Bipartisan legislation recently introduced in the U.S. Senate would streamline tax filing and payment for individuals and small businesses. The Tax Administration Simplification Act would do three ...
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Rep. Fitzpatrick leads effort to help families afford quality child care
U.S. Rep. Brian Fitzpatrick (R-PA) introduced bipartisan legislation that seeks to help families access quality and affordable child care. The bill, the Affordable Child Care Act, would double thre...
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Reps. Reschenthaler and Titus introduce bill to repeal sports betting tax
U.S. Reps. Guy Reschenthaler (R-PA) and Dina Titus (D-NV) introduced legislation that would repeal the 0.25 percent excise tax placed on all legal sports bets, known as the “handle tax.” “The...
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Senators demand removal of Musk’s DOGE citing conflict of interest
U.S. Sens. Elizabeth Warren (D-MA) and Adam Schiff (D-CA) have demanded that Elon Musk’s Department of Government Efficiency be removed from the Consumer Financial Protection Bureau, citing Musk’s...
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Sen. Wyden leads effort to warn Trump officials about effects of IRS staffing cuts
A group of senate Democrats, led by Senate Finance Committee Ranking Member Ron Wyden (D-OR) are warning the Trump administration officials that staffing reductions at the Internal Revenue Service (IR...
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ICE sees record trading volume for bonds in 2024
Last year was a record year for trading volume for corporate bonds, municipal bonds and agencies trading on ICE Bonds, according to the Intercontinental Exchange. Specifically, trading on ICE Bonds...
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CFTC announces Brian Young to serve as Director of Enforcement
The Commodity Futures Trading Commission (CFTC) announced Brian Young will serve as the agency’s Director of Enforcement. Acting CFTC Chairman Caroline Pham announced Young had been serving in a...
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Sens. Warren, Scott call for stronger ethic policies at Fed
U.S. Sens. Elizabeth Warren (D-MA) and Rick Scott (R-FL) expressed their concerns to Federal Reserve Board Chair Jerome Powell over what they see as a lack of accountability for Federal Reserve offici...
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Financial groups commend resolutions to invalidate CFPB’s overdraft rule
A group of financial associations, including the Bank Policy Institute, applauded Congressional leaders for recent resolutions calling for the Consumer Financial Protection Bureau’s (CFPB) overdraft...
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SEC hosting annual forum in April
The Securities and Exchange Commission (SEC) will host its 44th annual Government-Business Forum on Small Business Capital Formation on April 10 at its headquarters in Washington, D.C. “The annu...
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