A handful of Congressional Democrats are putting forth legislation to create a new digital currency that would have equal standing with the US dollar. In a new press release, Rep. Stephen Lynch of Mas...
Tag: democrats
Oil Executives Summoned by Democrats Over $4-a-Gallon Gasoline
(Bloomberg) — Democrats in Congress are taking aim at big oil as they seek to deflect blame for eye-popping gasoline prices that could sink their prospects in the midterm elections. Most Read fr...
US Crypto Industry: Contrasting Thoughts of The Democrats
Biden’s Executive Order gained much attention lately, but unfortunately, a proper regulatory framework for the crypto industry might be long-awaited. The US Democrats are not on the same page regardin...
U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis
U.S. Democratic senators introduced a bill to the U.S. President Thursday that they propose to impose sanctions on foreign cryptocurrency companies with business to Russian entities, preventing them a...
Democrats urge Biden to restart climate negotiations in stalled plan
U.S. President Joe Biden speaks during an event at Germanna Community College February 10, 2022 in Culpeper. Virginia. Win McNamee | Getty Images More than 80 House Democrats this week called on Presi...
What Democrats don’t get about gas prices
Therapists advise against making major decisions when you’re highly emotional. Democrats should heed that advice and stop proposing rash ways to lower gasoline prices. With pump prices now averaging $...
House Democrats Demand Investigation Into Postal Service’s New Mail Truck Deal
Topline Democrats on the House Oversight Committee asked the U.S. Postal Service’s inspector general Monday to investigate the agency’s plan to replace its mail trucks with largely gas-powered vehicle...
Democrats File New Tax On Alleged ‘Windfall Profits’ By Big Oil
WASHINGTON, DC – APRIL 28: Sen. Sheldon Whitehouse, D-R.I., attends the Senate Judiciary Committee … [+] confirmation hearing in Dirksen Senate Office Building in Washington, D.C., on Wedn...
Democrats Target Oil Companies With Plan to Tax Windfall Profits
(Bloomberg) — Senators Sheldon Whitehouse and Elizabeth Warren say they’re working on a proposed new tax targeting profits being reaped by oil companies as crude prices spike amid geopolitical t...
Supreme Court Denies Republican Request To Overturn Voting Maps, Giving Democrats An Edge In North Carolina, Pennsylvania
Topline The Supreme Court Monday denied requests from Republicans in North Carolina and Pennsylvania to block new state-court-approved electoral district maps, handing Democrats a win in the latest sk...
The Problem With Democrats’ Gas Prices Relief Act
Desperate Democrats are pushing for a suspension of the 18.4 cents per gallon federal gasoline tax to show their concern over rising prices and demonstrate to voters that they’re taking action. This s...
Want to Arrest Inflation? There’s a Simple, Bipartisan Solution
It’s hard to fathom now given the debased nature of the monetary discussion today, but when Ronald Reagan ran for president in 1980, a standard line in his speeches was that “No nation in history has ...
Senate Passes Last-Minute Bill To Prevent Government Shutdown
Topline The Senate passed a stopgap bill Thursday evening to extend the federal government’s funding through March 11, narrowly averting a government shutdown set to begin Friday and giving legislator...
Fewer Americans Now Want To Prioritize Racial Issues And Poverty Than In 2021, Study Finds
Topline Fewer Republicans and Democrats think racial issues and poverty should be top policy priorities compared to a year ago, according to a study published Wednesday by Pew Research Center, as conc...
Gas Tax Holiday Could Backfire On Democrats
Gasoline prices are displayed at a station Friday, Dec. 10, 2021, in Shoreline, Wash. Prices for … [+] U.S. consumers jumped 7.5% in recent months as surging costs for food, energy, housing, aut...
Democrats Propose Gas Tax Holiday
Against a background of surging gasoline prices at the beginning of an election year, a group of Democratic lawmakers are calling for a suspension of the federal gas tax for the rest of 2022. The Gas ...
Republicans And Democrats Will Both Support Bitcoin: Here’s Why
CLEVELAND, OHIO – SEPTEMBER 29: U.S. President Donald Trump and Democratic presidential nominee Joe … [+] Biden participate in the first presidential debate moderated by Fox News anchor Ch...
America Cracks Down On Kremligarchs
More than nukes, carriers, boots on the ground or Nato, the most efficacious deterrent against Putinism worldwide is curbing the free flow of kleptocratic money. Finally, in both the US and UK –...
Sen. Ben Luján Hospitalized Following Stroke, Threatening To Delay Democrats’ Agenda
Topline Sen. Ben Ray Luján (D-N.M.) was hospitalized after suffering a stroke Tuesday and underwent surgery to ease swelling from his brain, though he is expected to make a full recovery according to ...
Occupy Democrats’ Post About Mark Cuban Selling Affordable Drugs Tops Facebook—A Rarity For Left-Wing Page
Topline News that billionaire Mark Cuban opened an online pharmacy for discount generic drugs appeared to be welcome news for left-wing activists, with a post sharing the news from the Occupy Democrat...
Krysten Sinema Censured By Arizona Democratic Party Over Her Refusal To Change Filibuster Rules
Topline Sen. Kyrsten Sinema (D-Ariz.) was censured by the Arizona Democratic Party Saturday, three days after she voted not to change Senate filibuster rules, crushing Democrats’ hopes of passing voti...
Biden’s First Year: An Economic Scorecard
A year after taking office, the president could be sunk by one economic metric no matter how good the other numbers are. The Biden administration has a long list of metrics to make the case that the U...
Senate Democrats Fail To Advance Voting Rights Bill — And Fall Short Of Changing Filibuster
Topline Senate Republicans on Wednesday blocked Democrats from advancing a voting rights bill, and two moderate Democrats later rejected a bid to change the Senate’s filibuster rules so the party can ...
We Looked At How The Stock Market Performs During Midterm Election Years–Here’s How 2022 May Be Worse
Will Democrats hang onto control, or can Republicans take Congress? If history is any guide, it won’t really matter for stocks because markets typically surge once election uncertainty is lifted. Stoc...
US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party – Economics Bitcoin News
One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in D...
Trump-Appointed Chairman’s Resignation Hands Control of FDIC to Democrats
WASHINGTON— Jelena McWilliams’s decision to resign as chairman of the Federal Deposit Insurance Corp. paves the way for Democrats to gain control of the agency’s agenda in the coming weeks, potentiall...