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“# Treasury attempts to squeeze further crypto-related data sharing provisions in budget bill: Roll Call ” U.S. Department of the Treasury will reportedly push to extend the reach of new rules designed to govern the cryptocurrency space. Closely following the infrastructure package freighted with last-minute crypto taxation provisions is the upcoming budget reconciliation bill that…
“# Crypto, Congress and the Commission: What’s next for the ‘Wild West’? ” The entire cryptocurrency industry is waking up to a new reality. Politicians and regulators have decided to wade into the space, which had flown mainly under their radar until now. A House committee chair is launching a working group; the Securities and…
“# Let’s be clear: Blockchain technology is infrastructure ” In recent weeks, the blockchain industry made headlines as it engaged in intense discussions with lawmakers after a $28 billion crypto tax reporting proposal unexpectedly became part of the Bipartisan Infrastructure Deal (BID). Ultimately, the BID language was unchanged, leaving uncertainty for the companies that build on…
“# Congress has put forward 18 bills on digital assets in 2021 so far ” The United States Congress appears to be pushing for greater regulatory clarity regarding crypto assets, having proposed18 bills concerning blockchain and cryptocurrency during 2021 so far. According to analysis published by former Federal Deposit Insurance Corporation regulator, Jason Brett, on…
“#Great census news is a sign that NY’s future will be brighter than ever” Friday’s census numbers show that New York City’s population swelled to a record 8.8 million in 2020, up 7.7 percent from 2010. That’s proof of Gotham’s continued vitality, despite COVID — and reason to believe the best is yet to come…
“#Team Biden’s new Centers for Disease and Rent Control” The slogan above The Washington Post’s banner captures the Left’s view of the allegedly authoritarian Donald J. Trump’s presidency: “Democracy dies in darkness.” It’s now time for a new credo, given the recent actions of President Joe Biden and his party: “Democracy dies in broad daylight.” The…
“#Rand Paul’s wife bought stock in COVID treatment firm last year” Sen. Rand Paul revealed Wednesday in a disclosure that was more than a year overdue that his wife in February 2020 bought up to $15,000 worth of shares in Gilead, a biotech company that brought to market the first drug designed to treat COVID-19….
“#Ex-Rep. Denver Riggleman joining Jan. 6 committee as adviser” Former GOP Congressman Denver Riggleman announced late Friday he will join the House select committee examining the deadly Jan. 6 riot at the US Capitol as a senior technical adviser. Riggleman, a former Air Force officer who represented Virginia’s 5th District for a single term before…
“#Nancy Pelosi confident Democrats can keep House in 2022 midterms” House Speaker Nancy Pelosi is expressing confidence in Democrats’ ability to retain the majority in 2022 — despite the head of the Democratic Congressional Campaign Committee warning members that they are falling behind in the polls. “I’m very confident that we will win the House,”…
“#Drunk driving alert, hot car monitors may be required under $1T bill” Drunk driving ignition locks may become standard on all cars in the next few years under one of the provisions baked into the $1 trillion federal infrastructure bill. The 2,702-page bill under negotiation also includes a provision that would require manufacturers to equip…