Sen. Elizabeth Warren, D-Mass.presented a bill that would pay social security beneficiaries a one-time stipend intended to balance the absence of a cost living adjustment in 2016. Investment News reported that Warren's arrangement calls for the elimination of a tax reduction that allows companies to discount CEO rewards, authorizing the cash to pay those on Social Security.
Elizabeth Warren
Breaking News
Four major banks -- Bank of New York Mellon, Deutsche Bank, Credit Suisse and Goldman Sachs -- have reached an agreement with New York State's Department of Financial Services (DFS) over record keeping for the Symphony messaging system.
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Subscribe to VCpost newsletter
Most Popular
- Saudi Arabia Offers 30-Year Tax Exemption Package for Foreign Companies
- Italy Formally Withdraws From Belt and Road Agreement With China
- McDonald's First CosMc’s Spinoff Restaurant to Open This Week in Illinois
- EU to Delay Tariffs on UK Electric Vehicles for 3 Years, Offers €3 Billion to Boost Battery Manufacturing
- After Blackpink Renews Contract With YG Entertainment, K-Pop Agency Shares Spike 29%
- Beyond Profits: A Look Into Trevor & Greg's Serviced Accommodation Mentorship Program
- Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS
- Elon Musk's AI Startup X.AI Seeks to Raise $1 Billion From Equity Investors