Politico: ‘Glaring red flag’: Treasury DOGE team discloses bank stock holdings

The Trump administration official overseeing the Treasury Department’s massive financial operations reported owning stock in many of the large banks and companies that do business with the department, according to disclosures obtained by POLITICO.

Tom Krause, who is also the lead official for Treasury’s DOGE team, reported hundreds of thousands of dollars’ worth of shares in a wide range of financial companies, including those that provide services to the unit Krause oversees.

He and two other Treasury DOGE team members — Todd Newnam and Linda Whitridge— also reported owning shares of Intuit, the parent company of TurboTax, which has lobbied heavily against IRS Direct File, a program targeted for elimination by Elon Musk and DOGE.

&c.

Who cares about a little conflict of interest when you’re working for the Grifter-in-Chief?

https://www.politico.com/news/2025/05/14/treasury-doge-disclosures-bank-stocks-00347972

Business Insider: UPS says it is cutting 20,000 staff and shuttering over 70 facilities

  • UPS said it would cut 20,000 jobs this year as it overhauls its US network to boost efficiency.
  • The shipping giant plans to shutter 73 facilities and save $3.5 billion as demand remains soft.
  • The cuts are linked to the “changing trade environment,” UPS CEO Carol Tomé said.

UPS plans to slash 20,000 jobs this year as part of a cost-cutting drive amid the shifting global trade landscape triggered by President Donald Trump’s tariffs.

Thank you, sir, King Donald! Please, sir, may I have another?

https://www.msn.com/en-us/money/companies/ar-AA1DRpsL