WASHINGTON—Senate Democrats are moving forward on the costliest and most ambitious effort ever by the U.S. to address climate change—powered in part by benefits for fossil fuels and the broader energy...
Tag: Bill
House Approves $280 Billion Bill To Boost Microchip Production And Counter China
Topline The House passed the “CHIPS plus” bill in a bipartisan vote Thursday, sending to President Joe Biden’s desk a $280 billion package designed to boost domestic microchip production and make the ...
Senate Reconciliation Bill Would Close Carried Interest Loophole. What It Means for Private Equity.
Text size Sen. Joe Manchin wants to eliminate a provision giving favorable tax treatment to the private-equity industry. Alex Wong/Getty Images In a surprise, Senate Democrats reached a deal on a bill...
US stablecoin bill delayed until after congressional recess
The bipartisan bill on stablecoin regulation in the United States has been pushed back by the House Financial Services Committee, according to a statement issued by committee Chairwoman Rep. Maxine Wa...
US Stablecoin Bill Delayed by Congressional Committee Until After August
“Although the Ranking Member [Rep. Patrick McHenry], Secretary [Janet] Yellen and I have made considerable progress towards an agreement on the legislation, we are unfortunately not there yet, and wil...
Schumer-Manchin reconciliation bill: Climate change provisions
Senator Joe Manchin (D-WV) exits the U.S. Capitol following a vote, on Capitol Hill in Washington, February 9, 2022. Tom Brenner | Reuters Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Ma...
Senators Propose Bill Exempting Crypto Tax for Transactions Under $50
In the United States Senate, a bipartisan bill has been introduced to eliminate the burden of paying crypto tax, especially capital gains tax, on cryptocurrency transactions of $50 or less. What exact...
Bipartisan Bill Seeks to Eliminate Taxes on Crypto Transactions Under $50
A bill was introduced in the Senate today that would prevent Americans from needing to disclose capital gains or losses on most smaller-scale crypto transactions. Introduced by senators Patrick Toomey...
Solar Stocks Surge After Energy Bill Gets Backing From Sen. Manchin
Text size Sen. Joe Manchin said he supported a spending package that includes funding for energy and climate programs. Andreas Rentz/Getty Images Solar stocks were surging Thursday after Sen. Joe Manc...
U.S. Senators Introduce Bill to Exempt Tax for Crypto Transactions Less Than $50 – crypto.news
A bipartisan bill introduced in the Senate is seeking to remove the burden of paying capital gains tax for cryptocurrency transactions worth $50 and below. No Taxation for Small Crypto Transactions T...
New Bipartisan US Senate Bill Seeks To Exclude Small Crypto Transactions From Taxation
Republican Senator Pat Toomey of Pennsylvania and Democrat Senator Kyrsten Sinema of Arizona are proposing a new law that would exempt small personal crypto transactions from taxation. Under the curre...
China competitiveness computer chip bill passes Senate, goes to House
The Senate on Wednesday passed bipartisan legislation aimed to help the U.S. compete with China by injecting tens of billions of dollars into the domestic production of semiconductor chips. The bill, ...
New Senate Bill Would Allow U.S. Abortion Funding Abroad—Here’s Why It Matters
Topline Democratic senators introduced a bill Wednesday to permit U.S. funding for abortions overseas by repealing a decades-old amendment, a longshot effort to prevent thousands of maternal deaths gl...
How Bill Gates-Backed Republic Services Turns Trash Into Big Cash
Garbage was the ultimate commodity business until a young McKinsey consultant saw how Republic Services could transform itself into a profit machine by pricing all sorts of trash at a premium. Now he’...
A new Senate bill would bill exempt small crypto from capital gains taxes
A new bill that would exempt small crypto transactions from capital gains taxes has entered the Senate. According to an announcement shared with The Block, Senators Pat Toomey and Kyrsten Sinema have ...
Lawmakers race to release draft of stablecoin bill ahead of August recess
US House of Representatives lawmakers could introduce draft text of a stablecoin bill as early as this week, a last-ditch effort to keep regulation front-of-mind ahead of the August recess. Lawmakers...
Bipartisan Stablecoin Bill to Be Delayed Until September 2022
Key U.S. Lawmakers delay bipartisan bill to mitigate stablecoin risks to at least Sep. 2022. Lawmakers working on the yet-to-be-agreed-upon bill on behalf of House Financial Services Committee Chairwo...
Here’s Why Pickleball—The Fastest-Growing Sport In America—Is Bill Gates’ Favorite Game
Topline Billionaire Microsoft cofounder Bill Gates is “stunned” but “delighted” that his favorite sport—pickleball—has become the fastest-growing sport in America, he said Tuesday in a blog post dedic...
US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes – Regulation Bitcoin News
A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as wel...
Senate Advances Bill To Boost U.S. Microchip Production—Here’s What’s In It
Topline A bill that would earmark billions in federal funds to boost U.S. semiconductor production amid a nationwide chip shortage passed a key Senate vote Tuesday morning, possibly clearing the way f...
Here’s what Bill Ackman says Powell should tell traders about Fed rate-hike plans
“‘Tomorrow, Powell is likely to be asked: “Market pricing implies that the terminal FF rate will peak at 3.4% in 12/22 immediately declining thereafter to 2.7% by YE ‘23. What factors would cause the ...
US lawmakers postpone bill addressing risks posed by stablecoins
The House of Representatives in the US has postponed a bill that addresses the risks derived from the use of stablecoins. The voting for the bill will be delayed until September until the lawmakers ad...
US Senators propose bill to exempt crypto transactions under $50 from taxation
A bipartisan bill from Senators Patrick Toomey (R-Pa.) and Kyrsten Sinema (D-Ariz.) proposes tax exemptions on crypto transactions up to $50. If passed, the Virtual Currency Fairness Act will unburde...
Stablecoin Bill Delayed to September After Treasury Raises Concerns
The House Financial Services Committee has pushed back its long-awaited stablecoin bill to September following objections from Treasury Secretary Janet Yellen. This will delay congressional discussion...
Two US Senators Have Tabled A Bill To Let Users Buy Items With Bitcoin To Boost Crypto Adoption
– Advertisement – Two US Senators Have Introduced A Bill To Buy Products With Bitcoin And Exempt BTC Transactions Under $50 From Capital Gains Tax. Two pro-crypto US senators want the ta...
Lawmakers delay voting on US bill to regulate stablecoins till September
U.S. lawmakers have delayed the vote on a bipartisan bill on stablecoin regulation until at least September, The Wall Street Journal reported, citing people familiar with the matter. The bill would ha...
Bipartisan Crypto Bill To Bring Relief To Crypto Owners, Here’s How
Pat Toomey, the US senator of Pennsylvania, has collaborated with Senator Kyrsten Sinema, the senator from Arizona to push a crypto bill that gives tax exemptions to any crypto transaction under $50. ...
US Stablecoin Bill is in Process, But No Action Expected Until the Fall
A committee vote was planned for Wednesday, but the draft bill is said to still have some core issues A month’s delay won’t have too much of an impact on investors, a crypto research head said A long-...
U.S. Senators Propose Bill to Cut Taxes on $50 Crypto Payments
Key Takeaways Senators Patrick Toomey and Kyrsten Sinema have introduced a new bill to the U.S. Senate to exclude small crypto transactions from capital gains tax requirements. The bill would apply to...
U.S. senators propose bill to make crypto transactions under $50 tax-free
As the United States continues to deliberate on the right cryptocurrency sector regulation framework, two senators are now seeking to exempt crypto investors from paying taxes on transactions below $5...
US Senators Push Bill to Make Small Crypto Transactions Tax-Free
“This would foster use of crypto for retail payments, subscription services, and micro transactions,” said Jerry Brito, executive director of Coin Center, a crypto policy think tank in Washington. “Mo...
Bill addressing stablecoins risks in US likely delayed until September: Report
Lawmakers in the United States House of Representatives have reportedly pushed back the timeline for considering a bill addressing the potential risks of stablecoins. According to a Monday report from...