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Fatima Hussein

Fatima Hussein

The Diplomat

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Elon Musk’s DOGE reportedly wants to kill the IRS tool that makes filing free for American taxpayers

The Trump administration plans to eliminate the IRS' Direct File program, according to two people familiar with the decision.

17.04.2025 8

Fortune

Fatima Hussein

Tax season nightmare: The IRS is so understaffed from DOGE they ‘don’t have time to look at certain cases’

Taxpayers calling the IRS for help processing their taxes this filing season may find it harder than normal to get someone on the phone, experts say.

15.04.2025 10

Fortune

Fatima Hussein

IRS acting commissioner is quitting over deal to share immigrants’ tax data with ICE to help with deportation efforts

Melanie Krause will step down over the new data-sharing document signed by Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi...

09.04.2025 10

Fortune

Fatima Hussein

Trump is giving TikTok another 75-day reprieve to find a new buyer as Amazon, MrBeast, and Alexis Ohanian line up to make a deal

"My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress,” Trump posted on Truth Social.

04.04.2025 7

Fortune

Fatima Hussein

IRS’s free electronic tax filing program could get cut despite its success after Elon Musk says DOGE ‘deleted’ government tech group that created it

Musk and his cadre of computer programmers could decide to wield their tech skills to boost the program — or use the very same digital savvy to...

13.03.2025 2

Fortune

Fatima Hussein

IRS poised to consider thousands of job cuts that would hit half its workforce

A reduction in force of tens of thousands of employees would render the IRS “dysfunctional,” said John Koskinen, a former IRS commissioner.

05.03.2025 6

Fortune

Fatima Hussein

IRS plans to lay off 7,000 recently hired workers starting immediately

The layoffs affect probationary employees with roughly one year or less of service at the agency and largely include workers in compliance...

20.02.2025 70

Fortune

Fatima Hussein

After Trump claimed millions of dead people were getting social security checks, Trump’s pick to lead the agency disputes the statement

“The reported data are people in our records with a Social Security number who do not have a date of death associated with their record. These...

20.02.2025 30

Fortune

Fatima Hussein

New Social Security chief contradicts Trump’s claims that millions of dead people are getting payouts

“Maybe Twilight is real and there are a lot of vampires collecting Social Security," Elon Musk said on the topic.

20.02.2025 4

Fortune

Fatima Hussein

Social Security boss steps down over DOGE attempts to access sensitive recipient information

Acting Commissioner Michelle King's departure from the agency over the weekend was initiated after King refused to provide DOGE staffers.

18.02.2025 8

Fortune

Fatima Hussein

IRS will lay off thousands of probationary workers as soon as next week — in the middle of tax season

Jan. 27 was the official start date of the 2025 tax season, and the IRS expects more than 140 million tax returns to be filed by the April 15...

16.02.2025 6

Fortune

Fatima Hussein

Treasury watchdog begins audit of Musk DOGE team’s access to the US government’s payment system

The audit will also review the past two years of the system's transactions as it relates to Musk's assertion of “alleged fraudulent payments."

15.02.2025 40

Fortune

Fatima Hussein

DOGE access to U.S. finances risks loss of American credibility that ‘will prove difficult to regain’, former Treasury secretaries warn

They warn about the risks of “arbitrary and capricious political control of federal payments, which would be unlawful and corrosive to our democracy.”

11.02.2025 8

Fortune

Fatima Hussein

DOGE was given the job of stopping Treasury payments to USAID, sources say

DOGE’s efforts to stop USAID payments undermine assurances that it only had “read-only access” to the system as part of an audit process.

07.02.2025 30

Fortune

Fatima Hussein

Trump’s DOJ dumps Biden-era task force dedicated to seizing assets of Russian oligarchs

The department also ended the Foreign Influence Task Force, which was established in the first Trump administration to police influence campaigns...

07.02.2025 20

Fortune

Fatima Hussein

Elon Musk’s DOGE gains access to sensitive Treasury data, including Social Security and Medicare payment systems

The move by DOGE means it could have wide leeway to access important taxpayer data, among other things.

02.02.2025 100

Fortune

Fatima Hussein

Billionaire hedge fund manager Scott Bessent confirmed as Treasury secretary

Bessent pledged to sell his hedge fund stake within 90 days of confirmation.

28.01.2025 20

Fortune

Fatima Hussein

The two steel giants Biden blocked from merging are now suing the federal government after it killed their $15 billion deal

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations, and vowed not to reduce production capacity in...

06.01.2025 10

Fortune

Fatima Hussein

Steelworkers president praises Biden for blocking $15 billion proposal to surrender U.S. Steel to a Japanese company: ‘Nippon has proven itself to be a serial trade cheater’

“Allowing it to purchase U.S. Steel would have offered it the opportunity to further destabilize our trade system from within," said David McCall.

03.01.2025 10

Fortune

Fatima Hussein

Trump names Charles Kushner, pardoned real estate mogul and father of his son-in-law, as US ambassador to France

The elder Kushner was pardoned by Trump in December 2020 after pleading guilty years earlier to tax evasion and making illegal campaign donations.

01.12.2024 20

Fortune

Fatima Hussein

Trump threatens 100% tariff on the BRIC nations if they act to undermine US dollar

Members of the BRIC alliance and other developing nations say they are fed up with America’s dominance of the global financial system.

01.12.2024 4

Fortune

Fatima Hussein

Connecticut Democratic lawmakers say they received Thanksgiving bomb threats against their homes

Sen. Chris Murphy and Reps. Jim Himes, Joe Courtney, John Larson and Jahana Hayes all reported being the subject of such threats.

29.11.2024 5

Fortune

Fatima Hussein

Trump claims Mexico’s president agreed to ‘stop migration’—but she suggests Mexico was already doing its part

President-elect Donald Trump declared a win on stopping illegal immigration through Mexico on Wednesday after talking with that country’s leader.

28.11.2024 5

Fortune

Fatima Hussein

Trump taps 2 veterans of his first administration for trade representative and Economic Council head

Trump announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the...

27.11.2024 5

Fortune

Fatima Hussein

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

Bessent, 62, is the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If...

23.11.2024 4

Fortune

Fatima Hussein

Trump taps Dr. Oz, a heart surgeon famous for appearing on Oprah’s show who was later criticized for pushing fad diets, to lead Medicare and Medicaid Services

Dr. Mehmet Oz hosted "The Dr. Oz Show," which focused on health and wellness advice and won nine Daytime Emmy Awards.

20.11.2024 4

Fortune

Fatima Hussein

Trump taps Dr. Oz, a heart surgeon famous for appearing on Oprah’s show who was later criticized for pushing fad diets, to lead Medicare and Medicaid Services

Dr. Mehmet Oz hosted "The Dr. Oz Show," which focused on health and wellness advice and won nine Daytime Emmy Awards.

20.11.2024 6

Fortune

Fatima Hussein

Young women lean Democratic. Harris’s election chances this year may depend on her ability to run up the score

This year's election could see a historic gender gap as Harris tries to become the country's first female president and the fight over abortion...

23.10.2024 7

Fortune

Fatima Hussein

Yellen says world was ‘worse off’ under Trump-era isolationism

Yellen opened the IMF and World Bank annual meetings by highlighting U.S. economic growth since the nation was in the grips of the COVID-19...

22.10.2024 3

Fortune

Fatima Hussein

Data shows migrants aren’t taking jobs from Black or Hispanic people, despite what Trump says

Government data show immigrant labor contributes to economic growth and provides promotional opportunities for native-born workers.

12.10.2024 20

Fortune

Fatima Hussein

Retirees will get $50 more from Social Security every month starting next year—but that’s a drop in the bucket compared to years past

Over 70 million people receive Social Security benefits.

10.10.2024 10

Fortune

Fatima Hussein

Donald Trump introduced new cryptocurrency venture without offering any details—but did discuss apparent assassination attempt

Republican presidential nominee Donald Trump on Monday launched his family's cryptocurrency venture, World Liberty Financial.

17.09.2024 3

Fortune

Fatima Hussein

Treasury Secretary Yellen says ending Biden IRA tax incentives would be ‘historic mistake’ for states like North Carolina

North Carolina has emerged as a key battleground this election cycle between Republican former President Donald Trump and Democratic Vice...

05.09.2024 9

Fortune

Fatima Hussein

U.S. government plans to make it easier to unsubscribe from unwanted memberships and recurring payment services

A broad new government initiative, dubbed “Time Is Money," includes a rollout of new regulations and the promise of more for industries spanning...

12.08.2024 10

Fortune

Fatima Hussein

U.S. slaps Mexican accountants with sanctions for timeshare scams funneling money to one of the world’s most notorious drug cartels

The Jalisco New Generation Cartel is run by "El Mencho," one of the most-wanted men in both the U.S. and Mexico.

16.07.2024 3

Fortune

Fatima Hussein