Legislation was introduced in the House and Senate to secure the future of the New Markets Tax Credit (NMTC). Congressman Pat Tiberi (R-OH) and two colleagues on the House Ways and Means Committee, Congressmen Tom Reed (R-NY) and Richard Neal (D-MA), the Ranking Member on the committee, introduced the House bill. They were joined by […]
AARP recently launched a campaign against the ‘age tax’, a proposed unfair penalty on older adults that would line the pockets of big insurance companies, allowing them to charge older Americans over $3,000 more than they currently pay per year. AARP launched a new series of advertising that will also appear in numerous Congressional districts […]
Communicating for America (CA) recently sent Tom Price, the newly named Secretary of the Department of Health and Human Services, a clear message – the enforcement of a new regulations on short term insurance plans needs to be delayed until a there is legislative clarity about how to replace Obamacare. The letter, written by CA […]
The Association of American Educators (AAE), the largest national, non-union teachers' association, and eight of its California member educators recently filed a lawsuit against the California Teachers Association challenging the constitutionality of California's "agency shop" law. "Agency shop" arrangements violate educators' First Amendment guarantee to free speech and free association by forcing public school teachers […]
Chief US District Judge of the Northern District of Texas recently issued a "stinging court defeat" to the lobbying arms of the big banks – the US Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association – by upholding the "Fiduciary Rule." Now, administrators in […]
The International Bar Association (IBA) calls for a halt to President Donald Trump’s undermining of the United States judiciary – and consequently the rule of law – through personal attacks on respected jurists. Following the unanimous decision of the judges of the US Ninth Circuit Court of Appeals, in San Francisco, not to reinstate the […]
A poll of New Mexico business leaders found that less than one in five of them think the state is headed in the right direction. Executives voiced their concerns about the considerable influence of money in politics, campaign finance and lobbying, among other issues, and expressed overwhelming support for reforms to minimize unscrupulous activity. The […]
The 9th Federal Appeal Court’s decision regarding President Trump’s ban on travel is both interesting and simultaneously predictive of the future. The president issued several immigration-related presidential orders as soon as he took office and, although all controversial, the first one was just challenged. What the well-written ruling by the 9th Circuit demonstrates is not […]
President Trump has a golden opportunity to reset US relations with Egypt making human rights a high priority while simultaneously supporting Egypt's fight against terrorism. Egyptian President El-Sisi was the first foreign leader to call and congratulate Mr. Trump on winning the presidential election, signalling Egypt's eagerness to form a strong relationship with the new […]
KPMG LLP, the US audit, tax and advisory firm, has issued a new survey report on the international Common Reporting Standard (CRS), which reveals that financial institutions impacted by the regulations still have much work to do to meet with the initiative's significant compliance challenges. The CRS, introduced by the Organisation for Economic Co-operation and […]
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