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Key House Democrat wants to ratchet up law aimed at Chinese companies listed on U.S. exchanges

Key House Democrat wants to ratchet up law aimed at Chinese companies listed on U.S. exchanges

by Rayna Song | Oct 27, 2021 | Business

WASHINGTON — Beijing’s refusal to allow U.S. government oversight of Chinese companies whose stocks are traded on American exchanges increases risks for investors, the chairman of a House Financial Services subcommittee said Tuesday as he backed changes to a new law...
Small Business owners urge Congress to fix labor shortages, supply chain disruptions, calling them a threat to expansion

Small Business owners urge Congress to fix labor shortages, supply chain disruptions, calling them a threat to expansion

by Rayna Song | Oct 20, 2021 | Business

WASHINGTON – Executives representing small businesses from home construction to candy manufacture told a House Small Business Subcommittee Wednesday that supply chain disruptions and labor shortages are hampering their efforts to grow their businesses. John C. Fowke,...
‘Retail redlining’ or small-business cost-saver? Lawmakers debate the impact of going cashless

‘Retail redlining’ or small-business cost-saver? Lawmakers debate the impact of going cashless

by Christina van Waasbergen | Oct 18, 2021 | Business

Businesses should not be allowed to refuse to accept cash because it hurts vulnerable populations, Democrats on a House Financial Services subcommittee said Thursday, as Republicans said using cash increases operating costs for small retailers. A bill co-sponsored by...
Slain journalist’s father asks Facebook to take down videos of her murder

Slain journalist’s father asks Facebook to take down videos of her murder

by Rayna Song | Oct 12, 2021 | Business, Featured

WASHINGTON — In August 2015, television reporter Alison Parker was live on air when a gunman approached her and killed her along with her cameraman Adam Ward. Despite multiple attempts from her father Andy Parker to take down videos of her final moments, people can...
Washington’s tourism industry faces shutdowns from COVID-19

Washington’s tourism industry faces shutdowns from COVID-19

by Olivia Olander | Mar 17, 2020 | Business, Featured

WASHINGTON — Reading a map with her back to the Washington Monument, Anne Basanese, a grandmother on vacation from Massachusetts, prepared herself to respond to the novel coronavirus by cutting her trip a day short. “We pushed our luck coming here and we’re...
Economic challenges and opportunity: United States and India struggle to lockdown multibillion dollar trade deal

Economic challenges and opportunity: United States and India struggle to lockdown multibillion dollar trade deal

by Rupa Palla | Mar 12, 2020 | Business, Featured

WASHINGTON – The economic relationship between the United States and India has grown under the leadership of President Donald Trump and Indian Prime Minister Narenda Modi, but the future of trade between the countries is uncertain. The U.S. goods and services...
Top government lawyer pushes to weaken consumer finance protect bureau

Top government lawyer pushes to weaken consumer finance protect bureau

by Joshua Irvine | Mar 3, 2020 | Business, SOTU2020, Topics

WASHINGTON –The federal government’s top lawyer argued Tuesday to reduce the power of the Consumer Finance Protection Bureau in a case before the Supreme Court that could strike down the independent regulatory agency as unconstitutional. Solicitor General Noel...
Bloomberg pushes plan for infrastructure funding

Bloomberg pushes plan for infrastructure funding

by Gregory Svirnovskiy and Janea Wilson | Jan 22, 2020 | Business, Campaign 2020, Featured

WASHINGTON – Democratic presidential candidate and former New York Mayor Mike Bloomberg emphasized the need to improve America’s infrastructure in a speech Wednesday at the Winter Meeting of the U.S. Conference of Mayors. In 2017, the American Society of Civil...
Three more Senate committees give favorable reports on USMCA

Three more Senate committees give favorable reports on USMCA

by Zamone "Z" Perez and Benjamin Rosenberg | Jan 15, 2020 | Business, Featured

WASHINGTON — The last three Senate committees considering the United States-Mexico-Canada Agreement approved it Wednesday, paving the way for a Senate vote on the Trump administration’s trade pact to replace NAFTA. Six Senate committees had to sign off on the massive...
Broadcasting diversity: House committee discusses media ownership

Broadcasting diversity: House committee discusses media ownership

by Olivia Olander and Rupa Palla | Jan 15, 2020 | Business, Featured, Topics

WASHINGTON – Women and people of color should once again receive a tax incentive to purchase broadcast TV and radio stations to diversify station ownership that is now substantially under 10 percent, members of the House Energy and Commerce Committee said Wednesday at...
Controversial Housing & Finance Nominee Wants Fannie, Freddie Reform

Controversial Housing & Finance Nominee Wants Fannie, Freddie Reform

by Leslie Bonilla | Feb 15, 2019 | Business, Politics

WASHINGTON — The Trump administration’s controversial nominee to lead the Federal Housing Finance Agency told senators Thursday that he wanted to reform Fannie Mae and Freddie Mac, two mortgage finance companies meant to make the housing market more stable and...
Economic experts advocate confronting inequality through redistribution

Economic experts advocate confronting inequality through redistribution

by Dan Rosenzweig-Ziff | Jan 31, 2019 | Business, Featured

WASHINGTON –– Economic redistribution is the solution to global inequality, according to International Monetary Fund researchers who gathered Thursday at the Peterson Institute for International Economics. “We’ve seen protest after protest over the past 20 years in...
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