House committee votes to make public Donald Trump’s tax returns
Trump’s campaign blasted the committee’s vote as a politically motivated attack.
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Lawmakers unveil $1.7T bill to avoid shutdown, boost Ukraine
Lawmakers worked to stuff in as many priorities as they could into the sprawling package, likely the last major bill of the current Congress. They are racing to complete passage before a midnight Friday deadline or face the prospect of a partial government shutdown going into the Christmas holiday.
Wells Fargo to pay $3.7B over consumer law violations
It’s the largest fine to date against any bank by the Consumer Financial Protection Bureau and the largest fine against Wells, which has spent years trying to rehabilitate itself after a series of scandals tied to its sales practices.
Jan. 6 committee’s criminal referrals: What they mean for Justice Department
A criminal referral is merely that: a referral. The Justice Department does not have to act on it.
Jan. 6 committee refers Trump to Justice Department for prosecution
The panel has recommended that the former president be charged with four crimes: inciting or assisting an insurrection, obstruction of an official proceeding of Congress, conspiracy to defraud the United States and conspiracy to make a false statement.
‘Fortnite’ maker Epic to pay $520M to settle FTC allegations
The Federal Trade Commission alleged that the company violated online child privacy laws and tricked players to making unintentional purchases.
Congress drops media bargaining bill amid Facebook, industry blowback
The move came a day after Facebook said it would “consider removing news from our platform” if lawmakers moved ahead with the measure, a threat that publisher groups denounced.
UPDATE: House votes to avert rail strike, impose deal on unions
The bill lawmakers are considering would impose a compromise labor agreement that was voted down by four of the 12 unions representing more than 100,000 employees at large freight rail carriers.
Installation incentives: New law provides push for homeowners, businesses to go green
Under the Inflation Reduction Act, signed into law by President Biden on Aug. 16, some consumers may qualify for more than $10,000 in rebates and tax credits for buying high-efficiency appliances and electric vehicles and other purchases to decrease their carbon footprints.
Republicans narrowly win House, ending full Democratic control of Congress
The coming shift in power—which in January will end two years of unified Democratic control in Washington—is sure to complicate the second half of President Joe Biden’s term.
Braun says decision near on Indiana governor run
U.S. Sen. Mike Braun of Indiana is approaching a decision about whether to make a run at replacing Gov. Eric Holcomb, who can’t seek reelection in 2024 because of term limits.
Biden set to expand methane emissions rules amid push for more oil
The supplemental rule comes as President Biden has accused oil companies of “war profiteering” and raised the possibility of imposing a windfall tax on energy companies if they don’t boost domestic production.
U.S. consumer inflation eases to 7.7% over past 12 months
Helping drive the inflation slowdown from September to October were used car prices, which dropped for a fourth straight month. Also down were the prices of clothing and medical care.
Biden paints oil firms as war profiteers, talks windfall tax
The president suggested he will look to Congress to levy tax penalties on oil companies if they don’t begin to invest some profits in lowering costs for American consumers. The president issued the warning just days before the Nov. 8 midterm elections.
Congress probes telecom giants’ tactics in U.S. internet aid program
A leading congressional committee opened a probe of AT&T, Charter, Dish Network, T-Mobile and Verizon on Wednesday, aiming to explore if these and other telecom giants are “abiding by the law” in administering a federal aid program.
EPA awarding $1B to nearly 400 school districts for electric buses
Six school districts in Indiana are among those that have been chose to to receive grants.
Schools got $122B to reopen last year. Most has not been used.
School systems throughout the country reported using less than 15 percent of the latest round of federal education funding allotted during the last school year. Meanwhile, education advocates worry students continue to fall behind academically.
Court temporarily blocks Biden’s student loan forgiveness
Attorneys for six Republican-led states are asking a federal appeals court to reconsider their effort to block the Biden administration’s program to forgive billions of dollars in student loan debt.
USDA announces $1.3 billion debt relief for 36,000 farmers
The federal government announced Tuesday a program that will help farmers who have fallen behind on loan payments or face foreclosure.
IRS wants millions to claim child tax credit, stimulus funds
The government said some families might be leaving up to $3,600 per child unclaimed, as well as other payments owed to them.