Some politicians think they’ve found a silver bullet for the impasse over the debt limit, except the bullet is made of platinum: Mint a $1 trillion coin, token of all tokens, and use it to flood the treasury with cash and drive Republicans crazy.
President Joe Biden on Monday told Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit on their own, hoping to keep the U.S. government from coming dangerously close to a credit default as Senate Republican Leader Mitch McConnell refuses to lend his party’s help.
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.
President Joe Biden said on Saturday he was going to "work like hell" to get both an infrastructure bill and a multi-trillion-dollar social spending bill passed through Congress and plans to travel more to bolster support with Americans.
China's central bank declared on Friday that all cryptocurrencies are illegal, banning crypto-related transactions and cryptocurrency mining, according to Reuters.
The Biden administration is seeking to compel banks to report to the IRS any bank account with more than $600 in transactions per year. This proposal is a linchpin of Biden’s American Families Plan, and will supposedly help generate almost $500 billion in federal revenue over the next decade.
A lot of government agencies can propel their public-sector employees into high-paying private-sector gigs. Sitting squarely at the top of the list is the Treasury Department.
Some financial terminations due to 'reputational risk'
Senators Marco Rubio (R-FL) and Kevin Cramer (R-ND) sent a letter to U.S. Department of the Treasury on...
