The bill would make tips tax-free if approved by Congress A new bill making its way through Congress could bring meaningful financial relief to casino and hospitality workers across the country. The “No Tax on Tips Act,” introduced by Senator Ted Cruz and supported by Senator Jacky Rosen, passed the Senate this week without a
Tag: congress
Congress demands Meta reveal its cryptocurrency plans
Meta has been sitting on crypto patents for years without putting them to use The US House Financial Services Committee is attempting to force Meta to reveal its plans regarding blockchain or crypto-related endeavors. The company currently has five cryptocurrency and blockchain-related trademark applications active from 2022. Ranking committee member Maxine Waters sent a letter
Congress goes after the SEC over cryptocurrency regulations
Legislators want financial authorities to get ahead of the securities watchdog Several US Congress members have presented a memorandum insisting key financial authorities, including the Federal Deposit Insurance Commission (FDIC) Chair and the acting comptroller of the currency, to get involved with cryptocurrency oversight. The legislative members want the authorities to clarify that the US