State regulators have their own stablecoin worries
Tina Smith is ‘hell-bent’ on housing reform, Trump or no
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Treasury decides Tornado Cash isn’t so bad
The Treasury Department announced it would lift sanctions against Tornado Cash, a decentralized crypto enterprise that the Biden administration once described as a “notorious” vector for money laundering.
Card advocates hit Marshall on Kansas airwaves
Advocates opposing credit card reform have launched a radio spot in Kansas targeting Sen. Roger Marshall for supporting the CCCA.
Crypto companies pick up tax help
After the 2021 law, the Biden administration kept coming up with new crypto taxes. But now, the climate is far friendlier with Republicans in power.
Cabinet secretaries send mixed signals on CDFIs
Two cabinet secretaries appeared to walk back plans to “eliminate” a Treasury Department organization that funds CDFIs.
R&D’s tango with the tax bill
One of companies’ biggest goals in Republicans’ tax bill is reviving the full, upfront deduction for research and development spending — finally.
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NAM members headed to D.C. in a big week for tax meetings
The National Association of Manufacturers is having a fly-in focused on pushing the group’s priorities in Republicans’ reconciliation bill.
Another warning sign in FL-6: A massive cash disparity
Senior Republican officials say that GOP candidate Randy Fine is lackluster, and Josh Weil, the Democrat, is gaining ground.
Schiff pushes resolution condemning Trump’s Ed. Dept. move
Schiff’s resolution has 16 cosponsors so far and is aligned with Rep. Suzanne Bonamici’s companion resolution in the House.
Cruz leads the way on Mexican water dispute
Sen. Ted Cruz is leaning into a foreign policy dispute, accusing the Mexican government of violating a treaty requiring water shipments to U.S. farmers.