Tag: us treasury

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.

Florida’s two U.S. senators threw their support behind a proposal to have the U.S. Treasury create new coins to help the National World War II Memorial in Washington, D.C.

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.

Scott sent a letter to members of the Federal Open Market Committee asking them to address the risk that rising inflation poses to the economy, and to families and small businesses across the nation.

Without the leadership of President Donald Trump, the economic impact of the coronavirus pandemic would have been devastating to Florida. In fact, 3.2 million Florida jobs are being saved because of President Donald Trump’s bold and timely action.  This historic move will set the pace that will have Florida breaking economic records once again.

"GNC lists among its retail operations numerous locations in and in the immediate area of U.S. military facilities, including in my home state of Florida. These installations have been the target of a variety of Chinese espionage activities. In the event of a GNC acquisition by HPGC, Chinese authorities and intelligence officials could leverage GNC military sites to gain access to those restricted locations."

Other signers of the letter include U.S. Sens. Martha McSally, R-Ariz., Dan Sullivan, R-Alaska, John Barrasso, R-Wy., Marsha Blackburn, R-Tenn., Kevin Cramer, R-ND, Mike Crapo, R-Idaho, Cindy Hyde-Smith, R-Miss., James Lankford, R-Okla., and James Risch, R-Idaho.

While Democrats prescribed $1 trillion of aid in the Phase 4 package they approved in May, Republicans initially insisted the only aid they would consider is to allow local governments discretion to use an existing $150 billion coronavirus relief fund to cover operating expenses, which initially was prohibited. GOP negotiators reportedly have since upped the offer to $200 billion of new aid.

U.S. Rep. Ken Buck, R-Col., led the letter which included Yoho who leads Republicans on the U.S. House Asia and the Pacific Subcommittee. 

On Thursday, U.S. Sen. Rick Scott, R-Fla., wrote to U.S. Treasury Sec. Steven Mnuchin requesting the agency’s plan to publicly release information on how the more than $1 trillion in state and local government funding already allocated for coronavirus response is being spent.

Scott wants the agencies to look into the services to be performed and the source of the money paid to Amsterdam & Partners to determine if it violates the sanctions imposed against the Maduro regime and whether there is any effort to circumvent FARA regulations.