She expresses skepticism about the digital asset industry. The collapse of a cryptocurrency exchange known as FTX has been called a “Lehman moment” by Treasury Secretary Janet Yellen.…
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Virginia Congressman Succumbs to Cancer
Representative McEachin was just reelected to a fourth term. Representative Donald McEachin of Virginia passed away late Monday after battling cancer for a year. Congressman McEachin, who had just…
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Congress Urged to Avert Rail Strike
President Biden adds his call for Congress to intervene after 400 organizations sent a letter. The railroad labor negotiation standoff that began in August has had its agreement…
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Legislation Would Block Citizenship for Dependent Illegals
New rule would cut migrant benefits. Senator Roger Marshall of Kansas proposed a resolution that would prohibit illegal immigrants from becoming citizens if they depend on taxpayer-funded benefits. The…
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Senators Urge Armed Drones for Ukraine
The Pentagon had previously declined the request. A bipartisan group of senators sent a letter to Defense Secretary Lloyd Austin this week urging President Biden’s administration to reconsider…
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Treasury Secretary Delivers Semi-Annual Report to Congress
Reviews foreign trade of goods and services through June 2022. The Department of the Treasury delivered its semiannual macroeconomic report to Congress last week. The report goes over…
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Incoming Legislators Arrive at Capitol
Some House seat races have not yet been decided. The freshman class of the 118th Congress arrived in Washington Sunday for a week of orientation. They met with…
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Many Split Decisions Occur in Midterm Elections
Close races in several states highlight partisan divisions. Tuesday’s midterm election results depict the political chasm in the United States. Tight races in several states remain undecided, and…
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President Calls for Oil Companies to Reinvest Profits
He urged Congress to raise their taxes if production is not increased. President Joe Biden has urged Congress to increase taxes on oil and gas companies’ profits if…
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IRS Hires 4,000 Customer Service Reps
Being trained in taxpayer rights and technical account management. The Internal Revenue Service announced that 4,000 additional customer service representatives have been hired and are being trained to…
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