We’ve previously reported on the incredibly intrusive reporting requirement in the Build Back Better bill — requiring banks to report about any accounts that have transactions...
Financial experts are pushing back against the Biden administration's proposal to include a provision in the $3.5 trillion spending bill to extend the IRS' reach to have bank transactions over $600 reported. The Democrats’ goal is to garner $463 billion in additional personal income tax over the next decade.
An associate of Hunter Biden shuffled money between his and President Joe Biden’s bank accounts while Joe served as vice president of the United States, new emails show.
The Washington Post, the Guardian and 150 other news outlets have obtained access to 11.9 million “confidential files” on offshore bank accounts and companies in 200 countries, melodramatically dubbed “the Pandora Papers," the next in a series of illegal hacks released to damage certain companies and high-profile figures after the “Panama Papers” and “Paradise Papers," among others.
Many of the world’s largest apps and websites, including for banks and airlines, faced a cascade of outages all in the space of a few hours, prompting panic among netizens as some demanded to know who broke the internet.
Joe Biden has had quite the run of insane nominees since taking office, from David Chipman, the rabid anti-gun conspiracy theorist who wasn’t confirmed, to Tracey Stone-Manning, the former eco-terrorist who was. But the president’s latest choice may take the cake.
Following revelations that Federal Reserve officials made trades in financial assets while the Fed was taking extraordinary efforts to “stimulate” the economy, Federal Reserve Chairman Jerome Powell ordered a review of the Fed’s ethics rules.
A letter signed by more than 40 trade associations calls on Congress to reject the proposal, saying it violates customer privacy and would create an incredibly expensive and elaborate reporting requirement for banks.
