The U.S. Internal Revenue Service needs more and consistent funding to help close a "tax gap" that is leaving perhaps more than $1 trillion in legally owed taxes uncollected every year, IRS Commissioner Charles Rettig said on Tuesday.
(In first paragraph, fixes hyperlink to story)
FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start of Thursday s trading session in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar
WASHINGTON (Reuters) -U.S. President Joe Biden s interim financial regulators are using a range of legal tools to quickly unravel here contentious measures passed under former President Donald Trump s administration, focusing on environmental, social and governance (ESG) issues, fair lending, and consumer protection.
Here are some of the key changes:
DEPARTMENT OF LABOR ESG RULES
Last month, the DOL said here it would not enforce a pair of highly contentious rules which curbed investments and shareholder votes based on ESG factors.
By Reuters Staff
4 Min Read
WASHINGTON (Reuters) - The race to succeed the only sitting U.S. congressman to have died from COVID-19 has drawn a free-for-all of 23 candidates in a Republican-leaning district of north Texas, where Democrats have made gains in recent years.
FILE PHOTO: The U.S. flag flies in front of the Capitol Dome at the U.S. Capitol in Washington, U.S., September 12, 2017. REUTERS/Joshua Roberts
Representative Ron Wright, a Republican, succumbed to COVID-19 in February. The May 1 special election to replace him will be the first test of the Texas electorate, where Democrats hope to advance, since President Joe Biden’s 2020 election victory.
6 Min Read
WASHINGTON (Reuters) -President Joe Biden could find himself under pressure on Monday to prove his much-touted interest in working with Republicans in Congress, as lawmakers return from their spring break to grapple with his $2.3 trillion proposal to improve U.S. infrastructure.
FILE PHOTO: U.S. President Joe Biden holds first Cabinet meeting at the White House in Washington, U.S., April 1, 2021. REUTERS/Tom Brenner
The Democratic president appears to be losing political capital with a group of Senate Republicans, including Susan Collins and Mitt Romney, who may represent his best chance of enacting legislation garnering the support of both parties.
Tom Williams/Getty Images
Former GOP House Speaker John Boehner doubled down on his criticism of Sen. Ted Cruz on Monday.
Boehner said he zeroed in on Cruz because the senator was stirring up some of the crazies in my own caucus.
The former speaker even added in the audiobook of his memoir: PS, Ted Cruz, go f - yourself.
Former Republican House Speaker John Boehner doubled down on his criticism of Sen. Ted Cruz, a Texas Republican, on Monday.
Boehner told CBS News that he singled Cruz out, calling him dangerous and a reckless a hole, in his forthcoming book, On the House: A Washington Memoir, because Cruz had amplified divisions within the GOP House caucus.