Politics

How cryptocurrency fits into infrastructure bill

A lot right now in the U.S. Congress. One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the IRS. It could open the way for tighter regulation of cryptocurrency — something the Biden administration is moving toward as it also pushes for tax compliance.

Big win for $1T infrastructure bill: Dems, GOP come together

With a robust vote after weeks of fits and starts, the Senate approved a $1 trillion infrastructure plan for states coast to coast on Tuesday, as a rare coalition of Democrats and Republicans joined together to overcome skeptics and deliver a cornerstone of President Joe Biden’s agenda.

Governor Newsom Statement on Death of California Highway Patrol Officer

On August 9, Governor Gavin Newsom issued the following statement regarding the death of California Highway Patrol (CHP) Officer Jeremiah Hart:

For Biden and senators, a sense that ‘world was watching’

WASHINGTON (AP) — When President Joe Biden first announced the framework he'd reached with a bipartisan group of senators for a big infrastructure bill, he said it meant more than building roads and bridges.

Huge California fire grows; Montana blaze threatens towns

GREENVILLE, Calif. (AP) — California’s largest single wildfire in recorded history continued to grow Wednesday after destroying more than 1,000 buildings, nearly half of them homes, while authorities in Montana ordered evacuations as a wind-driven blaze roared toward several remote communities.

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