Trump floats creating ‘external revenue service’ for tariffs

Well the confirmation process for Trump 2.0's cabinet members has begun, and a clown car filled with barely-functioning senators have already made their presence felt. We will listen to a few clips from that, pick through some other news up front, including the comment Donald Trump made about the need for an External Revenue Service which has made many people hope that this will be the thing that replaces the IRS. Insurance Insider, Chris Hamilton, returns for a brief follow up to the now forgotten December assassination of Brian Thompson, and to make a congressional wish list for industry reform in the coming years. Our second half guest is Scott Mulvaney, and he is a veteran fireman who comes with years of experience combatting blazes in the wilderness.

President-elect Donald Trump plans to create the External Revenue Service to collect tariffs and revenues from foreign countries, aiming to reduce national debt...