Haris Alic

Quadrupling one-month-old stock buyback tax tops Biden agenda

A federal tax on corporate stock buybacks has been in effect for only a month, but President Biden is already asking Congress to quadruple it in a sign the surcharge has done little to deter the practice.

February 8, 2023

Crackdown on China pits GOP vs. investors

Cracking down on U.S. investment in China is proving to be a tougher nut to crack than many Beijing hawks initially hoped, with American businesses unwilling to give up lucrative deals in a market with more than 1.4 billion people.

February 7, 2023

‘Less secure’: Senate Republicans offer pre-rebuttal to Biden’s big speech

Senate Republicans offered a pre-rebuttal to President Biden's State of the Union address on Tuesday, arguing that America is worse off after more than two years of Democratic rule.

February 7, 2023

House GOP to disapprove D.C. plans for illegal immigrant voting, weaker crime penalties

The House GOP is poised to formally rebuke D.C. officials this week by voting on resolutions that reject city plans to allow illegal immigrants to vote in local elections and weaken maximum penalties for crimes like carjacking.

February 6, 2023

Senators introduce bill to help military veterans ripped off by scammers

A bipartisan duo in the Senate wants to make it easier for families of veterans fleeced by financial scams to recoup misused benefits.

February 3, 2023

Black lawmakers put Biden on the spot to deliver new policing laws

President Biden is facing intense pressure from fellow Democrats to overhaul the nation's police laws after Tyre Nichols' death at the hands of five Memphis police officers, but he's no closer to a legislative deal than when the effort collapsed in the last Congress.

February 3, 2023

Black Caucus, Biden reach deal on overhauling policing laws

President Biden is facing intense pressure from fellow Democrats to overhaul the nation's police laws after Tyre Nichols' death at the hands of five Memphis police officers.

February 2, 2023

Payback? McConnell foes Rick Scott, Mike Lee booted from Senate commerce committee

Two of Senate Minority Leader Mitch McConnell's biggest critics lost prime committee slots after opposing the Kentucky Republican for another term atop the Senate GOP.

February 2, 2023

Biden’s CFPB proposes capping credit card late fees to $8

President Biden's administration proposed new regulations Tuesday capping fees that credit card companies can charge for most late payments to $8.

February 1, 2023

Trump endorses Rep. Jim Banks for open Indiana Senate seat

Former President Donald Trump threw his support behind Rep. Jim Banks on Tuesday for the U.S. Senate in Indiana.

February 1, 2023

Ohio Sen. J.D. Vance endorses Trump’s 2024 campaign

Ohio Sen. J.D. Vance threw his support behind former President Donald Trump's 2024 White House campaign on Tuesday.

January 31, 2023

Mitch Daniels bows out of Indiana Senate race

Former Indiana Republican Gov. Mitch Daniels announced Tuesday he won't run for the Senate.

January 31, 2023

House GOP eyeing backdoor tactic to block Rep. Ilhan Omar from Foreign Affairs Committee

House Republicans are scrambling to find a legislative tactic to keep Democratic Rep. Ilhan Omar off the House Foreign Affairs Committee, after failing to unify their conference behind the idea.

January 30, 2023

Constitution raises question on need to raise debt limit

The U.S. can't legally default on its debt, but a failure by Congress to raise the cap on how much the federal government can borrow could spark a funding crisis for major programs.

January 30, 2023

Rep. Adam Schiff launches bid for U.S. Senate in California

Rep. Adam Schiff announced Thursday his campaign for the U.S. Senate seat held by 89-year-old Sen. Dianne Feinstein.

January 26, 2023

Senators move to create an inspector general to probe NIH funding

A group of Republican senators introduced legislation on Tuesday to create an inspector general at the National Institutes of Health to probe how the agency is doling out taxpayer money, which became an issue because of the money trail leading to China's Wuhan lab.

January 25, 2023

Federal Trade Commission eyes power grab with national ban on noncompete agreements

The Federal Trade Commission is weighing a national ban on noncompete agreements -- a move that would greatly expand the agency's power over businesses if it survives a court challenge.

January 24, 2023

Republican Sen. Graham vouches for Biden over classified documents

Sen. Lindsay Graham on Tuesday said he would be "shocked" if President Biden's mishandling of classified documents was sinister.

January 24, 2023

Senator’s new bill would withhold congressional pay until lawmakers pass balanced budget

Sen. Steve Daines, who chairs the National Republican Senatorial Committee, said the bill was meant to shine a light on the country's "public debt crisis."

January 23, 2023

Dem leadership, GOP approach impasse over refusal to negotiate cuts in exchange for debt limit boost

Democrats are digging in on their refusal to negotiate with House Republicans on cutting spending in exchange for raising the $31.4 trillion debt limit.

January 23, 2023