Congress

Over 125 Economists Urge Congress To Pass Stimulus
Over 125 Economists Urge Congress To Pass Stimulus
November 23, 2020  |  Economy

A letter from over 125 economists, including former Federal Reserve Vice Chair Alan Blinder and Jason Furman, chairman of the Council of Economic Advisers during...

READ MORE >
JPMorgan Chase’s Dimon Scolds ‘Childish’ Congress For Stalling On COVID-19 Stimulus
JPMorgan Chase’s Dimon Scolds ‘Childish’ Congress For Stalling On COVID-19 Stimulus
November 18, 2020  |  Coronavirus

One of the nation’s most powerful bankers lashed out at Congress on Wednesday (Nov. 18) over the stalled coronavirus relief package, chiding lawmakers for “childish...

READ MORE >
Trump Pauses US Stimulus Negotiations Until After Election
Trump Pauses US Stimulus Negotiations Until After Election
October 06, 2020  |  Economy

Stimulus negotiations are on hold. That is the news out of Washington today (Oct 6) as President Trump has announced that negotiations between Republicans and...

READ MORE >
Report: US House Could Break Up Big Tech firms
Report: US House Could Break Up Big Tech firms
October 06, 2020  |  ANTITRUST

The long-anticipated antitrust report from the U.S. House of Representatives on giant tech companies considers a call to break up the companies, according to a...

READ MORE >
Experts See Financial Pain As COVID Aid Wanes
Experts See Financial Pain As COVID Aid Wanes
September 21, 2020  |  Economy

The failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the...

READ MORE >
House Republicans Move To Legislate Trump’s Payroll Tax Break
House Republicans Move To Legislate Trump’s Payroll Tax Break
September 14, 2020  |  Economy

U.S. House Republicans are proposing legislation that if adopted by the Democrat-controlled body and GOP-run Senate would codify the payroll tax cut President Donald Trump...

READ MORE >
Democrats And Trump Administration Said To Resume Stimulus Talks
Democrats And Trump Administration Said To Resume Stimulus Talks
August 07, 2020  |  Economy

Negotiators for the White House and congressional Democrats were expected to resume efforts at 1 p.m. Friday (Aug. 7) to reach a deal that would...

READ MORE >
House Democrats Eye Kodak’s $765M US Loan
House Democrats Eye Kodak’s $765M US Loan
August 05, 2020  |  Loans

The meteoric rise, and then fall, of Eastman Kodak stock — and the recent profits scored by top executives there — is garnering more attention....

READ MORE >
CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
August 03, 2020  |  SMBs

Howard Schultz, the former CEO of Starbucks Corp., and dozens of other top executives urged Congress to support small- to medium-sized businesses (SMBs), including providing...

READ MORE >