Private Equity's Inversion Excursion: Pepper Hamilton Talks Tax With the Deal
In Washington: President Biden on Thursday doubled to 200 million his administration’s goal for the number of COVID-19 vaccination shots to administer in his first 100 days in office. The U.S. is set to reach Biden’s original...more
In Washington: President Joe Biden is considering Gene Sperling for a role to oversee the implementation of the administration’s $1.9 trillion coronavirus relief plan. Sperling served as the director of the National...more
In Washington: The Senate passed the $1.9 trillion pandemic relief package in a 50-49 party-line vote. The Senate is sending an amended version of the American Recovery Plan back to the House with some changes. The House is...more
In Washington: The House Budget Committee approved legislation for a $1.9 trillion coronavirus relief package on Monday evening, with a full House vote is expected at the end of this week. So far, House Democrats expect a...more
In Washington: The House Budget Committee released the text of the "American Rescue Plan Act of 2021.” The panel also provided a new report emphasizing the need for quick congressional action on COVID relief to ensure...more
In Washington: House committees continue drafting the next COVID-19 relief package, which must pass before March 14, to prevent many Americans from losing their increased unemployment benefits. House Speaker Nancy Pelosi says...more
In Washington: House Democrats are altering the House calendar to speed up passing a COVID-19 relief through a reconciliation package by mid-March. House Majority Leader Steny Hoyer (D-MD) announced that the House will not...more
In Washington: On Jan. 20, Joe Biden became the 46th President of the United States as he and Kamala Harris were sworn into office in front of the Capitol building that only two weeks prior was the scene of the Jan. 6 Capitol...more
In Washington: On Tuesday evening, President Donald Trump threatened to turn a month’s worth of negotiations and passage of the COVID-19 and FY2021 omnibus appropriations bills upside down by suggesting that he might veto...more
In Washington: The House and Senate both passed the $900 billion coronavirus stimulus bill on Monday with overwhelming bipartisan majorities: 359-53 in the House and 92-6 in the Senate. ...more
In Washington: Top Senate Republicans indicated on Thursday that Congress is increasingly likely to need a brief stopgap government funding bill lasting several days to clinch a spending and coronavirus relief deal. Friday...more
In Washington: The “four corners”— House Speaker Nancy Pelosi (D-CA), House Minority Leader Kevin McCarthy (R-CA), Senate Minority Leader Chuck Schumer (D-NY), Senate Majority Leader Mitch McConnell (R-KY)—are reportedly...more
In Washington: The bipartisan “908 negotiators” unveiled summaries and text of their $908 billion coronavirus relief proposal that has now been divided into two sections to allow the House and Senate to vote on the...more
In Washington: A bipartisan group of lawmakers is splitting its $908 billion coronavirus relief proposal into two packages. The plan reportedly will include a $160 billion proposal that ties together the two most...more
In Washington: The Senate passed a one-week stopgap bill on Friday, hours ahead of a government shutdown deadline. The bill passed on a voice vote and moved the funding deadline to December 18. The continuing resolution...more
In Washington: The House passed a one-week funding extension (HR 8900) to give lawmakers more time to finalize a fiscal 2021 spending package and coronavirus relief. The vote was 343-67. The measure (HR 8900) now goes to...more
In Washington: President-elect Joe Biden picked California Attorney General Xavier Becerra to be his health secretary. Becerra was a defender of the Affordable Care Act. Separately, Biden picked a Harvard infectious...more
In Washington: While we have seen some hopeful progress this week on coronavirus relief, some cracks are beginning to show. Senate Majority Leader Mitch McConnell (R-KY) took to the Senate floor Thursday, signaling an...more
In Washington: Congress continues to debate a new coronavirus relief package, possibly as part of a government spending bill due December 11. Here are the latest developments...more
In Washington: Congressional interest in a coronavirus relief legislation has been revived after months of the stalled negotiations. Tuesday, a bipartisan group of senators held a press conference to introduce a broad...more
In Washington: Two Treasury Department moves in recent days are generating controversy among lawmakers and policymakers: Treasury Secretary Steven Mnuchin announced Thursday that he will not extend the Federal...more
In Washington: Sen. Chuck Grassley (R-IA) said on Tuesday that he would quarantine after exposure to COVID-19. Grassley added that he was "feeling well" and asymptomatic but that "it’s important we all follow public health...more
In Washington: On Nov. 7, most major networks and news sources announced that Joe Biden won the presidential election to become the 46th President of the United States. The call came after Biden’s lead if Pennsylvania...more
In Washington - The Senate failed Thursday to advance the Republican “skinny” coronavirus relief bill, the latest blow to stalled efforts to pass another package to mitigate the pandemic’s economic damage. The measure...more
In Washington - Negotiations on the next COVID-19 relief bill continued behind closed doors Wednesday in meetings between Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows, House Speaker Nancy...more