Politics

Politics
Report: Lawmakers Frustrated That Treasury Is Sitting On $454B In COVID-19 Aid
August 27, 2020

Some $454 billion allocated for the federal government’s COVID-19 response remains unused, The Wall Street Journal reported on Thursday (Aug. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Politics
Big Business Takes Up Arms Against WeChat Ban
August 13, 2020

President Trump’s threat to ban WeChat in the U.S. has shaken the stock markets and is now roiling the corporate world. Shares of Tencent Holdings, its parent company, fell as much as 10 percent on Friday (Aug. 7) hours after the president issued his ban,...

Politics
Mnuchin: GOP COVID-19 Stimulus Plan To Reach Capitol Hill Monday
July 26, 2020

A $1 trillion Republican version of a 4.0 COVID-19 stimulus bill is expected to be on Capitol Hill Monday (July 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Politics
Citing Racial Profiling, IBM Will No Longer Sell Face Recognition Software
June 09, 2020

International Business Machines Corp. (IBM) is getting out of the facial recognition business, citing its misuse by law enforcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Politics
US Chamber Leader Criticizes Presidential Candidates
January 09, 2020

The head of the U.S. Chamber of Commerce, the largest and most powerful business lobbying group in the country, criticized presidential candidates challenging President Donald Trump on their proposed policies concerning Medicare and taxing of the wealthy, according to a report by the Financial Times....

Politics
Obama Warns Of The Dangers Of ‘Big Disruptive’ Tech
November 22, 2019

Former U.S. President Barack Obama is concerned about the impact technology can have on society. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Politics
House Committee Passes Bill To End Federal Marijuana Prohibition
November 21, 2019

The House Judiciary Committee passed a bill that would effectively make marijuana legal, the National Cannabis Industry Association (NCIA) announced in a press release on Wednesday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Financial, Regular Firms Want Banks To Work With Pot Companies
March 27, 2019

Financial firms, fertilizer, beverage, and other mainstream companies are calling on Congress to enable pot companies to have access to banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Politics
Q1 GDP Growth To Be Impacted By Gov’t Shutdown
January 20, 2019

With the partial U.S. government shutdown as a result of the standoff between President Donald Trump and congressional Democrats now in its fourth week and no clear end in sight, the economic costs are starting to add up and are expected to impact growth during the...