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IRS chief touts bigger refunds as lawmakers grill him on privacy violations

IRS chief touts bigger refunds as lawmakers grill him on privacy violations

by Dasha Dubinina | Mar 5, 2026 | Business, Featured, Politics

WASHINGTON –  Chief Executive Officer of the Internal Revenue Service Frank Bisignano on Wednesday celebrated bigger refunds for American taxpayers, while lawmakers criticized Bisignano’s for exposing tens of thousands of U.S. taxpayers’ private information.  “This is...
As Section 230 turns 30, AI emerges as new fault line in online speech debate

As Section 230 turns 30, AI emerges as new fault line in online speech debate

by André Hiroki | Feb 27, 2026 | Business, Featured

WASHINGTON — As Section 230 marks its 30th anniversary, legal and technology experts warned Thursday that excluding generative artificial intelligence from the law’s protections could dramatically reshape online speech. Enacted as part of the Communications Decency...
U.S. launches “Pax Silica” coalition to counter China’s commercial dominance

U.S. launches “Pax Silica” coalition to counter China’s commercial dominance

by Anisha Iqbal | Feb 25, 2026 | Business, Featured

WASHINGTON –– The Trump administration announced Tuesday they plan to formalize a new economic security coalition designed to counter China’s dominance in rare minerals and artificial intelligence infrastructure. “The nation that controls the industrial foundation of...
IMF executive board will soon consider a new $8.2 billion program for Ukraine

IMF executive board will soon consider a new $8.2 billion program for Ukraine

by Dasha Dubinina | Feb 19, 2026 | Business, Featured

WASHINGTON – The International Monetary Fund was prepared to bring Ukraine’s $8.2 billion loan package to its executive board within days, after the war-ravaged country met requirements and secured other financing assurances from partner nations, the IMF’s top...
Energy officials remain optimistic on AI data centers while electricity rates climb

Energy officials remain optimistic on AI data centers while electricity rates climb

by Clara Martinez | Feb 12, 2026 | Business, Featured

WASHINGTON — Growing energy consumption from AI data centers dominated the agenda at the National Association of State Energy Officials’ 2026 Energy Policy Outlook Conference last week.  Commissioner of the Federal Energy Regulatory Commission Judy Chang said...
Economists clash over price controls in addressing affordability challenges

Economists clash over price controls in addressing affordability challenges

by Dasha Dubinina | Feb 11, 2026 | Business, Featured

WASHINGTON — As Americans struggle with the affordability crisis, a panel of top Democratic‑aligned economists at the Center for American Progress on Tuesday debated whether price controls should be the centerpiece of an affordability agenda. The think tank gathered...
Tesla, Waymo execs testify in Senate’s self-driving vehicles debate

Tesla, Waymo execs testify in Senate’s self-driving vehicles debate

by Melody Xu | Feb 4, 2026 | Business, Featured

WASHINGTON — Lawmakers questioned Tesla and Waymo executives about the safety and privacy of their self-driving cars at a Senate Commerce, Science, & Technology Committee hearing Wednesday. Rules on self-driving cars currently differ state-to-state, and lawmakers...
Antitrust hearing on Netflix-Warner Bros. acquisition becomes partisan debate over ‘wokeness’ in entertainment

Antitrust hearing on Netflix-Warner Bros. acquisition becomes partisan debate over ‘wokeness’ in entertainment

by André Hiroki and Clara Martinez | Feb 4, 2026 | Business, Featured

WASHINGTON — A Senate antitrust hearing on Netflix’s proposed $83 billion acquisition of Warner Bros. Discovery began Tuesday with debate on market power, labor competition and consolidation in the entertainment industry — before exploding into a partisan fight over...
Fed Chair Jerome Powell deflects political questions as interest rates remain unchanged

Fed Chair Jerome Powell deflects political questions as interest rates remain unchanged

by Clara Martinez | Jan 29, 2026 | Business, Featured

WASHINGTON – The Federal Open Market Committee announced that the federal funds rate will remain at 3.5-3.75% on Wednesday. In his first press conference since the Department of Justice opened a criminal investigation into renovation spending, Federal Reserve Chairman...
Repubs, Dems support lowering housing costs, divided on policy reform

Repubs, Dems support lowering housing costs, divided on policy reform

by Clara Martinez | Jan 22, 2026 | Business, Featured

WASHINGTON – House Oversight and Government Reform subcommittee Chairman Eric Burlison, R-Miss., blamed rising home prices on a supply issue, which he claimed is caused entirely by government policy during a hearing on Thursday. “That is not a failure of the free...
HUD secretary testifies as House reps press on housing affordability, oversight

HUD secretary testifies as House reps press on housing affordability, oversight

by André Hiroki | Jan 21, 2026 | Business

WASHINGTON — Lawmakers pressed Housing and Urban Development Secretary Scott Turner on oversight of federal housing programs and the Federal Housing Administration during a House Financial Services Committee hearing on Wednesday, as housing affordability remains a...
Demands for Fed independence overtake House committee task force on monetary policy

Demands for Fed independence overtake House committee task force on monetary policy

by Clara Martinez | Jan 15, 2026 | Business, Featured

WASHINGTON – In a House Financial Services committee hearing Wednesday, representatives repeatedly criticized  the Trump administration’s criminal charges against Federal Reserve Chair Jerome Powell.  Although the Task Force on Monetary Policy, Treasury Market...
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