Power plants must cut pollution crossing state lines, under new EPA standards
The new standards, announced by the Environmental Protection Agency, are intended to place tighter constraints on air pollution from 23 states, including Indiana.
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U.S. government moves to stop potential banking crisis
In a sign of how fast the financial bleeding was occurring, regulators announced that New York-based Signature Bank had also failed and was being seized on Sunday.
Does daylight saving time result in lower energy bills?
The notion of keeping the lights off for longer has always been linked with daylight saving time. But more recently, research has emerged to challenge the DST premise.
Biden calls for trillions in tax hikes, new domestic spending
The president’s budget calls for more than $2 trillion on dozens of new domestic policy initiatives, paid for by more than $4.5 trillion in new revenue, primarily through hefty tax hikes on high earners and large corporations.
Permanent daylight saving time: The clock is ticking in Congress
“Spring forward” and “fall back” irk many Americans, but they don’t agree on an alternative. Once again, Congress is debating the issue.
Lawmakers hear theories on COVID-19 origins in U.S. House hearing
Democrats and Republicans mostly agreed Wednesday that scientists and the intelligence community should fully investigate the origins of COVID-19 without political interference over whether the virus emerged from nature or through a lab leak.
Congress members warned of significant health data breach
A broker on an online crime forum claimed to have records on 170,000 DC Health Link customers and was offering them for sale for an unspecified amount.
Biden budget aims to cut deficits nearly $3T over 10 years
The proposal would seek to close the “carried interest” loophole that allows wealthy hedge fund managers and other to pay their taxes at a lower rate.
Safety agency opens probe of Norfolk Southern rail accidents
Federal investigators are opening a wide-ranging investigation into one of the nation’s biggest railroads following a fiery derailment on the Ohio-Pennsylvania border last month and several other accidents involving Norfolk Southern.
Biden proposes new taxes on rich to help fund Medicare
The proposed hike would likely increase tax revenues by more than $117 billion over 10 years, according to estimates by the Tax Policy Center.
Powell: Rate hikes could accelerate if economy stays strong
Most economists and Wall Street investors had expected the Fed to carry out another quarter-point increase when it next meets March 21-22. But in recent days, traders have been pricing in a greater likelihood of a half-point increase.
Biden expected to tighten rules on U.S. investment in China
The expected action is the latest effort by the White House to target China’s military and technology sectors at a time of increasingly fraught relations between the world’s two biggest economies.
IRS braces for the unthinkable: A normal tax season
After its controversial funding boost, the agency is answering 90 percent of its phone calls, has squashed its backlog of overdue returns, introduced new online taxpayer tools to keep pace with private software companies and processed 99.7 percent of returns filed this tax season, according to agency reports.
Toxic ‘forever chemicals’ about to get their first US limits
But experts say removing them will cost billions, a burden that will fall hardest on small communities with few resources.
Biden pushes for $1.6B funding for pandemic fraud measures
The White House is calling for money and more time to prosecute cases, to put into place new ways to prevent identity theft and to help people whose identities were stolen.
Biden set for first veto on Senate bill opposing climate-related investing
The Senate passed the measure after Sens. Jon Tester, D-Mont., and Joe Manchin III, D-W.Va., crossed party lines and joined the Republicans.
Republicans seize on train derailment to go after Buttigieg
The Transportation Department does not have primary responsibility for the cleanup, and Buttigieg and his supporters are firing back, suggesting the GOP has other motives for its focus on him.
Ex-U.S. Rep. Buyer of Indiana goes on trial over stock buys
The former representative for Indiana’s 4th Congressional District is accused of illegally garnering stock windfalls by exploiting his consulting clients’ corporate secrets years after he left Congress.
Biden taps Julie Su to lead Labor Department
Su quickly emerged as a clear favorite of organized labor and the Democratic Party establishment in recent weeks after Marty Walsh announced his resignation from the post.
FBI director says COVID-19 ‘most likely’ originated from lab incident
Christopher Wray’s statement follows a Department of Energy analysis for a new government-wide intelligence assessment that a lab accident in Wuhan was most likely responsible for the deadly pandemic.