President Joe Biden speaks about his 2024 proposed budget at the Finishing Trades Institute, … [+] Thursday, March 9, 2023, in Philadelphia. (AP Photo/Matt Rourke) Copyright 2023 The Associated ...
Tag: biden
Are You Rich? Biden Wants to Double Your Capital Gains Taxes and Implement a Wealth Tax
biden new taxes While social issues have dominated news coverage recently, one of the most contentious and important issues in Washington never changes – tax policy. One of former President Dona...
SVB, Signature Bank Losses Will Not ‘Be Borne by the Taxpayer’, Insists President Biden
President Joe Biden gave brief comments Monday morning regarding the recent events surrounding the embattled Signature Bank and Silicon Valley Bank (SVB). Following several chaotic days, SVB was shut ...
U.S. EV Charging Network Gets $2.5 Billion Boost From Biden Administration
The Biden Administration is trying to get 500,000 new electric vehicle and alternative fuel stations opened across the U.S. getty The Biden Administration is making good on a promise to create a vastl...
Biden Hints Next Step of Action Post SVB & Signature Collapse
The FDIC took control of SVB’s assets and Signature Bank over the weekend. Prez. Biden lays down a further course of action, reinstating the public’s faith. His plan of actions includes action agains...
Robert Kiyosaki slams Biden over claiming bailouts won’t cost taxpayers anything
After warning that government bailouts to the recently collapsed banks in the United States could flood the economy with more “fake money” in the form of the U.S. dollar, Robert Kiyosaki has criticize...
Biden Says Jimmy Carter Asked Him To Give His Eulogy After He Dies
Topline Former President Jimmy Carter has asked President Joe Biden to deliver his eulogy after he dies, Biden revealed on Monday, speaking about his predecessor’s health at a fundraising event as Car...
Biden Announces New Gun Control Measures—Here’s What His Executive Order Will Do
Topline President Joe Biden will sign an expansive executive order on gun control Tuesday, taking steps to expand background checks and gun safety measures as the U.S. continues to face mass shootings...
Biden urges US citizens to trust banks amid ongoing collapse
Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure. In a move th...
Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors
The overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank — triggered a series of events that impacted millions of businesses, venture capitalists and bottom...
Investors of Affected Banks Won’t Receive Bailout, says President Biden
Following the collapse of Silicon Valley Bank, US President Joe Biden assured Americans on Monday that their banking system is secure and voiced his desire for stricter regulations to avoid such disa...
Bitcoin Rises as Biden Calls for Tighter Bank Regulations After SVB
President Joe Biden said anyone with deposits at Silicon Valley Bank and Signature Bank would have access to their money today. He emphasized that taxpayers will not pay for the funds regulators will ...
President Biden assures taxpayers SVB and Signature Bank losses contained
President Biden has assured the senate banking committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank, in response to concerns abou...
President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses
“We must get the full accounting of what happened and why those responsible can be held accountable,” Biden said. “In my administration, no one – no one is above the law. And finally, we must reduce t...
U.S. President Biden Claims Investors Of Affected Banks Will Not Be Bailed Out
After the failure of Silicon Valley Bank and Signature Bank, which threatened to set off a more widespread crisis, U.S. regulators were forced to step in with a series of emergency measures. In respon...
Biden Approves Controversial Alaska Oil Drilling Project—Here’s What You Need To Know
Topline The Biden Administration approved a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that will appease Alaskan lawmakers while angering climate...
Biden Says Saving Silicon Valley Bank Helped Economy ‘Breathe Easier’—But Not All Experts Agree
Topline Americans can “breathe easier” knowing the nation’s financial system is “safe,” President Joe Biden said Monday morning, in Biden’s first remarks since his administration rolled out measures t...
Biden: SVB, Signature Executives Will Be Fired
Banks need more regulatory oversight, President Biden said during an address Monday morning about the recent closure of Silicon Valley Bank and Signature Bank. The government has taken control o...
Biden reassures Americans that banking system is safe in wake of collapses
Policy • March 13, 2023, 9:40AM EDT U.S. President Joe Biden assured American citizens that the banking system is safe following the collapses of Signature Bank and Silicon Valley Bank. “Americ...
Biden administration urges Congress to ban airline family-seating fees
Passengers wearing protective masks are seen aboard before a JetBlue flight to London at JFK International Airport in the Queens borough of New York City, August 11, 2021. Jeenah Moon | Reuters The Bi...
USDC and BUSD breathe a sigh of relief, thanks to Biden administration
U.S. government comes to the rescue of failed banks. However, BUSD and USDC continue to suffer. The crypto community, in general, criticized the government’s bailout. Over the last few days, the colla...
Biden Administration Bails Out Failing Banks, Vows To Hold All Responsible
In a shocking turn of events, two major U.S. banks, Silicon Valley Bank and Signature Bank, have collapsed. The Federal Reserve quickly took action, and United States President Joe Biden announced tha...
Biden vows to hold those responsible for SVB, Signature collapse
The President of the United States Joe Biden has vowed to hold those responsible for the failure of Silicon Valley Bank and Signature Bank while assuring Americans that their deposits are safe. On Ma...
Beware The “Surprise Fees” In Biden’s 200% Aluminum Tariffs
TOPSHOT – US Presidential candidate and former US Vice President Joe Biden gestures as he addresses … [+] supporters and curious voters at the IBEW Local 490 in Concord, New Hampshire on F...
The U.S. Must Go All In On Financing Natural Gas
Cheniere Energy President and CEO Jack Fusco, right, is applauded as he rings the opening bell of … [+] the New York Stock Exchange, Wednesday, Feb. 5, 2020. (AP Photo/Richard Drew) Copyright 20...
Bitcoin Bursts to $22,000 As Biden Administration Tries to Stop Contagion in U.S. Financial System
The price of Bitcoin (BTC) is soaring as the Biden Administration races to prevent the collapse of Silicon Valley Bank from triggering a mass exodus at regional banks across the U.S. The U.S. Treasury...
How To Become Biden Roadkill
President Joe Biden just issued his raft of tax increases. Here’s the focus: the president wants to raise rates on the top earners across the board. Highest-earning individuals, investors, and corpora...
Future of Bitcoin and Crypto Will Be Determined by Congress – Not the Biden Administration, Says House GOP Leader
A Republican House leader says Congress will shape the future of Bitcoin (BTC) and cryptocurrency in the US – not the White House. House majority whip Tom Emmer is outlining a list of pro-crypto propo...
Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole
The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period. On Thursday, March 9, the Bi...
Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30% – Bitcoin News
On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget in...
Biden Budget Proposes Taxing Crypto Miners
The proposed budget of the Biden administration has a clause that would impose taxes on the electricity usage of cryptocurrency miners. Tax To Discourage Crypto Mining U.S. President Joseph Biden’s p...
How Putin Revived Energy Security
TOPSHOT – Russian President Vladimir Putin is seen on a screen set at Red Square as he addresses a … [+] rally and a concert marking the annexation of four regions of Ukraine Russian troop...