Tag: Political

Less than 3% of the roughly 30 million small-business owners in the United States could face tax increases under President Joe Biden’s jobs and infrastructure plan, according to a new analysis by the White House on Friday.The White House has been seeking to leverage the support and political popularity of small-business owners in its fight…

Japan’s government is not considering crafting a supplementary budget to respond to the coronavirus pandemic immediately given there’s still money left to tap in the emergency budget reserve, Finance Minister Taro Aso said on Friday.Earlier in the day, the cabinet decided to spend 512 billion yen ($4.67 billion) in the budget reserve to secure coronavirus…

Former Canadian Finance Minister Bill Morneau breached conflict-of-interest rules by not recusing himself when the government awarded a contract to a charity he had close ties to, independent ethics commissioner Mario Dion said on Thursday.In a parallel probe, Prime Minister Justin Trudeau was cleared of having broken any ethics rules when WE Charity was tapped…

The U.S. Department of Labor on Thursday delayed until November 2022 the effective date of a Trump administration rule significantly raising the minimum wages employers must pay to highly skilled H-1B visa holders.DOL in the rule said that putting off the new wage rates for 18 months “will provide a sufficient amount of time to…

The United States and Russia are lowering expectations for big breakthroughs at a superpower summit between U.S. President Joe Biden and Russian President Vladimir Putin, with the adversaries in no mood to make concessions on their bitter disagreements.The summit details – location, time and agenda – are still being negotiated by the two sides with…

Former White House counsel Don McGahn agreed Wednesday to speak with the House Judiciary Committee about former President Trump’s alleged attempts to obstruct the Russia investigation — with certain conditions, per a court filing.Why it matters: The agreement ends a two-year standoff after McGahn, a key player in former special counsel Robert Mueller’s investigation, repeatedly…

Prime Minister Boris Johnson on Wednesday apologised “unreservedly” on behalf of the British government for the deaths of 10 innocent people killed in a 1971 incident in Belfast during a British Army operation.A judge-led inquiry on Tuesday found that British soldiers unjustifiably shot or used disproportionate force in the deaths of nine of the 10…

The Senate Commerce Committee approved Lina Khan’s nomination to the U.S. Federal Trade Commission in a voice vote on Wednesday, setting the stage for an advocate of breaking up tech giants like Google (GOOGL.O) to join the agency.Khan, a veteran of the FTC and Capitol Hill who teaches at Columbia Law School, is highly respected…

Iran’s hardline former president Mahmoud Ahmadinejad on Wednesday registered to run again in an election in June which is being seen as a test of the legitimacy of the country’s clerical rulers.Vilified in the West for his questioning of the Holocaust, Ahmadinejad had to step down in 2013 because of term limit rules, when incumbent…

The U.S. Senate voted on Tuesday to repeal a regulation introduced during former President Donald Trump’s administration that Democrats say allows predatory lenders to skirt state consumer protections.