WASHINGTON — Treasury Secretary Janet L. Yellen warned on Friday that she would have to begin employing “extraordinary measures” on Thursday to continue paying the nation’s bills if lawmakers did […]
Law and Legislation
Trending topics and news from the Law and Legislation category
Back to news homeFAA Outage Highlights Fragility of the Aviation System
Tens of thousands of flights were delayed or canceled around Christmas when frigid weather and storms made travel treacherous. But the weather was mostly fine on Wednesday morning when flights […]
Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
The climate and tax bill President Biden signed in August to increase the use of green energy and electric cars while expanding domestic manufacturing appears to be yielding some results.A […]
Kevin McCarthy’s Speaker Drama Raises New Fears on Debt Limit
WASHINGTON — Representative Kevin McCarthy of California finally secured the House speakership in a dramatic vote ending around 12:30 a.m. Saturday, but the dysfunction in his party and the deal […]
Why Are Energy Prices So High? Some Experts Blame Deregulation.
New transmission lines in deregulated markets often get limited review by state or federal officials, which means they are less likely to be rejected on the grounds that they are […]
Tim Wu, Architect of Biden Antitrust Push, to Leave White House
Tim Wu, a central architect of President Biden’s push to clip the wings of the nation’s largest companies, is leaving the White House.Mr. Wu’s last day at the National Economic […]
How New IRS Rules Could Affect Venmo, Zelle and CashApp Users
WASHINGTON — This year, Dennis Turbeville, a woodworker in Washington, used the mobile payment service Venmo to sell his wares, collect payments on a rental property and split personal expenses […]
Clean Energy Quest Pits Google Against Utilities
It was the sort of dry panel discussion that occurs at hundreds of industry conferences every year — until a Google representative decided it was time to unleash.“This is personal […]
Restaurateur, Political Donor, Tipster: The Many Roles of FTX’s Ryan Salame
In Western Massachusetts, Ryan Salame was known as a local boy turned hometown hero who struck gold as a top executive at FTX, the now-collapsed cryptocurrency exchange, and used some […]
Sam Bankman-Fried’s Parents Under Scrutiny in FTX Collapse
Mr. Bankman-Fried’s business and political empire was always a family affair. The FTX founder was a prolific political donor, and he was part of a network of contributors who gave […]