House Bill Would Subject FASB to New Procedural Requirements, Mandate Chair Testimony
Two House republicans on Nov. 16, 2022, introduced legislation that would subject the FASB to new procedural checks and require …
Republican House Control Sets up New Headaches for SEC
Republicans clinched a narrow House majority this week, lining up Representative Patrick McHenry as the presumptive next chair of the …
Republican Members Vie for Spot on House Ways and Means Committee
There are at least 10 Republicans vying for eight possible seats on the powerful House Ways and Means Committee in …
Congress Expected to Recess Until Mid-November
The House of Representatives will be out for six weeks starting October 1 and the Senate is expected to follow …
Scope 3 Emissions Disclosure Emerges as Top GOP Target in SEC Climate Risk Rules
Republican lawmakers are zeroing in on disclosure requirements around so-called Scope 3 greenhouse gas (GHG) emissions in the SEC’s proposed …
Schumer Hopes to Hold Weekend Vote on Inflation Reduction Act
The Senate is on track for a weekend vote on the Inflation Reduction Act (H.R. 5376), the massive tax, health care, …
Reconciliation Deal Retains $80 Bln Additional IRS Funding
Originally included in President Joe Biden’s Build Back Better plan, a proposal to appropriate $80 billion over 10 years to …
Senate Democrats Announce Tax Bill Addressing Deficit, Environment
Inflation Reduction Act of 2022 Summary of the Inflation Reduction Act of 2022 Senate Democrats have announced a deal on …
Senate Confirms Two New SEC Commissioners
The Senate on June 16, 2022, unanimously confirmed Jaime Lizárraga and Mark Uyeda to serve as SEC commissioners. Both are …