Central bank members meet Wednesday. The two-day policy meeting of the Federal Reserve will meet Tuesday and Wednesday. Among their major considerations are the strains that have come…
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President Vetoes Bill on ESG Investing
The legislation would have reversed the Labor Department rule. “I just vetoed my first bill,” President Biden announced Monday. The Labor Department had previously issued a rule allowing…
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Fee-Free Family Seating Proposed for Airlines
The transportation secretary wrote to Congress regarding updates to FAA Act. U.S. Transportation Secretary Pete Buttigieg wrote to members of Congress proposing an amendment to part of the…
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President Biden Seeks Tougher Penalties on Execs of Failed Banks
He wants Congress to levy legal and monetary penalties. President Biden has urged federal legislators to pass legislation for regulators that would hold the executives of failed banks…
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Offshore Energy Company Called Out by Congressman
Officials refused to testify about the impact of offshore wind farms on wildlife and the environment. Representative Jeff Van Drew of New Jersey said a “green-energy” giant company…
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Supreme Court Asks for More Security Funding
There are ongoing threats against justices and families. Congress has received a request from the Supreme Court for additional funding of $12.4 million to better protect the court…
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House Votes to Overturn Clean Water Rule
Representatives say the rule was government overreach. President Biden’s administration had issued a “Water of the United States” (WOTUS) rule relating to “navigable waters” under the Clean Water…
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Senate Confirms IRS Commissioner
He had been the acting commissioner. The Senate confirmed Danny Werfel on Thursday as the Commissioner of the Internal Revenue Service. During his hearing in February, Werfel said,…
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Treasury Department Developing Digital Dollar Technology
Legislators are looking at official cryptocurrency. The Treasury Department’s Under Secretary for Domestic Finance, Nellie Liang, said the administration is developing technology that would help create a central bank…
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Pentagon to Submit Historic Budget
Defense Department is seeking $835 billion from Congress. The largest, non-inflation-adjusted budget request in history is being submitted to Congress from the Department of Defense for its fiscal…
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