U.S. Sens. Pat Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill that would exempt small personal transactions that use virtual currencies for goods and services from taxation. The Virtual ...
Read More
U.S. Reps. Eleanor Holmes Norton (D-DC) and Abigail Spanberger (D-VA) are asking the Government Accountability Office to examine the new Thrift Savings Plan (TSP) online system after hearing complaint...
Read More
The Food Industry Association said 207 organizations support the Pharmacy Benefit Manager (PBM) Transparency Act (S. 4293), which empowers the Federal Trade Commission (FTC) to increase drug pricing t...
Read More
Department of Justice officials have detailed the guilty plea of the Titanium Blockchain Infrastructure Services (TBIS) CEO for his role in a cryptocurrency fraud scheme involving an initial coin offe...
Read More
U.S. Rep. Scott Fitzgerald (R-WI) has introduced a bill that seeks to restore Consumer Financial Protection Bureau (CFPB) small business accountability. The Making the CFPB Accountable to Small Bus...
Read More
U.S. Sens. Mike Braun (R-IN) and Rick Scott (R-FL) introduced legislation requiring the administration to publish the inflationary impact of executive actions before enacting them. Specifically, th...
Read More
The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) analyzed the impact on the federal deficit if a proposal to make permanent the enhanced premium tax credit structure is ...
Read More
A group of Democratic U.S. senators recently called on the Consumer Financial Protection Bureau (CFPB) to update its rules for fraud on peer-to-peer digital payment networks like Zelle. In 2020, ...
Read More
The Securities and Exchange Commission (SEC) has detailed insider trading charges against three individuals. The SEC indicated the charges are against a former Coinbase product manager, his brother...
Read More
A group of U.S. senators is seeking information from the Internal Revenue Service (IRS) about the unprocessed tax return backlog. “We write to express our concern about the unprocessed tax ret...
Read More