The U.S. Department of the Treasury and Internal Revenue Service are seeking public feedback on proposed income tax regulation amendments regarding the implementation of section 45X of the Internal Revenue Code. Established by the
MoreExecutives from U.S. chip companies and top White House officials met on Monday to talk about China-related policy as the current administration considers implementing another set of restrictions on semiconductor exports to
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Lael Brainard is stepping down as vice chair and member of the Federal Reserve Board on Feb. 20 to serve as director of the National Economic Council responsible for providing advice to
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The Federal Reserve Banks plan to roll out an instant payments service between May and July of 2023. “The FedNow Service will transform the way everyday payments are made throughout the economy,
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Lael Brainard, vice chair of the Federal Reserve Board, told the House Financial Services Committee that she believes a central bank digital currency, stablecoins and commercial bank money could exist together in
MoreJerome Powell, who chairs the Board of Governors of the Federal Reserve System, has received President Biden’s nomination for a second term. Powell and the board executed efforts to mitigate the COVID-19
MoreFederal Reserve Board of Governors nominees Stanley Fischer and Lael Brainard both support extending the central bankâs hands-on role in managing the economy, Reuters reported Monday. Howard Schneider and Michael Flaherty write the
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