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IRS Acting Commissioner resigns over a controversial deal sharing taxpayer data of undocumented immigrants with ICE, sparking privacy concerns. The agreement allows ICE to access tax records, violating confidentiality laws and risking compliance. Advocates warn it undermines trust in the tax system, as critics highlight potential misuse of sensitive information.

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8 months ago | [YT] | 1

News Nuggets

In a surprising twist, President Trump has handed TikTok a lifeline, granting a second 75-day extension to negotiate a U.S. buyer and stave off a looming ban. The move, announced April 4th, 2025, defies congressional efforts to force divestment, sparking debate over presidential authority versus legislative power.




TikTok, currently operating under a partial U.S. ban since January, now faces a June 19th deadline to finalize a deal. The extension follows intense lobbying by TikTok executives, who argue a ban would silence millions of American creators and small businesses. Critics, however, slam the decision as politically motivated, accusing Trump of undermining national security concerns raised by Congress.



The stakes are global: A U.S. ban could ripple through international markets, mirroring India’s 2020 TikTok block that reshaped social media trends. Meanwhile, TikTok’s legal team scrambles to balance diplomacy with defiance, calling the extension “a step toward resolving misunderstandings”.



As the clock ticks, the question looms: Will TikTok find a buyer, or will this become another chapter in the saga of tech-driven trade wars?



#TikTokExtension #TrumpTradePolicy #SocialMediaPolitics #CongressionalOverride #2025

9 months ago | [YT] | 0