I started my first job working for Congress exactly twenty years ago this week, and what I remember most about beginning there was that it felt like an incredibly intimidating place to work. Luckily, ...
Tag: Congress
Congress just approved 401(k) and IRA changes that affect workers across generations. Here are the key points to know
Saving for retirement just got a little bit easier. Congress approved big changes that can help 401(k) and IRA savers put a little more money away for their futures. A series of new laws—known collect...
Ukraine Converts $21.9 Billion In U.S. Military Surplus Into Fearsome Force
Few nations have put U.S. military aid to better use than Ukraine AFP via Getty Images The list of American security assistance to Ukraine since the beginning of Russia’s “unprovoked and brutal invasi...
Congress Passes Bill To Ban TikTok From Federal Devices
Topline Congress approved a ban on TikTok from federal devices Friday as part of a larger government spending bill, amid a recent surge by state governments banning the app—owned by Chinese firm ByteD...
Congress wants to change how you save for retirement — here’s how
Americans could soon change the way they save for retirement, thanks to several reforms included in the mammoth $1.7 trillion omnibus spending bill that lawmakers are rushing to pass before Friday. At...
Democrats split on Gensler’s crypto approach post-FTX
As Congress weighs the FTX collapse, Democrats appear split on how much more the Securities and Exchange Commission and its chair, Gary Gensler, could have done to stave off what the agency now calls ...
Child Online Privacy Protections Cut From Congress’ Spending Bill Despite Last-Minute Push
Topline A pair of bills designed to strengthen online protections for children was left out of a fiscal year 2023 spending plan Congress is aiming to pass this week, despite heightened concerns about ...
Zelensky Meets With Biden In D.C. Ahead Of Historic Speech To Congress
Topline Ukrainian President Volodymyr Zelensky landed in the U.S. on Wednesday and is planning to meet with President Joe Biden and members of Congress, in his first trip out of Ukraine since Russia i...
Taxpayers’ $36 Billion Pension-Fund Bailout Comes With One Thin String Attached
The government’s rescue of private pension plans comes with few strings attached. Illustration by Fernando Capeto for Forbes; Photos by Klaus Vedfelt/Getty Images; Westend61/Getty Images Here’s ...
New top House Republican on markets isn’t as anti-ESG as some GOP want
Rep. Patrick McHenry (R-NC) and Chairman of the House Financial Service Committee Maxine Waters (D-CA) listen as David Marcus, CEO of Facebook’s Calibra, testifies on “Examining Facebook’s...
Zelensky Planning Surprise D.C. Visit To Address Congress
Topline Ukrainian President Volodymyr Zelensky is planning to travel to Washington, D.C., on Wednesday to address a joint session of Congress, according to multiple reports, in what would be his first...
Lawmakers Reach Tentative Agreement On $1.7 Trillion Funding Deal For 2023 — But Republican Opposition Persists With Days To Go Before Shutdown
Topline Bipartisan negotiators in Congress unveiled a $1.7 trillion government spending package early Tuesday morning that would fund the federal government for the rest of the current fiscal year and...
Big Changes to 401(k) Retirement Plans Move Ahead in Congress
Listen to article (2 minutes) Congress is on the verge of passing a bill that aims to help Americans save more for retirement and leave their retirement savings untouched and untaxed for longer. The b...
Financial Security Oversight Committee (FSOC) Calls On Congress To Regulate Spot Crypto Trading
Join Our Telegram channel to stay up to date on breaking news coverage After witnessing repeated mishaps in the cryptocurrency market, the US financial regulators have once again started to urge congr...
New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business – Bitcoin News
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman...
US Financial Regulators Urge Congress To Pass Cryptocurrency Spot Markets Legislation
A council consisting of the US’s top financial regulators is urging Congress to regulate cryptocurrency spot markets. The Financial Stability Oversight Council, made up of the heads of the U.S. Securi...
Cobots, Cybersecurity and Last Mile Logistics at the IOT Solutions World Congress Testbed Area
Place/Date: Barcelona, Spain – December 15th, 2022 at 3:18 pm UTC · 4 min read Source: IOT Solutions World Congress Robots prepared to better collaborate with humans, solutions to transform urba...
US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence
In a separate closed-door portion of the meeting, the regulators – including Gary Gensler, the head of the Securities and Exchange Commission (SEC), and Rostin Behnam, who runs the Commodity Futures T...
House Oversight Committee Puts Political Agenda Above Energy Security
FILE – House Oversight and Reform Subcommittee on Environment Chair Ro Khanna (D-Calif.) led last … [+] week’s hearing on the oil industry and climate change. (AP Photo/Jacquelyn Mar...
Senators voice broader concerns around crypto, including Binance
Senate lawmakers are taking a closer look at Binance in the wake of FTX’s collapse, with a hearing today frequently touching on the off-shore exchange while senators also expressed broader conce...
Congress Reaches Deal To Avert Government Shutdown For 9 More Days — Teeing Up Another Clash
Topline Lawmakers announced late Tuesday they reached an agreement on a short-term budget deal to avert a government shutdown for another week after the existing funding bill expires on Friday, and th...
FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
A number of Republican senators were no-shows at the FTX hearing, and the crypto views of Sen. Tim Scott, (R-S.C.), who is set to serve as the committee’s ranking Republican in the next congressional ...
The Federal Reserve’s Demented ‘Dual Mandate’
Even though most adults today have lived all their lives within the floating fiat monetary system that emerged, accidentally, in August 1971, many today still probably find it rather strange that we s...
US Congress Candidate Walker Calls Crypto Community to Collectively Support Ripple Against SEC Overreach
– Advertisement – January Walker highlighted the widely-held belief that a ruling against Ripple would be detrimental to the majority of assets within the crypto space. United States Con...
The New Coast Guard Funding Bill Is Really Good For The USCG
The NDAA puts the Coast Guard on a strong course forward U.S. Coast Guard The Don Young Coast Guard Authorization Act does a great job of setting the Coast Guard up for success in the years ahead. As ...
Sue To Get Through U.S. Immigration Backlogs
When it comes to processing of immigrant applications, results is the name of the game. So far, … [+] results have not been good. getty Sometimes it is helpful to compare your progress with that...
FTX CEO John Ray testimony before Congress, SBF denied bail
On Dec. 13 at 10 am ET, John J. Ray III, CEO of the FTX Group, sat as a witness on a hearing entitled “Investigating the collapse of FTX, Part I.” Sam Bankman-Fried was scheduled to attend the hearing...
FTX execs had ‘free rein’ over exchange, Alameda, CEO Ray says
Sam Bankman-Fried and his top lieutenants had “free rein” over failed crypto exchange FTX and its sister trading firm, Alameda Research, the new FTX CEO said in a congressional hearing. Testify...
Ripple: Why settling with SEC could be disastrous, U.S. Congress candidate opines
Notable U.S politician gave her opinion of the rumored Ripple- SEC settlement Charles Hoskinson also agrees with her on possible unfavorable repercussion Following rumors of a 15 December settlement, ...
What Sam Bankman-Fried Planned to Tell Congress About FTX’s Collapse
Disgraced FTX founder Sam Bankman-Fried (SBF) was planning to deliver congressional testimony before the House Financial Services Committee on Tuesday regarding his exchange’s fallout. While his arres...
SBF planned to blame everyone but himself, shows leaked Congress testimony
Former FTX CEO Sam Bankman-Fried, also known as SBF, was arrested on Dec 12, a day before he was set to testify before Congress remotely. A copy of his testimony, obtained by Forbes, highlights that t...
Bankman-Fried Arrest Day Before Congress Testimony Raises Eyebrows
Former FTX CEO Sam Bankman-Fried won’t appear before Congress on Tuesday after all, considering his arrest, disappointing the head of the House Financial Services Committee and piquing curiosities acr...