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Crypto Gains Momentum As IRS Abolition Hits Congressional Agenda – Bitcoinist

One of the biggest changes for cryptocurrencies may be the possible abolishment of the Internal Revenue Service. At least, that's the proposal being pushed by U.S. lawmakers. Congressman Earl “Buddy” Carter has caused controversy with his latest plan to abolish the IRS and replace the current U.S. tax code with a national sales tax. This […]

Bezos ‘very optimistic’ about Trump admin space agenda

The Department of Justice charges Apple with antitrust violations Jeff Bezos, owner of aerospace company Blue Origin, is “very optimistic” about the next White House administration, despite President-elect Trump's close relationship with SpaceX CEO Elon Musk. . Early Monday morning, Blue Origin canceled its New Glenn rocket launch from Cape Canaveral “to troubleshoot issues with […]

Senate GOP fears land mines in House could derail Trump's tax agenda

Senate Republicans fear President-elect Trump's tax plan will stall in the House due to several potential landmines, including demands by some Republicans to raise corporate taxes and remove caps on state and local tax (SALT) deductions. I am concerned that this is a possibility. The senators believe that if one or two House Republicans push […]

Trump, GOP senators wrestle over strategy for president-elect's agenda

President-elect Trump and Republican senators battled over the best strategy to move his top agenda items, including border security and tax cuts, during a two-hour meeting at the Capitol Wednesday night. He largely resisted pleas from senators to split the issue. Split into two large bills. Many Republican senators, including Senate Majority Leader John Thune […]

Freedom Caucus holds its fire on Johnson’s strategy for passing Trump agenda

Members of the conservative House Freedom Caucus say the final They continue to resist, arguing that the product is more important than the composition. The Freedom Caucus' board sent a letter to Johnson last month supporting a two-bill strategy for reconciliation, which would allow Republicans to pass Trump's priorities without Democratic votes. It is a […]