politics

Chinese President Xi Calls For Wealth Redistribution

Chinese President Xi Calls For Wealth Redistribution
Chinese President Xi Calls For Wealth Redistribution
August 18, 2021  |  Cross-border Payments

Chinese President Xi Jinping is calling for wealth redistribution that includes a framework for “common prosperity,” curbing excessive incomes and working to avert financial risks,...

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Vaccine Mandates Are A Lose-Lose For Frontline Restaurant Workers, Says Paytronix CEO
Vaccine Mandates Are A Lose-Lose For Frontline Restaurant Workers, Says Paytronix CEO
August 16, 2021  |  Economy

For a few months in late spring and early summer, the future was looking bright for restaurants. Newly vaccinated consumers were coming back for indoor...

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Biden Vets Saule Omarova To Lead OCC
Biden Vets Saule Omarova To Lead OCC
August 06, 2021  |  Personnel

U.S. President Joe Biden’s administration is vetting Cornell banking law professor Saule Omarova to take the leading role at the Office of the Comptroller of the...

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Crypto Tax Laws Slipped Into $1T Infrastructure Bill
Crypto Tax Laws Slipped Into $1T Infrastructure Bill
July 30, 2021  |  Cryptocurrency

The estimated $1 trillion bipartisan infrastructure bill could be partially funded by taxes levied on cryptocurrency and digital-asset transactions. Get the Full Story Complete the...

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Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
May 09, 2021  |  Legal & Regulation

U.S. Treasury Secretary Janet L. Yellen plans to name Michael J. Hsu the first deputy comptroller of the Office of the Comptroller of the Currency,...

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House Greenlights Biden COVID Bill
House Greenlights Biden COVID Bill
March 10, 2021  |  Economy

The U.S. House of Representatives gave the final OK on Wednesday (March 10) to the $1.9 trillion COVID-19 relief bill championed by President Joe Biden,...

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Stimulus Update: House Passes $1.9 Trillion Package; Now Goes To Senate
Stimulus Update: House Passes $1.9 Trillion Package; Now Goes To Senate
February 28, 2021  |  Economy

The U.S. House passed President Joe Biden’s COVID-19 pandemic relief bill, which will allot $1.9 trillion to various pandemic-related remedies like stimulus checks, unemployment and...

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US Senators Aim To Broaden Tax Credit For Employee Retention During Pandemic
US Senators Aim To Broaden Tax Credit For Employee Retention During Pandemic
February 26, 2021  |  Economy

U.S. Senators from both sides of the aisle are calling for Senate leaders to broaden an important economic aid provision as the chamber considers the...

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