How Biden Could Wind Down the Imperial Presidency

Once Biden undoes some of what Trump has done, he could leave his most indelible and important mark by rolling back that trend in American governance, ceding presidential powers back to Congress and the states, making it harder for any subsequent president to abuse the power of the office.

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Trump’s TikTok Policy Is Just a New Kind of ‘Security Theater’

After weeks of uncertainty following President Donald Trump’s executive order on TikTok—ordering its Chinese parent company to divest its American operations within 90 days—the video app that has stolen the hearts, if not the data, of millions of teens has found an American partner: Oracle.

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Listen, Here’s Why the Value of China’s Yuan Really Matters

The China-US trade conflict is taking a more severe turn. President Trump announced a 10 percent tariff on an additional $300 billion of Chinese imports; the Chinese government responded by allowing its currency, the yuan, to fall to more than 7 to the dollar—the lowest in a decade. The US government then formally labeled China a “currency manipulator,” which carries no formal penalty but sets in motion a process that might lead to sanctions by the International Monetary Fund.

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How Hidden Billions Are Making the Rich Richer

For the British journalist Oliver Bullough, the Paul Manafort trial was simply one more glimpse into a world he calls “Moneyland,” a shadow system of trillions of dollars of hidden assets that transcends nations, feeds corruption and “quietly but effectively” is “impoverishing millions, undermining democracy, helping dictators as they loot their countries.”

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