Richard Neal News

16.06 / 00:09

Adoption regulation legislation GAO us house US House Ways and Means chairman asks the GAO to check out crypto in retirement plans

Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO), a legislative branch watchdog, asking the agency to weigh in on the use of cryptocurrency in retirement plans. Defined contribution plans, such as the 401(k), are increasingly allowing savers to incorporate cryptocurrency in their plans, the lawmaker said, and concerns have arisen over crypto’s volatility and limited oversight.

03.03 / 14:57

Analysis Food Research Bill Experts Universities Doge 'Reverse Robin Hood scam' or windfall for middle class? Lawmakers debate Trump tax plan extensions

As Congress debates how to handle trillions of dollars in expiring tax breaks, lawmakers on both sides have been lobbing claims about which consumers will see the biggest benefits from extending them. Economists and tax experts say the answer isn't so straightforward.

15.01 / 18:39

COST Provident Trade performer country social Trump creating 'External Revenue Service' for tariffs

President-elect Donald Trump said he would create an “External Revenue Service” tasked with collecting tariffs on foreign imports, the latest indication that the Republican aims to carry out his promises for sweeping trade levies when he retakes office.

24.12 / 17:06

Boeing Nov Textron information testing Department Congress launches an investigation into the Osprey program after the deadly crash in Japan

A congressional oversight committee has launched an investigation into the V-22 Osprey program following a deadly crash in Japan, which killed eight Air Force special operations service members

03.10 / 22:39

COST UPS Provident Bill show reports House bill to double HSA limits slammed as perk for wealthy

A bill recently approved by the House Ways and Means Committee would nearly double the annual limits on contributions to health savings accounts — a measure that opponents said will only provide a bigger tax perk for the wealthy.

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