Policy
Banks tout rewards for low-income cardholders in new ad
The Vault
Finance + Economy
Glimmers, but little else, for Congress’ stock trade ban
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Finance + Economy
After the FAA scramble, what’s left for economic policy?
The Vault
Finance + Economy
Learn how nonprofit leaders and some educational institutions have embraced AI as a tool to help set up young adults for success and assist older workers in gaining marketable skills.
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Introducing the Vault
Dive into Punchbowl News’ coverage of the pipeline from Washington to Wall Street. Get insights from top lawmakers, breaking news and expert analysis.
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Treasury locks in EV rules, angering critics
The Biden administration is out today with final rules for new electric vehicle tax credits, which quickly drew rebukes for granting some flexibility to automakers on using materials from China.
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Finance + Economy
Senate leaders committed to CCCA vote, Marshall says
Sen. Roger Marshall (R-Kan.) said he received a commitment from Senate leadership to hold a vote on the Credit Card Competition Act before the end of the 118th Congress.
The Vault
Senate out until Tuesday with no FAA deal in sight
There’s new uncertainty this morning about whether the Senate can pass the five-year FAA reauthorization bill before next Friday’s deadline.
Transportation
Waters pushes CFTC commissioner for senior Treasury gig
The top Democrat on the House Financial Services Committee sent a letter advocating for Commodity Futures Trading Commissioner Kristin Johnson to serve as the Treasury Department’s next assistant secretary of financial institutions.
The Vault
Finance + Economy
Democrats propose mortgage access bill, plus IRS updates on $60B
A pair of Democrats is out with a bill this week aimed at making mortgages more accessible for potential homebuyers who speak limited English.
The Vault
Finance + Economy
Latest stories
As AI reshapes the American workforce, read how policymakers in the White House and Capitol Hill are working to develop expertise to keep up with the speed of change.
Popular
After the FAA scramble, what’s left for economic policy?
The Republican resistance has been enough to block the Wyden-Smith tax bill from riding on FAA.
The Vault
Finance + Economy
Senate braces for turbulence on FAA reauthorization
Senate Minority Whip John Thune told us there are already as many as 20 requests for votes on amendments to the FAA bill, some of which aren’t directly related to the underlying legislation.
Senate
Glimmers, but little else, for Congress’ stock trade ban
That’s where the TRUST in Congress Act, another high-profile stock trading bill from Reps. Abigail Spanberger and Chip Roy, was referred.
The Vault
Finance + Economy
House GOP conservatives galvanize against Tony Gonzales
Rep. Tony Gonzales is making more enemies ahead of his primary runoff next month against conservative social media influencer Brandon Herrera.
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