President Donald Trump has gone to Iowa to kick off a year of patriotic festivities leading up to next year's 250th anniversary of American independence.

IOC president Thomas Bach says Olympic leaders are “very confident and relaxed” about working with the incoming Trump administration ahead of the 2028 Los Angeles Summer Games.

(Al Drago/Pool via AP)WASHINGTON Government watchdogs are warning that legal decisions by the Trump administration could severely limit their ability to oversee more than $1 trillion in spending related to the coronavirus pandemic. In a letter to four congressional committees, a panel of inspectors general overseeing a sweeping economic rescue law said an ambiguity in the law could block the watchdogs from conducting independent oversight. This would present potentially significant transparency and oversight issues because (the spending in question) includes over $1 trillion in funding, the letter says. The agency has only provided general information, such as the total amounts of loans awarded in a given time period. A House subcommittee overseeing the coronavirus aid demanded Monday that the Trump administration and some of the nations largest banks turn over detailed information about companies that applied for and received federal loans.