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Lawmakers, witnesses convene amid government shutdown to debate reform of cryptocurrency tax code

Lawmakers, witnesses convene amid government shutdown to debate reform of cryptocurrency tax code

by Avigna Ramachandran | Oct 2, 2025 | Business, Featured

WASHINGTON – The Senate Finance Committee debated the fairness and transparency of current cryptocurrency tax policy on Tuesday, seeking to advance President Donald Trump’s agenda of global leadership in the industry.  The hearing proceeded on the first day of the...
Trump tariff delays cause market uncertainty, experts say

Trump tariff delays cause market uncertainty, experts say

by Desiree Luo | Oct 2, 2025 | Business, Featured

WASHINGTON — Tariff uncertainty and delays have become the norm under the Trump administration.  President Donald Trump announced a 100% import tax on pharmaceutical drugs Sept. 25. He also proposed levies on select kitchen cabinets, upholstered furniture and trucks...
Kimmel show fallout prompts concerns over free speech, FCC influence in broadcasting

Kimmel show fallout prompts concerns over free speech, FCC influence in broadcasting

by Avigna Ramachandran | Sep 24, 2025 | Business, Featured

WASHINGTON – Jimmy Kimmel returned to the air Tuesday night after Disney-owned ABC suspended the late-night show following his remarks on the assassination of conservative activist Charlie Kirk and Federal Communications Commission Chair Brendan Carr’s threats to the...
SALT debate lies ahead for Congress as high-tax state residents and reps look for tax relief

SALT debate lies ahead for Congress as high-tax state residents and reps look for tax relief

by Sarah Serota | Mar 21, 2025 | Business, Featured

Before tax accountant Jack Hahne moved from Atlanta to New York City in 2022, the state and local tax deduction cap, commonly known as the SALT deduction cap, hardly concerned him.  “I was making a little bit less money, so it wasn’t something I was particularly...
A penny for your thoughts: what’s next for the one-cent coin?

A penny for your thoughts: what’s next for the one-cent coin?

by Jeremy Fredricks | Mar 13, 2025 | Business, Featured, Politics

WASHINGTON — President Donald Trump proposed removing the penny from U.S. circulation in February.  The one cent coin costs the U.S. Mint about 3.7 cents to make. Will discontinuing the coin contribute to higher costs and inflation or save the government millions of...
Strategic bitcoin reserve signals Trump administration’s increased loyalty to cryptocurrency industry

Strategic bitcoin reserve signals Trump administration’s increased loyalty to cryptocurrency industry

by Sarah Serota | Mar 13, 2025 | Business, Featured, Politics

On the campaign trail, President Donald Trump made a promise to the cryptocurrency entrepreneurs that they have not forgotten: a pledge to be the first “crypto president.”  Last week, Trump took his latest in a string of actions to align himself with the digital asset...
Sec. of Labor nominee backtracks on former pro-union stance

Sec. of Labor nominee backtracks on former pro-union stance

by Jorge Martinez and Lenna Peterson | Feb 19, 2025 | Business, Featured, Politics, Topics

WASHINGTON — President Donald Trump’s pick for Secretary of Labor backpedaled her previous support for repealing right-to-work laws. Senators pressed nominee Lori Chavez-DeRemer, a former GOP congresswoman, about a pro-union bill she co-sponsored during her time in...
Digital asset industry advocates against ‘regulation by enforcement’

Digital asset industry advocates against ‘regulation by enforcement’

by Sarah Serota | Feb 14, 2025 | Business, Featured, Topics

WASHINGTON – House Republicans pressed to overhaul how the Securities and Exchange Commission regulates cryptocurrency at a hearing Tuesday, aligning themselves with the pro-cryptocurrency agenda President Donald Trump championed during the first few weeks of his...
Fed to hold rates steady, entering wait-and-see mode

Fed to hold rates steady, entering wait-and-see mode

by Sarah Serota | Jan 29, 2025 | Business, Featured

WASHINGTON – After three consecutive rate cuts, Federal Reserve Chair Jerome Powell announced Wednesday the  Fed will hold the federal funds rate constant at 4.25-4.50%.  During its first meeting of 2025, the Fed decided it would not act amidst “somewhat elevated”...
Commerce Nominee Lutnick defends Trump tariffs, promises to divest from business interests

Commerce Nominee Lutnick defends Trump tariffs, promises to divest from business interests

by Lenna Peterson | Jan 29, 2025 | Business, Featured

WASHINGTON – Howard Lutnick, billionaire CEO and co-chair of the Trump/Vance transition team, vowed to use his position as commerce secretary to implement the new administration’s tariff policies in a confirmation hearing Wednesday.  Vice President JD Vance...
Trump meme coin presents volatile investment alongside ethics concerns

Trump meme coin presents volatile investment alongside ethics concerns

by Sarah Serota | Jan 23, 2025 | Business, Featured

Friday night Ogle’s head pounded, so much so that he swore off working for the rest of the night. Then, a friend messaged him that President Donald Trump just launched a cryptocurrency. He decided to invest big in the coin and, ignoring his headache, stayed up until...
Treasury Secretary nominee Scott Bessent pushes for tariffs and tax cuts during hearing

Treasury Secretary nominee Scott Bessent pushes for tariffs and tax cuts during hearing

by Sarah Serota | Jan 16, 2025 | Business, Featured

WASHINGTON–Treasury Secretary nominee Scott Bessent started his confirmation hearing testimony Thursday by recounting growing up with financial hardships in Little River, South Carolina.  “My life has been an only-in-America story that I am determined to preserve for...
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