President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality.
Category: Law and Legislation
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Republicans Advance Stock-Trading Bill With Limited Restrictions
The bill would allow lawmakers to keep their existing stock and continue to sell it if they provide seven to 14 days of notice. Democrats called it a “gift to insider traders.”
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Initial Obamacare Enrollment Drops by 1.4 Million as Expiring ACA Subsidies Drive Up Premiums
That number could increase significantly as more consumers are faced with higher bills brought on by expiring premium subsidies.
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David Mitchell, Who Led Fight on Drug Prices, Dies at 75
After receiving a diagnosis of terminal cancer, he used his experience in public relations to draw attention to the skyrocketing cost of medication.
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Supreme Court Grapples With Louisiana Coastal Lawsuits Against Oil Companies
The justices heard arguments over whether oil companies sued by Louisiana could move the cases from state to federal court, a venue thought to be friendlier to corporate interests.
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Trump Says He Wants Congress to Stop Wall St. From Buying Single-Family Houses
The president said he wanted Congress to stop big investors from buying the houses, which has driven up rents and set obstacles for first-time buyers in some markets.
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Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings.
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Texas Age-Verification Law for App Stores Is Blocked, a Win for Apple and Google
A preliminary injunction in federal court cited the First Amendment, handing a win to tech companies like Apple and Google.
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Epstein Victims Ask Congress to Ensure Justice Dept. Releases All Files
More than a dozen women called for congressional hearings to ensure that the Justice Department is fully complying with the Epstein Files Transparency Act.
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Trump’s Cuts Hobbled US Labor Board, Leaving Festering Disputes and a Power Struggle
Advocates fear damage to labor protections if the Supreme Court upholds the president’s move to control federal agency staffing.