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Tuesday, December 30, 2025

Trump Is Getting Weaker, and the Resistance Is Getting Stronger

"Trump ends the year weak and unpopular, his coalition dispirited and riven by infighting." -- Michelle Goldberg

 Trump Is Getting Weaker, and the Resistance Is Getting Stronger


“The embrace of the unitary executive theory by both the president and the [Supreme Court] has given us the worst of all worlds: an ultrapowerful presidency without an actual president at the helm.”


IRS Seeks Comments on Proposed Revisions to Voluntary Disclosure Procedure

On December 22, 2025, the IRS opened a 90-day public comment period, ending March 22, 2026, for proposed updates to its Voluntary Disclosure Practice. See IRS seeks public comment on Voluntary Disclosure Practice proposal (12/22/25), here. The indicated updates are short, so I will not summarize them here.




CRS Report, Resources for Financial Market Data. R47379. 12/15/2025. Download PDF | PDF Version History. The U.S. financial system contains large and active markets for stocks, bonds, and commodities, as well as digital assets (e.g., cryptocurrencies) and other financial instruments. This report describes authoritative, open-access sources for current and historical information about major financial markets in the United States. These sources include commercial businesses, industry groups, and government agencies. This report also provides links to federal financial regulatory agencies data, selected glossaries with background information about financial markets, and related CRS products. For information on nonfinancial economic indicators, see CRS Report R43295, Resources for Key Economic Indicators, by Ben Leubsdorf and Jennifer Teefy.