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Credit Suisse still helping Americans dodge taxes, Senate panel says
The committee uncovered 'major violations' of the $2.6 billion plea deal Credit Suisse reached with the Justice Department in 2014, according to a report.
GOP senators amping up efforts to rein in BlackRock, State Street, Vanguard on ESG issues
Report says the asset managers are using their stakes in public companies to cast proxy votes that favor a ‘liberal political agenda.’
House Democrats pushing for SALT say they will vote for Biden tax bill
Representatives Josh Gottheimer, Tom Suozzi and Mikie Sherrill, who have led efforts to include an increase to the $10,000 cap on deductions for state and local tax, will support bill.
Sweeping US crypto legislation targets stablecoins, mining
While chances of passage are slim ahead of November’s midterm elections, it could act as a starting point for negotiations next year.
Razor-thin majority in Senate endangers Biden’s agenda
The twin wins give Democrats operational control of the Senate, which is split 50-50s. While Democrats claim the majority because of the tie-breaking vote of Vice President-elect Kamala Harris, they hardly have free rein to advance legislation.