Time is running out for Democrats and Republicans to agree on the next stimulus package, as portions of the CARES Act are set to expire in less than two weeks. President Donald Trump is expected to meet with Senate Majority Leader Mitch McConnell (R-Kentucky), U.S....
The Republicans are in no hurry to do another COVID-19 bailout. On Tuesday (May 12), PYMNTS reported that House Speaker Nancy Pelosi proposed a $3 trillion spending package for more coronavirus aid. The 1,800-page measure provides more money for Americans impacted by the shutdown. But Republicans...
U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to become the next chairman of the Financial Services Committee, believes Republicans should instead focus on legislation that will help prevent...
The GOP released its tax plan Thursday (Nov. 2), offering a glimpse into its Tax Cuts and Jobs Act that includes plans for corporate taxes. According to reports in The New York Times, Republican tax reform efforts would impose a minimum global tax of 10 percent for...
July 26, 2020
A $1 trillion Republican version of a 4.0 COVID-19 stimulus bill is expected to be on Capitol Hill Monday (July 27). “This is all about kids and jobs,” U.S. Treasury Secretary Steven Mnuchin told Fox News Sunday. “This is our focus, and we want to make sure something gets passed quickly, so that we deal […]
July 20, 2020
Time is running out for Democrats and Republicans to agree on the next stimulus package, as portions of the CARES Act are set to expire in less than two weeks. ...
May 14, 2020
The Republicans are in no hurry to do another COVID-19 bailout. On Tuesday (May 12), PYMNTS reported that House Speaker Nancy Pelosi proposed a $3 trillion spending package for more...
July 13, 2018
U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to become the next chairman of...