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Republican presidential candidate, former U.S. President Donald Trump speaks during his campaign rally at Sunset Park on June 09, 2024 in Las Vegas, Nevada. Donald Trump on Thursday brought up the idea of imposing an "all tariff policy" that would ultimately enable the U.S. to get rid of the income tax, sources in a private meeting with the Republican presidential candidate told CNBC. Trump in a Truth Social post later Thursday morning said there was "lots discussed, all positive" in the meeting, without providing any more details. Trump's remark about replacing income taxes with tariffs quickly drew critics. Trump was later impeached in the House for inciting the violent mob that stormed the Capitol and temporarily halted the peaceful transfer of presidential power.
Persons: Donald Trump, Trump, Joe Biden, Spokespeople, David Kamin, Catherine Rampell Organizations: Republican, CNBC, Trump, GOP, Capitol Hill Club, Washington , D.C, New York University School of Law, Washington Post, Capitol, U.S, Biden Locations: Las Vegas , Nevada, Washington ,
Andreessen Horowitz is reshuffling parts of its investment organization to sharpen its focus on artificial intelligence, according to people with knowledge of the situation. The changes will center the venture capital firm on two main themes: AI applications and AI infrastructure, the people said. The AI applications group is being headed by general partner Alex Rampell, according to the sources. General partner Martin Casado, who focuses on enterprise deals, will oversee another group investing in AI infrastructure, the people said. Do you have information about A16z or another venture firm?
Persons: Andreessen Horowitz, Alex Rampell, Rampell, Martin Casado, Margit Wennmachers, Casado, Jeff Jordan, Databricks, A16z, Pretzels, Vinod Khosla, Khosla, Ben Bergman, Melia Russell, mrussell@insider.com Organizations: US, A16z, VMware Locations: Silicon Valley, Airbnb, bbergman@insider.com
Low-income parents and babies are eligible to receive the benefit, which subsidizes food and care. If the GOP bill were passed, millions would see a benefit cut, especially to fruit and vegetable budgets. In total, according to CBPP's analysis, the $6 billion the GOP bill allocates to WIC would lead to 5.3 million children and pregnant, postpartum, or breastfeeding parents seeing their food assistance cut, or completely gone. Per the USDA, 6,260,000 people participated in WIC in fiscal year 2022; as of April 2023, there were over 6.6 million Americans participating, including nearly 1.5 million infants and 3.6 million children. The proposed cuts to WIC come after an already-precarious time for low-income Americans receiving food subsidies.
Persons: Catherine Rampell, Tonyia Canales, Canales Organizations: GOP, Service, Women, Budget, WIC, Budget Management, OMB, Washington, Congress Locations: Wall, Silicon, Texas
Salisbury's deal flow comes from a community of fintech founders he's cultivated over the years. That surprised Salisbury, the lone partner at new fintech firm Cambrian Ventures, given that he'd never met the OatFi founders before. Though, Salisbury defied the first-time fund manager's curse when he closed $20 million for his inaugural fund in June. "I want people to have gotten value in some sense before we invest, or even if we never invest," Salisbury told Insider. When Salisbury left the firm, he took a part of the brand with him.
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