US Senate

The cryptocurrency industry's lobbying efforts apparently paid off as a bipartisan group of Senators pitched an amendment meant to appease crypto proponent's concerns over the possible consequences of the vague wording contained in the infrastructure bill. What Happened: According to a...

On Jan. 20, 2021, Joe Biden will be sworn in as the 46th President of the United States. At the age of 78, Biden will be the oldest elected U.S. President, beating the record of 70 set by his predecessor Donald Trump. Biden served in the U.S. Senate for 36 years and was the Vice President...

Over the course of six years, U.S. Sen. David Perdue has placed 2,596 stock trades. Some of the trades may have involved possible inside information thanks to his position on several Senate sub-committees. What Happened: The New York Times published an in-depth look at Perdue’s history of...

Apple Inc (NASDAQ: AAPL) is trying to limit the impact of a bill aimed at fighting child labor in China, according to a Washington Post report.  What Happened: The lobbying firm Fierce Government Relations hired by the tech giant has had meetings with government representatives...

Chinese companies are delaying their listings on exchanges in the United States as the relationship between the two countries continues to deteriorate. What Happened Companies in China, especially those in the early stages of planning, are losing interest in listing on American exchanges after the...

Small businesses will now have up to 24 weeks to use Paycheck Protection Program loans extended to them during the COVID-19 pandemic. The deadline was raised from eight weeks after the Senate unanimously approved the extension Wednesday. What Happened The extension legislation has already been...

President Donald Trump signed an executive order late Thursday aimed at limiting social media platforms immunity from legal actions arising out of third-party content posted on their platform. Barr To Frame Draft Legislation The president said Section 230 of the Communications Decency Act...

President Donald Trump said he was “surprised” by Dr. Anthony Fauci’s answers before a senate hearing on Tuesday and deemed them unacceptable. What Happened Fauci’s reluctant stance on opening states and schools has left president Trump less than pleased. With regard to...

Senate representative and government’s top health officials on Tuesday held an online hearing on the country's future strategy in fighting the ongoing pandemic. 1. Consequences of Reopening Are Serious As states begin to reopen their economies after weeks of closures, Dr. Anthony...

The United States House of Representatives on Thursday voted 388 to five in favor of a $484 billion novel coronavirus (COVID-19) relief package for small businesses and hospitals. What Happened The House was meeting after weeks due to the shelter-in-place requirements imposed to curb the spread of...

The United States Senate  approved to the novel coronavirus (COVID-19) stimulus package late Wednesday after five days of tough negotiations between Democratic and Republican members. What Happened The senators voted 96-0 in favor of the "Coronavirus Aid, Relief, and Economic Security Act...

The United States senators and White House officials reached an agreement on the $2 trillion novel coronavirus (COVID-19) stimulus package early Wednesday, the Washington Post reported. Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up...

The United States Senate remained divided along party lines over an economic stimulus package to counter the novel coronavirus (COVID-19) outbreak again on Monday. Votes Divided On Party Lines The senators voted 49-46 in favor of the stimulus, falling well short of the required 60 votes. Alabama...

The stock market in the United States seems to head for another rough week, as futures contracts tanked ahead of Monday's opening bell. What Happened President Donald Trump's planned $2 trillion economic stimulus package is likely to see a delay as Senate Democrats opposed it ...

Democratic Senate Leader Charles Schumer, along with Sens. Sharrod Brown and Robert Menendez, urged the White House to proceed with imposing sanctions against Russian government agencies and officials, and even President Vladimir Putin himself, based on recent U.S. intelligence reports that Russia...