U.S. Sen. Sheldon Whitehouse (D-RI) and U.S. Rep. Judy Chu (D-CA) introduced legislation that would close a tax loophole that allows individuals to avoid capital gains taxes on assets donated to dark ...
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U.S. Reps. Patrick McHenry (R-NC) and Andy Barr (R-KY) voiced their concerns about the relationship of some Federal Reserve Banks with global organizations. The two lawmakers sent letters to Feder...
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A group of Republican House leaders expressed concerns with the Federal Deposit Insurance Corporation (FDIC) over what they perceive as a lack of engagement with the public on financial technology and...
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On Thursday, U.S. Rep. Troy Balderson (R-OH) and U.S. Sen. Eric Schmitt (R-MO) introduced a resolution disapproving of the U.S. Treasury Department’s use of COVID recovery funds. Balderson and S...
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The U.S. House of Representatives passed the Tax Relief for American Families and Workers Act this week by a margin of 357-70. The bipartisan bill, H.R. 7024, includes $600 billion of tax incentiv...
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U.S. Sens. Deb Fischer (R-NE) and Angus King (I-ME) are sponsoring a bill in the U.S. Senate that would make the Paid Family and Medical Leave (PFML) Employer Tax Credit permanent. Their bill, the ...
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U.S. Rep. Maxine Waters (D-CA) voiced her concern about five trademark applications by Meta Platform related to digital assets services and blockchain technology. Waters, the ranking member on the ...
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According to a new survey from RSM US LLP, in conjunction with the U.S. Chamber of Commerce, two thirds of middle market companies expect to increase hiring levels this year, a record high since 2015....
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U.S. Rep. Brad Sherman (D-CA) released a draft of legislation that would exclude investments in China, Russia, Belarus, and Iran from eligibility for lower capital gains tax rates. Sherman’s No ...
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U.S. Rep. Zach Nunn (R-IA) and U. S. Sen. Jerry Moran (R-KS) are leading an effort to caution federal regulators on how they believe the new proposed capital requirements on banks would impact the agr...
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