The Treasury Department and the Internal Revenue Service announced on Wednesday that the 2020 tax filing and payment deadline is being pushed back from April 15 to May 17.
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Mark Green Wants Tennessee’s Small Colleges to Qualify for Coronavirus Loans
On Monday, U.S. Rep. Green (R-TN-07) told the feds that coronavirus relief programs should follow past federal precedents and not exclude Tennessee’s small colleges, which are currently disqualified because of student workers.
Those federal programs, Green said, include the Economic Injury Disaster Loans (EIDLs) and Paycheck Protection Program (PPP).
Green said in a press release that he sent his request to the Treasury Department and Small Business Administration as it pertains to EIDLs and PPP.
Read MoreEx-Treasury Department Official Pleads Guilty To Leaking Trump Associates’ Financial Documents To BuzzFeed
A former Treasury Department official pleaded guilty in federal court in New York City on Monday to leaking sensitive financial records of multiple Trump associates and figures in the Trump-Russia investigation to a reporter at BuzzFeed News.
Read MoreTrump Administration Uses Obscure Treasury Department Agency to Tighten Foreign Investments in U.S. Tech and Data by China
by Masood Farivar For decades, it was virtually unknown outside a small circle of investors, corporate lawyers and government officials. But in recent years, the small interagency body known as the Committee for Investment in the United States has grown in prominence, propelled by a U.S. desire to use it…
Read MorePresident Trump’s New Rule Aims to Expand Health Coverage and Lower Costs
by Robert Moffit The Trump administration just announced a major regulatory change, effective Jan. 1, 2020, that could significantly expand access to affordable health coverage and increase the choice of health plans, particularly among workers and their families in small businesses. The proposed rule, jointly developed by the Department…
Read MoreFederal Court Hands Trump a Win, Brings Rogue Agency Under Tighter Control
by John-Michael Seibler “You’re fired.” President Donald Trump will soon be able to use his famous catch phrase against the head of a troubled federal agency, the Fair Housing Finance Agency, which is led by a single Obama appointee with no meaningful oversight from the president. The 5th U.S. Circuit…
Read MoreTreasury Dept. Report Slams CFPB’s Rule to Expand Class-Action Lawsuits Against Banks
The Trump administration is taking aim Monday at a new rule issued by the Consumer Financial Protection Bureau that would expand class-action lawsuits against banks, saying it will impose legal defense costs of more than $500 million per year on employers and provide little or no relief for consumers. A…
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