Congress

Experts See Financial Pain As COVID Aid Wanes

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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House Democrats Eye Kodak’s $765M US Loan
House Democrats Eye Kodak’s $765M US Loan
August 05, 2020  |  Loans

The meteoric rise, and then fall, of Eastman Kodak stock — and the recent profits scored by top executives there — is garnering more attention....

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CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
August 03, 2020  |  SMBs

Howard Schultz, the former CEO of Starbucks Corp., and dozens of other top executives urged Congress to support small- to medium-sized businesses (SMBs), including providing...

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GOP, Democrats Far Apart On New Stimulus Package
GOP, Democrats Far Apart On New Stimulus Package
August 03, 2020  |  Economy

With the House and Senate far apart on what the next stimulus package will look like, the White House is considering options if a deal...

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US Lawmakers Seek Investigation Of Zoom And TikTok’s China Ties
US Lawmakers Seek Investigation Of Zoom And TikTok’s China Ties
July 31, 2020  |  Safety and Security

Two members of Congress asked the U.S. Department of Justice (DOJ) Thursday (July 30) to investigate Zoom Video Communications Inc., the video technology company, and...

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Big Tech CEOs Didn’t Win Over Congress At Hearing
Big Tech CEOs Didn’t Win Over Congress At Hearing
July 30, 2020  |  ANTITRUST

The big day finally came — the CEOs of Amazon, Apple, Facebook and Google‘s parent, Alphabet, sat in front of lawmakers (at least virtually) and...

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US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
July 29, 2020  |  Loans

Lawmakers want to fix a mix-up in the economic relief CARES Act laws from March that could cost small businesses $120 billion in taxes, The...

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