The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.
Category: Senate
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House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation.
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Senate Republicans Propose Key Tax Tweaks to House Bill
Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.
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G.O.P. Senators Want Fewer Cuts to Food Aid, Teeing Up a Fight with the House
Republicans whose constituents rely on nutritional assistance worry that cuts to those programs approved by the House will saddle their states with huge costs and harm low-income children.
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Senate Republicans Want to Trim Some of Trump’s Populist Tax Cuts
G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the sprawling domestic agenda bill passed by the House.
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Democrats Hate Trump’s Policy Bill, but Love Some of Its Tax Cuts
There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they make the case for enactment of their sprawling domestic legislation.
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Trump’s Pledge to Not Tax Overtime Could Become Federal Law
Once a seemingly offhand remark at a campaign rally, President Trump’s pledge to not tax overtime could become federal law.
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Josh Hawley Says He Opposes the GENIUS ACT, a Major Crypto Bill
The senator said that the GENIUS Act, as it’s written, should be struck down, fearing that it would be a “huge giveaway to Big Tech.”
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Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
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A Peach and Apple Farmer’s Uphill Quest to Feed Poor Families, and His Own
When the Trump administration slashed a successful food aid program, Austin Flamm set out to put politics aside. “Everybody needs a meal,’’ he said.