Congress

Congress Prepares To Approve Overhaul Of Anti-Money Laundering Laws
Congress Prepares To Approve Overhaul Of Anti-Money Laundering Laws
December 09, 2020  |  AML

Congress is expected this week to vote for the first overhaul of the country’s anti-money laundering (AML) laws in decades, the Financial Times reports. Demands...

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Business Leaders Push Congress For New Stimulus Dollars As Economy Wavers
Business Leaders Push Congress For New Stimulus Dollars As Economy Wavers
December 08, 2020  |  Economy

Some of the top business groups in the United States are ramping up pressure on Congress to pass a second major stimulus package as coronavirus...

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Over 125 Economists Urge Congress To Pass Stimulus
Over 125 Economists Urge Congress To Pass Stimulus
November 23, 2020  |  Economy

A letter from over 125 economists, including former Federal Reserve Vice Chair Alan Blinder and Jason Furman, chairman of the Council of Economic Advisers during...

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JPMorgan Chase’s Dimon Scolds ‘Childish’ Congress For Stalling On COVID-19 Stimulus
JPMorgan Chase’s Dimon Scolds ‘Childish’ Congress For Stalling On COVID-19 Stimulus
November 18, 2020  |  Coronavirus

One of the nation’s most powerful bankers lashed out at Congress on Wednesday (Nov. 18) over the stalled coronavirus relief package, chiding lawmakers for “childish...

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Trump Pauses US Stimulus Negotiations Until After Election
Trump Pauses US Stimulus Negotiations Until After Election
October 06, 2020  |  Economy

Stimulus negotiations are on hold. That is the news out of Washington today (Oct 6) as President Trump has announced that negotiations between Republicans and...

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Report: US House Could Break Up Big Tech firms
Report: US House Could Break Up Big Tech firms
October 06, 2020  |  ANTITRUST

The long-anticipated antitrust report from the U.S. House of Representatives on giant tech companies considers a call to break up the companies, according to a...

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Experts See Financial Pain As COVID Aid Wanes
Experts See Financial Pain As COVID Aid Wanes
September 21, 2020  |  Economy

The failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the...

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House Republicans Move To Legislate Trump’s Payroll Tax Break
House Republicans Move To Legislate Trump’s Payroll Tax Break
September 14, 2020  |  Economy

U.S. House Republicans are proposing legislation that if adopted by the Democrat-controlled body and GOP-run Senate would codify the payroll tax cut President Donald Trump...

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Democrats And Trump Administration Said To Resume Stimulus Talks
Democrats And Trump Administration Said To Resume Stimulus Talks
August 07, 2020  |  Economy

Negotiators for the White House and congressional Democrats were expected to resume efforts at 1 p.m. Friday (Aug. 7) to reach a deal that would...

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