Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans and Democrats can’t even agree on what to name the new COVID-19 stimulus plan. In May, House Democrats passed the...
House Democrats who had hoped to provide Americans with a second $1,200 stimulus check are facing opposition from members of their own party in the Senate, The Hill reported. Two weeks ago, the House narrowly adopted a $3 trillion measure that would provide a second...
Sen. Amy Klobuchar (D-Min.) wants officials to look into potential antitrust violations involving Uber’s possible acquisition of Grubhub as the two companies remain in discussion. The letter, addressed to Assistant Attorney General Makan Delrahim and Federal Trade Commission Chairman Joseph Simons, the country’s top antitrust officials,...
Democrats, evoking the country’s past with the financial turmoil of the Great Depression and the recovery with the New Deal, argue that much more financial aid could be needed for the long run of the pandemic. House Virginia Democrat Don Beyer said the threat of...
April 19, 2023
The political parties are reportedly divided over potential congressional action on stablecoin regulations. During a Wednesday (April 19) hearing in the House, Republicans favored reviving a bill that would regulate stablecoin issuers and give them access to Federal Reserve banking services, while Democrats expressed concern about encouraging stronger ties between crypto and the banking system, […]
July 28, 2020
Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans and Democrats can’t even agree...
May 29, 2020
House Democrats who had hoped to provide Americans with a second $1,200 stimulus check are facing opposition from members of their own party in the Senate, The Hill reported. Two...
May 21, 2020
Sen. Amy Klobuchar (D-Min.) wants officials to look into potential antitrust violations involving Uber’s possible acquisition of Grubhub as the two companies remain in discussion. The letter, addressed to Assistant Attorney...
