U.S. Sen. Joni Ernst (R-IA) has introduced legislation that seeks to limit the total amount of national debt owed to foreign governments, entities, and individuals. Her bill, the National Debt is ...
Read More
U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, outlined tax policies he is developing to hold Russia accountable for its invasion of Ukraine. One of the measures Wyden is develo...
Read More
U.S. Sen. Pat Toomey (R-PA) has forwarded correspondence to Export-Import Bank of the United States (EXIM) officials, expressing concerns regarding EXIM's Domestic Financing Program proposal. Toome...
Read More
The Internal Revenue Service (IRS) has laid out a plan to end the large pandemic backlog of unprocessed tax returns. The biggest part of the plan is to hire 10,000 new IRS employees to tackle the ...
Read More
In the wake of the House of Representatives passing the $1.5 trillion omnibus spending bill, the House Committee on Financial Services touted several provisions included in the measure. The omnib...
Read More
U.S. Sen. Marsha Blackburn (R-TN) is among a group of senators who introduced legislation that would require new standards and guidelines for Chinaʻs digital currency, the digital yuan. Blackburn...
Read More
The U.S. Securities and Exchange Commission (SEC) has proposed rule changes designed to enhance and standardize disclosures for cybersecurity risk management by public companies. The proposed amend...
Read More
The National Association of Federally-Insured Credit Unions (NAFCU) recently applauded Congressional inclusion of the Credit Union Governance Modernization Act (CUGMA) in the fiscal omnibus spending b...
Read More
Members of Congress generally responded favorably to President Joe Biden’s executive order on cryptocurrencies issued Wednesday. U.S. Sen. Sherrod Brown (D-OH), chairman of the Senate Committee ...
Read More
The White House announced Wednesday that President Joe Biden signed an executive order directing the federal government to look into cryptocurrencies and how to regulate the industry. According to...
Read More