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Biden s SEC pick calls for scrutiny of trading app gimmicks | Business and Economy News

جريدة البلاد | ضريبة الثروة الأميركية هذا ما سيدفعه أغنى ثلاثة رجال في العالم!

جريدة البلاد | ضريبة الثروة الأميركية هذا ما سيدفعه أغنى ثلاثة رجال في العالم!
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Elizabeth Warren: Kamala Harris Should Ignore $15 Minimum Wage Ruling

Massachusetts Senator Elizabeth Warren said that Vice President Kamala Harris should disregard the ruling that says the $15 an hour minimum wage cannot be included in President Joe Biden’s $1.9 trillion Covid relief package, the “American Rescue Plan.” At a press conference to unveil her wealth tax legislation, Sen. Warren took several questions about doing […]

Under Biden Administration, Will Federal Drug Pricing Transparency Efforts Continue to Outpace State Laws? | Blank Rome LLP

To embed, copy and paste the code into your website or blog: During 2019 and 2020, states enacted fewer laws requiring drug manufacturers to disclose pricing and related information. Initially, the slowdown may have been due to federal actions to rein in drug prices through the Trump administration’s multiple executive orders.[1] Thereafter, states were focused on responding to the pandemic and drug pricing was understandably placed on the back burner. Circumstances have since changed. We now have a new president and administration, and the country is hopefully turning the corner on the COVID-19 pandemic. Inevitably, the federal government and states will again turn their focus to drug prices. While the Trump administration’s executive orders made for good public sound bites, they had little to no actual impact on drug prices. At the end of the day, most of the Trump administration’s initiatives never made it to the regulatory rulemaking phase and those that did were met with

Concerns Cloud Dems Scramble To Salvage Raising Minimum Wage With Workaround

February 26, 2021 6:36 p.m. After the Senate parliamentarian dashed Democrats’ hopes of crowbarring a $15 federal minimum wage into the COVID-19 relief package Thursday night, members and their staffs have been scrambling to figure out a way around the ruling.  Senators Ron Wyden (D-OR) and Bernie Sanders (D-VT), who chair the Senate Finance and Budget Committees respectively, have proposed a backdoor approach that the parliamentarian might approve of, one that would involve changing tax policy. Wyden put out a statement saying that his proposal would impose a 5 percent penalty on the payrolls of big corporations if workers earned less than a certain amount. He also called for a tax credit equal to up to 25 percent of wages for small businesses that pay their workers higher wages. Many of the specific numbers, however, have not yet been made public.

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