Earlier this year, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) was signed into law. Stablecoins, a form of cryptocurrency, are backed by traditional assets—the U.S. dollar, for example. Stablecoins are used to exchange other cryptocurrencies. ...
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As Congress was starting to debate its reconciliation bill in earnest back in March we wrote about a proposal to eliminate the tax exemption provisions for certain credit unions. Credit Unions’ tax-exempt status was established in The Federal Credit Union ...
Read MoreA loophole in the U.S. tax code allows foreign interests to pour billions into our legal system through a scheme known as Third Party Litigation Funding. These groups bankroll lawsuits, often frivolous, with the sole aim of securing a settlement. ...
Read MoreArkansas is one of the latest states to take up legislation purporting to protect children on social media. The Arkansas Senate is considering Senate Bills 611 and 612. These bills are certain to face legal challenges, which will likely be ...
Read MoreEarlier this year, Virginia successfully passed Senate Bill 854 to provide greater protections for children in addition to requiring greater parental consent of children on social media. However, proposed changes at the eleventh hour threaten to jeopardize the bill. The ...
Read MoreLast week HLF was lucky enough to attend a summit focused on “Redefining Retirement.” The event was hosted by investment management firm BlackRock, the Bipartisan Policy Center, and Semafor. Speakers ranged from elected officials, corporate leaders, small business owners, union ...
Read MoreOne of the ongoing conversation on Capitol Hill is the extension of the 2017 Tax Cuts & Jobs Act, including how to structure legislation so to “pay for” (as many describe it) the tax cuts. One revenue raiser that has ...
Read MoreAmericans in underserved communities will be hurt if Congress makes deep Medicaid cuts. Underserved communities already face healthcare disparities; Medicaid helps bridge this gap. Reducing Medicare funding would devastate hundreds of thousands of families and result in long-term costs our ...
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