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‘A slow and subtle corruption of confidence in government’: How the push for stronger ethics rules in Congress is routinely derailed

‘A slow and subtle corruption of confidence in government’: How the push for stronger ethics rules in Congress is routinely derailed

by Julian Andreone | Dec 6, 2023 | Business, Featured, Politics, Topics

WASHINGTON – Many of them have become household names: Rep. George Santos, Sen. Bob Menendez, former Rep. Charlie Rangel. The list goes on. Members of Congress facing allegations of engaging in brazen corruption often land in the center of very public scandals, then...
Supreme Court case over SEC judges could have wider implications for agencies’ legal powers

Supreme Court case over SEC judges could have wider implications for agencies’ legal powers

by Matthew Vega | Dec 5, 2023 | Business, Featured

WASHINGTON — A case that the Supreme Court heard last week has many in business, and government legal circles worried about how far the court will go in limiting a key enforcement mechanism that the Securities and Exchange Commission regularly uses to go after fraud....
A High Court Homecoming: Latest Supreme Court ethics concern centers on former clerks returning as attorneys before the justices who mentored them

A High Court Homecoming: Latest Supreme Court ethics concern centers on former clerks returning as attorneys before the justices who mentored them

by Julian Andreone | Dec 5, 2023 | Business, Featured, Politics

WASHINGTON — The Supreme Court has recently come under fire for a host of ethical issues revolving around gift disclosures, privately funded travel, forgiven loans and other financial conflicts of interest. But one such matter has flown under the radar: when former...
Supreme Court hears case to determine whether non-bankrupt shareholders can use bankruptcy law to circumvent lawsuit liability

Supreme Court hears case to determine whether non-bankrupt shareholders can use bankruptcy law to circumvent lawsuit liability

by Julian Andreone | Dec 5, 2023 | Business, Featured

WASHINGTON — The Supreme Court heard oral arguments Monday in a case drawing widespread interest and close attention due to its involvement of the infamous Sackler family, who launched the painkiller OxyContin in 1996 and bear significant responsibility for fueling an...
Senators debate CFPB effectiveness in protecting consumer interests and stimulating economic growth

Senators debate CFPB effectiveness in protecting consumer interests and stimulating economic growth

by Julian Andreone | Nov 30, 2023 | Business, Featured

WASHINGTON — Senators discussed the Consumer Financial Protection Bureau’s role in preventing recessions by regulating banks and financial institutions and debated whether the agency is operating within its jurisdiction in a Senate Committee on Banking, Housing, and...
Military veteran entrepreneurs, startup owners call for increased financial support from federal, local business associations

Military veteran entrepreneurs, startup owners call for increased financial support from federal, local business associations

by Pavan Acharya | Nov 16, 2023 | Business, Featured

WASHINGTON — Veterans’ advocates on Wednesday expressed wide support for a recently introduced piece of legislation that aims to reduce fees for military veterans starting small businesses. At a Wednesday Senate Small Business and Entrepreneurship Committee hearing,...
Biden administration releases figures showing successes of infrastructure spending

Biden administration releases figures showing successes of infrastructure spending

by Matthew Vega | Nov 15, 2023 | Business, Featured

WASHINGTON — Members of the Biden administration on Tuesday outlined the successes of the Bipartisan Infrastructure Law, legislation that allocates $1.2 trillion toward transportation, energy, and climate projects over the next several years.  The legislation, enacted...
Bipartisan lawmakers urge regulators to ensure updated merger policies don’t harm businesses, consumers

Bipartisan lawmakers urge regulators to ensure updated merger policies don’t harm businesses, consumers

by Casey He | Nov 14, 2023 | Business, Featured, Topics

WASHINGTON – Legislators from both sides of the aisle told Assistant Attorney General Jonathan Kanter on Tuesday that they have concerns over the Department of Justice’s draft merger guidelines. “We need to make sure that no intended consequences are actually created,...
Republicans balk as Democrats urge more IRS funding to combat tax fraud

Republicans balk as Democrats urge more IRS funding to combat tax fraud

by Rachel Schlueter | Nov 13, 2023 | Business, Featured, Politics

WASHINGTON – Democratic senators urged Congress at a Senate Finance Committee hearing on Thursday to provide more funding to the Internal Revenue Service so that greater scrutiny can be applied to ultra-wealthy Americans who exploit tax loopholes. Last week,...
Small businesses detail complaints over high costs of Biden-era energy regulations

Small businesses detail complaints over high costs of Biden-era energy regulations

by Matthew Vega | Nov 8, 2023 | Business, Featured

WASHINGTON — Small business owners and legal experts told lawmakers on Wednesday that new regulations by the Department of Energy have drastically increased their costs for doing business, which in turn have piled on expenses for consumers and forced homebuyers out of...
Senators scrutinize scale of wealthy tax cheats and ways to increase IRS effectiveness in collecting funds

Senators scrutinize scale of wealthy tax cheats and ways to increase IRS effectiveness in collecting funds

by Julian Andreone | Nov 8, 2023 | Business, Featured

WASHINGTON — Senators condemned the loopholes some of the wealthiest Americans have used to avoid and evade paying taxes and sparred over the best ways to maximize IRS effectiveness during a Budget Committee hearing on Wednesday. Democrats on the committee argued that...
Meta whistleblower, bipartisan senators call for social media regulation

Meta whistleblower, bipartisan senators call for social media regulation

by Casey He | Nov 7, 2023 | Business, Featured

WASHINGTON – Testimony from a Meta whistleblower on the company’s reluctance to act on online safety and privacy led to a rare bipartisan push for legislation to protect children’s online safety and privacy Tuesday.  “Meta knows the harm kids experience on their...
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