The AP contributed to this report.
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In a bid to prevent a government shutdown, the House on Tuesday approved legislation extending federal funding through Dec. 4, just weeks before the fall's critical midterm elections. The deadline for action is more than two months away, but House GOP leaders are not leaving to chance another possible shutdown souring the mood of voters shortly bef...
The AP contributed to this report.
Dear Readers: We recognize that politics often intersect with the financial news of the day, so we invite you to click here to join the separate political discussion.
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WASHINGTON, July 21 (Reuters) - The Republican-controlled U.S. House of Representatives on Tuesday passed a short-term measure to avert a possible government shutdown ahead of the November midterm elections by funding federal agencies through December 4. The vote sends the stopgap, known as a continuing resolution, to the Senate, where Republican leaders are exploring their own short-term funding
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The House of Representatives adopted Rep. Andy Biggs’s (R-Ariz) amendment into the annual National Defense Authorization Act (NDAA) that would cut the defense budget by 0.5 percent if the Pentagon fails an audit. The chamber greenlit Biggs’s measure via voice vote Tuesday evening, which states that if any component of the Pentagon does not receive either an…
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I have spent more than a decade testifying about fiduciary duty in federal and state courtrooms. The standard is not complicated. If you hold someone else’s money, you owe that person undivided loyalty, prudent judgment, and, at a minimum, your presence when the subject is how their money got stolen. Miss that standard as an […]
The White House has agreed to an ethics provision in a cryptocurrency regulation bill amid a final push to pass the legislation in the Senate. The provision would bar all federal officials from offering or issuing digital assets, with the Department of Justice (DOJ) tasked with enforcing the measure, an industry source told The Hill…