Biden endorses congressional stock trading ban
In a new interview released Tuesday, President Biden laid out his position on a hot-button issue in recent years, saying members of Congress should be banned from stock trading. “I don't know how you can look into the eyes of voters and know that because the jobs they gave you gave you an inside track […]
Hawley pitches massive increase to child tax credit
Sen. Josh Hawley (R-Missouri) is proposing a major expansion of the Child Tax Credit (CTC), and is at odds with budget hardliners as Republican lawmakers work toward a tax priority bill. Setting up a potential battle. Hawley wants to increase the CTC from $2,000 to a maximum of $5,000 per child. According to Axiosfirst reported […]
Government funding bill will run through March, include $100B in disaster aid
Some of the bipartisan efforts to prevent a government shutdown during the holiday season are starting to come into focus, including a March end date and $100 billion in disaster relief. Republican leaders briefed Republicans Tuesday morning on some of the details of the upcoming bill. The contents of the bill have not yet been […]
Peter Navarro: Let Trump 'do his thing' with China 'to get the best deals for America'
Peter Navarro, former and incoming White House trade adviser to President-elect Trump, said Trump's “favorite'' approach to building relationships with China and other foreign actors helped him get the best deal for the United States. He said the best thing to do is to let them do so. Navarro, a prominent China critic, said in […]
Tax lobbyists worry border bill could derail reform efforts
Tax lobbyists worry that long-awaited tax reform could be in jeopardy if Congress uses the first settlement to boost funding for immigration and border security. The tax cuts signed into law by President-elect Trump in 2017 will expire at the end of next year. Lobbyists already believe that passing tax reform is likely to take […]
Bud Light no longer the best-selling draft beer at bars, data suggests
New data shows Bud Light is no longer at the top of American taprooms, at least when it comes to the most popular draft beers served in bars across the country. draft line technologyMichelob Ultra, a company that provides software for beverage distributors, is part of Anheuser-Busch InBev like Bud Light. A recent report revealed […]
Bottom Line: Toy group taps Trump alum for tariff fight
trade toy association hired ballad partners Lobbying and providing advice on customs duties. Retailers are concerned as President-elect Donald Trump threatens to impose a wide range of tariffs, including punitive tariffs against both enemies and allies, particularly China. One of the account's lobbyists is Hunter Morgen, a former special assistant to the president and senior […]
Ozy Media founder Carlos Watson sentenced to 10 years
Carlos Watson, the founder of defunct digital media company Ozzie Media, was sentenced to 10 years in prison for lying to investors about the financial status of his startup. Mr. Watson's 116 months imprisonment He was sentenced Monday in Brooklyn federal court on charges of conspiracy to commit securities fraud, conspiracy to commit wire fraud, […]
Lawmakers signal movement toward government funding deal
Republican leaders are hinting at progress in government funding negotiations as leaders try to finalize a deal ahead of Friday's looming deadline. House Appropriations Chairman Tom Cole, R-Okla., told reporters Monday that “the gap is narrowing” between the sides as they try to rush through the last major funding deal in a divided Congress. said. […]
Senate report accuses Amazon of manipulating worker injury data
A Senate Democratic report released Monday accused Amazon of manipulating data on worker injuries and ignoring workplace concerns. reportA report released Sunday by Sen. Bernie Sanders, R-Vt., chairman of the Senate Health, Education, Labor, and Pensions Committee (HELP), examines whether Amazon makes its warehouses safer than they actually are. He claimed that the data was […]