After a procedural snafu last night, the House officially passed tax reform this morning. Now the bill goes to President Trump's desk to be signed into law.
Jack Hunter, Editor at Rare Politics, explains what happened that forced the House to vote on the bill for a second time. Since Congress is attempting to pass legislation using budget policy, there are a special set of rules that have to be followed. The Senate claimed that the House violated those rules in multiple ways.
President Trump could sign the bill into law as soon as tonight. However, even if it gets signed this week, Americans won't feel the effects of tax reform until next year. Hunter walks through some of the ways your taxes could be impacted.
The Supreme Court is postponing courtroom arguments, including those over subpoenas for President Donald Trump’s financial records.
Stocks are down 9 percent after trading resumed on Wall Street Monday following a temporary halt Monday morning.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Trump declares a national emergency.
Democratic Rep. Ami Bera of California expressed hopes that President Trump is about to declare a national emergency.
President Donald Trump's administration announced Friday it is awarding $1.3 million to two companies trying to develop rapid COVID-19 tests that could detect whether a person is positive for the new coronavirus within an hour.
These are the headlines you Need 2 Know for Friday, March 13, 2020.
Bernie Sanders, who trails former Vice President Joe Biden in the delegate race to the nomination, used his speech to contrast with his rivals. He called for the Trump administration to declare a national emergency and appoint an "emergency bipartisan authority of experts" to determine the next steps in the crisis.
Speaking from Delaware, the state he represented in Congress for nearly 40 years, the former vice president criticized President Donald Trump for hollowing out government agencies, presenting guidance contradicting health officials, and failing to act quickly to understand and track the outbreak.
The New York Federal Reserve is stepping up its purchases of Treasurys to try to ease jitters in the financial markets over the coronavirus outbreak.
