Tag: janet yellen

Marco Rubio Calls on Treasury Not to Weaken Divestment Requirements for Chinese Military Companies

This week, U.S. Sen. Marco Rubio, R-Fla. sent a letter to U.S. Treasury Sec. Janet Yellen regarding recent policy “clarifications” by the Office of Foreign Assets Control, which will allow U.S. persons to maintain...

Marco Rubio, Elizabeth Warren Urge Treasury Department to Implement Corporate Transparency Act

This week, U.S. Sens. Marco Rubio, R-Fla., and Elizabeth Warren, D-Mass., led a letter to U.S. Treasury Sec. Janet Yellen and Acting Director of the Financial Crimes Enforcement Network (FinCEN) Himamauli Das regarding the...

Michael Waltz Asks Treasury if Forbes Acquisition by CCP Linked Company is Under CFIUS...

This week, U.S. Rep. Michael Waltz, R-Fla., sent a letter to U.S. Treasury Sec. Janet Yellen asking if the ongoing acquisition of Forbes Global Media Holdings (Forbes) by a China-based special purchase acquisition company...

Mike Crapo, Marco Rubio Call on IRS to Offer Maximum Support for Taxpayers During...

At the end of last week, U.S. Sen. Marco Rubio, R-Fla., joined U.S. Sen. Mike Crapo, R-Idaho, and more than a dozen Republican U.S. Senate colleagues in urging the Internal Revenue Service (IRS) to...

Congressmen Call on Treasury to Send More Homeowner Assistance Fund Money to Florida

At the end of last week, U.S. Reps. Darren Soto, D-Fla., and Byron Donalds, R-Fla., wrote U.S. Treasury Sec. Janet Yellen “inquiring about the current disbursement status of Florida’s portion of the American Rescue...
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Rick Scott Tells G-20 Leaders He Won’t Support a Global Minimum Corporate Tax

Ahead of the G-20 Summit in Rome last week, U.S. Sen. Rick Scott, R-Fla., sent an open letter to the G-20 leaders expressing his opposition to a country-by-country minimum tax rate of 15 percent...
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Florida’s Senators Warn Treasury About Security Threat Posed by a Chinese Company

Last week, Florida’s two U.S. senators--Republicans Marco Rubio and Rick Scott--teamed up with U.S. Sen. Tom Cotton, R-Ark., to send a letter to U.S. Department of the Treasury Sec. Janet Yellen to express concern...

Marco Rubio Urges Treasury Not to Release Internationally-Held Reserves to the Taliban

This week. U.S. Sen. Marco Rubio, R-Fla., teamed up with U.S. Sen. Rob Portman, R-Ohio, in sending a letter to U.S. Treasury Sec. Janet Yellen urging her “to use all means necessary to keep...
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Ted Deutch Leads Letter to Janet Yellen, IRS Urging More Disclosure for Tax-Exempt Political...

This letter calls on the Biden administration to reverse the rules, which were set up by the Trump administration, and ensure that the IRS can enforce the law and prevent foreign money from influencing our elections. A similar letter was sent last month by 38 senators, led by U.S. Sen. Amy Klobuchar.
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Marco Rubio, Rick Scott, Byron Donalds Sound the Alarm on PPP Funds Going to...

Last week, U.S. Sen. Joni Ernst, R-Iowa, introduced the “Protecting Funding for Women’s Healthcare Act” which would “prevent any taxpayer dollars from going to the nation’s single largest provider of abortions, as the Biden administration looks to reverse a rule that prevents Title X funds from going to abortion providers.”

Ashley Moody Joins Legal Challenge to Treasury Department Over State Tax Policies

The lawsuit argues federal treasury officials cannot force states to relinquish control of their taxing authority in return for much-needed economic aid related to COVID-19. The states take specific issue with a stimulus bill provision that the coalition refers to as one of the most egregious power grabs by the federal government in the nation’s history.
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Florida’s Senators Warn Joe Biden About the Dangers of Raising Taxes

Both of Florida’s U.S. senators---Republicans Marco Rubio and Rick Scott--have lined up to oppose President Joe Biden’s proposed corporate tax rate increase.
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