Washington Financial News

31.03 / 09:41

Blockchain CEO Injustice Future Leading with Vision and Purpose: Eric Benz on the Future of the Cannabis Industry

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31.03 / 07:59

regulation New York State Texas Blockchain Adoption Washington state passes bill aiming to expand local blockchain adoption

Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.

29.03 / 17:31

Waves Fighting Highways Business, Highway Lobbies Fight Gas-Tax Holidays

WASHINGTON—Construction and business groups are trying to hold back a wave of state and federal gas-tax decreases that they say could jeopardize much-needed road and bridge improvements, including projects to be funded by last year’s $1 trillion bipartisan infrastructure law.

29.03 / 16:13

Biden’s Budget Calls for Increase in Defense Spending, Including Funds for Ukraine

WASHINGTON—President Biden called for the largest-ever level of military spending and increased funding for law enforcement in a $5.8 trillion budget, playing down his proposals for expanding social programs in favor of backing initiatives generally favored by centrist lawmakers.

29.03 / 15:53

Deal International Biden’s Budget Would Reshape His International Tax Plan to Match Global Deal

WASHINGTON—President Biden’s proposed 2023 budget changes a key piece of his international tax plan, moving away from a prior, harsher proposal and toward an evolving international standard for enforcing the global minimum-tax agreement.

29.03 / 13:39

Art Wagner Russia planning to deploy 1,000 Wagner mercenaries to eastern Ukraine, says UK's defence ministry

A private Russian military contractor that has been accused of human rights abuses has deployed to eastern Ukraine, according to Britain’s Ministry of Defence.

27.03 / 19:05

European Union Refugees Deal US to maintain sanctions on Iran's Revolutionary Guard even if nucelar deal is reached

US Secretary of State Antony Blinken has promised Washington will work alongside its allies to stop Iran from producing nuclear weapons.

25.03 / 21:59

Southern In America’s No. 1 Inflation Hotspot, Democrats Face Restive Voters

SCOTTSDALE, Ariz.—This year, with Democrats seeking to defend a narrow Washington majority, will see the first national election since Ronald Reagan defeated Jimmy Carter in 1980 where inflation will be a major issue.

25.03 / 11:25

renewable energy Biden plans gas shipments to Europe to cut Russian leverage

President Joe Biden on Friday is expected to announce increased shipments of liquefied natural gas to Europe, part of a long-term initiative to wean the continent off Russian energy after the invasion of Ukraine.

24.03 / 16:27

U.S. Renews Tariff Exemptions for Some Chinese Imports

WASHINGTON—The Biden administration said Wednesday that it will renew tariff waivers for 352 categories of goods from China after previously granted exemptions expired.

24.03 / 11:25

lawmakers Biden to Sanction Hundreds of Russian Lawmakers, U.S. Officials Say

WASHINGTON—The Biden administration is preparing sanctions on most members of Russia’s State Duma, the lower house of parliament, as part of an effort to punish Moscow over its invasion of Ukraine.

24.03 / 10:37

European Union Evan Neumann: US man wanted over the Capitol riots is 'granted asylum in Belarus'

An American man suspected of involvement in the Capitol riots has been granted asylum in Belarus, according to reports.

23.03 / 17:41

Deal end U.S., U.K. Strike Trade Deal to End Tariffs on British Steel and American Whiskey

WASHINGTON—The U.S. and U.K. struck a trade accord Tuesday that will remove U.S. tariffs on British steel and aluminum, while the U.K. will lift levies on American whiskey, motorcycles and tobacco.

23.03 / 11:43

Fears Russia could use chemical weapons grow as ground offensive slows

On Monday, US President Joe Biden announced that there are "clear signs" Russia is considering the use of chemical and biological weapons in Ukraine.

22.03 / 18:23

Bitcoin news Bitcoin rate Bitcoin Bitcoin Price Cryptoverse: Remember when bitcoin was 'anonymous'?

Bitcoin just isn't anonymous enough for a growing cohort of crypto users who are seeking greater seclusion. A volatile class of crypto known as privacy coins, created with the primary aim of masking the identity of users and details of transactions, has quietly been gaining ground this month as maturing bitcoin inches towards mainstream finance. Monero and Zcash, among the most popular, have respectively gained 7.6% and 46% since March 1, according to CoinMarketCap data, even as bitcoin has lost about 5%.

19.03 / 22:41

Art Netflix NATO Bulgaria refuses military aid for Ukraine as Sofia holds defence talks with Washington

US Defence Secretary Lloyd Austin is on a two-day vist to Bulgaria for talks with Bulgarian PM Kiril Petkov and Defence Minister Dragomir Zakov.

18.03 / 16:45

Clandestine Finance System Helped Iran Withstand Sanctions Crush, Documents Show

WASHINGTON—ran established a clandestine banking and finance system to handle tens of billions of dollars in annual trade banned under U.S.-led sanctions, enabling Tehran to endure the economic siege and giving it leverage in multilateral nuclear talks, according to Western diplomats, intelligence officials and documents.

18.03 / 14:37

UPS Gap Remark Biden Emphasizes Deficit Reduction in Bid to Pass Economic Agenda

WASHINGTON—The Biden administration and top Democrats are embracing efforts to reduce the federal deficit as they seek to gain support for their economic agenda from Sen. Joe Manchin (D., W.Va.), a holdout who views closing the budget gap as a way to combat inflation.

17.03 / 17:25

Senate Panel Approves Jerome Powell’s Renomination as Fed Chairman

WASHINGTON—A Senate panel on Wednesday advanced Jerome Powell’s nomination for a second term leading the Federal Reserve, along with three others for top posts at the central bank.

16.03 / 17:55

Legal IRS Tezos Tezos Staking Couple Ramps Up Pressure on US IRS with New Legal Brief

A case involving the US Internal Revenue Service (IRS) and its alleged attempt to refund a couple’s tezos (XTZ) crypto staking tax bill could come to a head after one of the duo pushed for a “definitive ruling” that could change the way staking is taxed in the United States.

16.03 / 14:35

Sarah Bloom Raskin Withdraws as Biden’s Pick for Top Fed Banking Regulator

WASHINGTON—Sarah Bloom Raskin, President Biden’s nominee to become the government’s most powerful banking regulator, withdrew from consideration on Tuesday, the White House said, amid opposition to her nomination from Republicans and a key Democrat.

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