“President Obama has said over twenty times that he would not circumvent Congress and the will of the people to create his own immigration law,” reported Representative Ann Wagner (R-MO) Wednesday morning. Arguments that Obama’s unilateral actions will assist in reforming the U.S. immigration system are gravely flawed. Granting amnesty plays no part in reforming … Continue reading
The GOP’s brawl against Obama’s executive actions persists with new postulations made by a Republican leader on Sunday pushing for a government shutdown to prevent Obama from addressing immigration policy with executive order. Despite this individual’s propping open the idea, numerous other Republicans objected to a government shutdown. Oklahoma GOP Representative Tom Cole raised concerns … Continue reading
MetLife, a nonbank financial company (NFC) and the largest insurer in the U.S., called for a hearing Monday to oppose being labeled “systemically important.” After the Financial Stability Oversight Council (FSOC), a major financial watchdog, voted in favor of adding MetLife to the list of systemically important financial institutions (SIFIs) in September, the firm hustled … Continue reading
Threatening equity markets, stock manipulation is among the hottest topics for investors today. Michael Lewis, author of Flash Boys: A Wall Street Revolt, describes the U.S. stock market as rigged in favor of High Frequency Trading (HFT) firms. In a 60 Minutes edition, Lewis stated that these firms are able to “identify your desire to … Continue reading
Jeff Bezos’ plans to create commercial drone deliveries for Amazon in upcoming years might be premature based on the severe lack of new regulation establishment from the Federal Aviation Association (FAA). The Association cannot keep up with American innovation and has resorted to banning most drone usage, aside from several private-sector drones, until it completes … Continue reading
If the Senate opts in for H.R. 3086, the Permanent Internet Tax Freedom Act (PIFTA), $14.7 billion in taxes will be averted every year. During the Internet boom of the 1990s, Congress passed the Internet Tax Freedom Act (IFTA), which prevented state and local governments from collecting Internet specific taxes. Sponsored by Senate Finance Committee … Continue reading
“Entry Screening” is among the latest concerns in the White House. Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, met with President Obama and a group of top health and security officials Monday. They deliberated over creating additional screening requirements for travelers entering the U.S. from African nations stricken with … Continue reading
The Internal Revenue Service (IRS) and the U.S. Department of Treasury issued a Notice (Notice 2014-52) last Monday that would further their efforts to prevent U.S. companies from using an increasingly prevalent tactic known as inversion to lower their tax bill. Conventionally, an inversion is a negotiation in which a U.S. multinational company restructures with a foreign … Continue reading
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