speaking only for the C-suite?" Ben Werschkul is a Washington correspondent for Yahoo Finance. Click here for political news related to business and money policies that will shape tomorrow's stock prices

The Millers: Washington power couple straddles Trump-Musk feud
The Millers: Washington power couple straddles Trump-Musk feud

CNN

time2 hours ago

  • CNN

The Millers: Washington power couple straddles Trump-Musk feud

They're the Washington couple at the center of power in the Trump administration. They're also straddling opposing sides of an explosive breakup between President Donald Trump and billionaire Elon Musk. CNN reported last week that Katie Miller, the wife of Stephen Miller, Trump's deputy chief of staff, would be departing her senior role at the White House as a top spokesperson and adviser for Elon Musk's Department of Government Efficiency. She was on her way to work for Musk as he went back to running his companies, helping the tech titan manage and arrange interviews unrelated to his time in government. But days later, amid the smoldering ruin of Musk and Trump's epic meltdown on Thursday over social media, that job suddenly took on a whole new layer. Among the attacks both men lobbed at each other was Musk endorsing the possibility of impeaching Trump and installing Vice President JD Vance in his place. Trump, in turn, raised the possibility of terminating federal contracts for Musk's companies. The episode has left the Millers on conflicting sides of the biggest breakup of Trump's second term, spawning gossip among White House aides and rounds of speculation about how the fallout could impact the political fortunes of one of the most powerful couples in Trump's Washington, where loyalty reigns. 'Everyone is talking about it,' a former Trump staffer told CNN. Katie Miller was in Texas last week for the series of interviews Musk held with space and technology journalists as SpaceX's Starship had its ninth test flight. It was there that Musk first delicately expressed he was 'disappointed' in the Republican's domestic policy bill in an interview with CBS News. Her X account is now a steady stream of laudatory posts about Musk and his companies, with a banner photo of a SpaceX rocket launching into space and a biography that says, 'wife of @stephenm.' Her only social media post on Friday was a reply with laughing emojis to an altered photo of her husband as a Home Depot employee attached to a post about immigration raids on the chain's stores. One former colleague told CNN that she will ultimately need to make a choice. 'She has a choice between Elon and Trump, but it can't be both,' the administration official said. Musk unfollowed Stephen Miller on X on Thursday, although both Millers continued following Musk on the platform into Friday. There are divided views on how the situation will impact Stephen Miller's ascendance. Among Trump's closest advisers, many believe he is surpassed in power only by Chief of Staff Susie Wiles, fueling speculation among some over whether he could take over should Wiles decide to move on. 'This whole thing will definitely make that more complicated,' one senior White House official told CNN. 'Katie being paid by Elon is not good for Stephen.' Another senior White House official strongly pushed back on the idea that this episode with Musk would impact Miller in any way with the President. 'Next to Susie, Trump trusts and relies on Stephen the most,' the official said, adding that the President and top brass were understanding that his wife working for Musk had nothing to do with Stephen or the current state of events. Katie Miller declined to comment for this story. Deeply connected and influential in Republican circles and at the highest levels of government, Stephen Miller and Katie Miller (née Waldman) met during Trump's first term in 2018. He was a senior adviser and speechwriter at the White House; she was on the Department of Homeland Security's public affairs team and on her way to becoming then-Vice President Mike Pence's communications director. He developed a reputation as the architect of some of the administration's most hardline immigration policies, becoming an influential and trusted aide in the Trump orbit. She developed her own reputation as a staunch supporter of those policies, once reflecting on a trip to the US-Mexico border as the administration came under fire for its child separation policy. 'My family and colleagues told me that when I have kids I'll think about the separations differently. But I don't think so … DHS sent me to the border to see the separations for myself — to try to make me more compassionate — but it didn't work,' Miller told NBC News journalist Jacob Soboroff in an interview for his book, 'Separated.' The pair married at Trump's Washington, DC, hotel in February 2020. Trump attended the wedding. In the four years after Trump left office, both set their sights on a Trump return to the White House. Stephen Miller launched a conservative nonprofit group, America First Legal Foundation, that served in part as a prelude to the policy of Trump's second term. Katie Miller headed to the private sector, where she consulted a number of major companies, including Apple. They were also raising three young children. Stephen Miller returned to the White House in January with a vast mandate, deeply involved in many of the president's signature policy initiatives and further empowered from the first term. Katie Miller joined the administration as well, working on behalf of DOGE and Musk, who had become a new figure in the Trump orbit after being an active campaign surrogate and 2024 megadonor. Like Musk, Katie Miller was working at the White House as a 'Special Government Employee,' which limits the number of days one can work within the administration. As their professional lives intertwined, the couple also became personally close with Musk, socializing outside of work. In the heat of the Thursday afternoon social media showdown, Stephen Miller had been scheduled to appear on Larry Kudlow's show on Fox Business Network – an appearance that was canceled. 'We lost Mr. Miller to a meeting in the Oval Office. Perfectly understandable. When I was in government, it would happen all the time. We'd have to kill a TV show. You're at the president's beck and call,' Kudlow said during his eponymous broadcast. This is not the first time Trump has divided a marital relationship. During his first term, Trump lashed out at the husband of one of his top advisers, Kellyanne Conway. Her husband, George Conway, had been intensely critical of Trump on social media. 'He's a whack job. There's no question about it. But I really don't know him,' Trump said at the time of George Conway. 'I think he's doing a tremendous disservice to a wonderful wife.' In 2023, the couple announced they were filing for divorce. George Conway, a prolific user of Musk's X platform and ardent anti-Trump figure, posted dozens of times about the Trump-Musk spat. 'Does anyone have any updates on Katie Miller?' he asked Thursday evening.

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