Daily News Roundup: Trump Administration May Bypass Congress to Grant Big Tax Cut for the Rich

The Treasury Department is looking into whether to use regulatory powers to let taxpayers adjust the initial value of an asset based on inflation. In other articles, a charity with a troubling track record has become the largest provider of foster homes for unaccompanied minors; a report by the British parliament says the aid sector is guilty of “complacency verging on complicity” in the sex-abuse scandal; and much more about where tech titans are giving, other big philanthropy, and news.

from The Chronicle of Philanthropy https://www.philanthropy.com/article/Daily-News-Roundup-Trump/244098

Daily News Roundup: Catholic Cardinal Resigns Amid Sex-Abuse Allegations

Pope Francis has effectively taken away Theodore McCarrick’s title even before church officials have investigated the accusations. In other articles, Cleveland Orchestra concertmaster William Preucil has been suspended amid sexual-misconduct allegations; last year’s tax-cut law included an act that allows rich investors and businesses to erase their tax obligations by pouring big sums into poor communities; plus other articles on donor-advised funds, conductor salaries, and much more.

from The Chronicle of Philanthropy https://www.philanthropy.com/article/Daily-News-Roundup-Catholic/244088

Daily News Roundup: Sexual Harassment Is Rife Among Classical Musicians

More than 50 artists share their ordeals with harassment and assault at all levels of the profession — occurring in dressing rooms, during one-on-one lessons, and even in the wings during performances. In other articles, Catholic hospitals are shaping health care in rural America; an HIV program Trump aims to cut wins high praise from researchers and health officials; and more articles about giving and other news.

from The Chronicle of Philanthropy https://www.philanthropy.com/article/Daily-News-Roundup-Sexual/244062