Biden Administration
- Banking
Manchin sides with banks in rejecting IRS reporting proposal
WASHINGTON — Sen. Joe Manchin, D-W.Va., on Tuesday predicted that the social spending bill negotiated by Democrats will not include…
Read More » - Politics
The Segregationist-Inspired Law That Joe Biden Just Can’t Quit
On Jan. 17, 2020, three masked men banged on the door of the house where a young woman we’ll call…
Read More » - Banking
Banks urge White House to ditch IRS reporting plan
WASHINGTON — Dozens of trade groups representing banks and other industries urged the White House to dump a plan that…
Read More » - Politics
Despite Delays, Rent Aid Program Helped Prevent Eviction Wave, Biden Administration Says
The federal government’s signature rental assistance program hasn’t yet spent a quarter of the funds Congress set aside for renters,…
Read More » - Banking
What FSOC’s climate risk report means for banks
WASHINGTON — A long-anticipated federal report on climate change’s risk to the U.S. economy is not the regulatory nightmare that…
Read More » - Politics
Biden Administration Moves To Block Mining Near Minnesota’s Boundary Waters
The Biden administration launched a review on Wednesday that could ultimately block a Chilean mining giant from constructing a $1.7…
Read More » - Banking
Treasury narrows IRS reporting plan. Banks and GOP are unmoved.
WASHINGTON — Democrats launched an attempt Tuesday to strike a compromise over a highly contentious bank reporting measure, but critics…
Read More » - Banking
‘Unequivocally false’: Treasury says critics misrepresent IRS reporting plan
WASHINGTON — The Treasury Department said opponents of a plan requiring that banks report more customer data to the Internal…
Read More » - Politics
White House Announces Plans For Massive Expansion Of Offshore Wind Farms
The Biden administration unveiled plans to develop large, grid-transforming offshore wind farms along much of the U.S. coastline in the…
Read More » - ECONOMY
Allstate Wants to Track Your Driving to Determine Your Car Insurance Rate
Many consumers are unhappy that car insurers use their credit histories in setting premium rates. Now an alternative is in…
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