Senate Finance Committee

Republican Senators Ratchet Up Pressure on Trump Over Tariffs

Trump ally Sen. Orrin Hatch urges president to reconsider; if not, Hatch warns, he’ll work ‘to curtail Presidential trade authority’<p>WASHINGTON—Senate Finance Committee Chairman Orrin Hatch is ratcheting up pressure on President Donald Trump to reconsider his tariff policies, warning in a letter …

Donald Trump

Orrin Hatch threatens curb on Trump trade authority: Wall Street Journal

Sen. Orrin Hatch, the seven-term Utah Republican who heads the Senate Finance Committee, sent a letter to the White House this week warning President …

Orrin Hatch

Sen. Ron Johnson slams Trump tariffs, says GOP could be at risk in midterm elections

President Donald Trump’s tariffs are hurting American businesses and could ultimately impact Republicans in the midterm elections, GOP Sen. Ron …

Tariffs

Trump’s Pick for IRS Gets Senate Panel Backing

If confirmed by the full Senate, Charles Rettig would run the tax agency until November 2022<p>By<p>Richard Rubin<p>Richard Rubin<p>The Wall Street Journal<p>Biography<p>@RichardRubinDC<p>richard.rubin@wsj.com<p>The Senate Finance Committee backed President Donald Trump’s choice to run the Internal Revenue Service on a …

Donald Trump

In New Round of Tax Cuts, Retirement Changes Seen as Most Likely to Pass

Republicans are promising a comprehensive second round of tax cuts -- but tax changes affecting retirement savings may be the only measures with …

Retirement Planning

IRS nomination vote delayed by Senate Finance amid Wyden protest

The Senate Finance Committee on Thursday postponed a vote on President Donald Trump’s nominee to run the IRS over a campaign finance-connected protest by Democrats.<p>Not enough lawmakers showed up to vote on tax lawyer Chuck Rettig’s nomination to be IRS commissioner. Senate Finance Chairman Orrin …

Politics

Lawmakers debate ways to expand early childhood education

A key New Mexico lawmaker said Thursday that he agreed with early childhood education experts who say expanded pre-kindergarten programs could help …

Education

IRS nominee clears Senate panel despite Democrat opposition

WASHINGTON (AP) — The Senate Finance Committee narrowly approved on a party-line vote President Donald Trump's choice to become the new head of the IRS, with the panel's Democrats protesting the nomination because of a new IRS policy allowing some groups to hide their donors' identities.<p>The 14-13 …

Finance

Senators introduce bipartisan bill to improve IRS

A bipartisan group of lawmakers on the Senate Finance Committee offered legislation on Thursday to make improvements to the IRS, as the panel voted …

Taxes

Democrats turn IRS nomination hearing into referendum on Russia

Senate Democrats on Thursday turned a meeting on President Trump's nominee to lead the IRS into a referendum on President Trump's behavior toward …

Politics

Ivanka coy about her Democratic partners in policy talks

WASHINGTON — Ivanka Trump swears she has Democratic allies — but she’s not naming names.<p>“You have to, especially in an environment like this, you …

Marco Rubio

Treasury Rule Change Protects ‘Dark Money’ Donors

The U.S. Treasury said Monday that it will no longer require certain tax-exempt organizations to identify their donors to the IRS. The policy change …

U.S. Chamber of Commerce

Bill reining in payday lending passes committee, next stop: Senate floor

COLUMBUS, Ohio - A state Senate panel advanced a bill Tuesday that would put new restrictions on payday lending, including a 28 percent interest rate …

Interest Rates

6 lawmakers who could chair a banking committee next year

Regardless of which party controls the House or Senate post-election, the financial services panels in both chambers could have new leaders.

Financial Services

Senate Finance Committee to take up Ivanka Trump's paid family leave plan

The Senate Committee on Finance will consider the issue of paid family leave after the Fourth of July recess.<p>Axios reported late Monday night that …

Donald Trump

Senate committee to take up Ivanka Trump’s paid family leave plan

The Senate Finance Committee will hold a hearing, chaired by Senator Bill Cassidy (R-La.) in July, on Ivanka Trump's paid family leave policy — an …

U.S. Politics

Senate Panel OKs Head of Agency Overseeing Kids

A Senate committee has narrowly approved the nomination of Lynn Johnson as assistant Health and Human Services secretary for family support despite …

Conservative View

Trump IRS nominee owns property at Trump-branded hotel

<b>New York (CNN) —</b> President Donald Trump's nominee to head the IRS owns a stake in two rental units at a Trump-branded hotel in Hawaii.<p>Charles Rettig was questioned by members of the Senate Finance Committee Thursday on topics ranging from his experience as a tax attorney to his management style.<p>He …

News (U.S.)

The Latest: IRS chief nominee pledges to work for all payers

WASHINGTON (AP) — The Latest on the Senate confirmation for a new IRS chief (all times local): ___ 11 a.m. Under sharp questioning from some …

Donald Trump

IRS Chief Nominee Pledges to Work for All Payers

Under sharp questioning from some Democratic senators, President Donald Trump's choice to head the IRS says he'll work on behalf of ordinary …

Conservative View

IRS Nominee Rettig Says Rebuilding Trust is Priority

Trump pick tells senators in confirmation hearing that better relationships would aid implementation of 2017 tax law<p>WASHINGTON—Charles Rettig, President Donald Trump’s choice to run the Internal Revenue Service, said his priority is rebuilding trust among the tax agency, the public and Congress, …

Economics

Trump choice for IRS chief coming under Senate scrutiny

WASHINGTON (AP) — The Senate is assessing President Donald Trump's choice to head the IRS: Charles Rettig, a Beverly Hills tax lawyer who would face …

Donald Trump

Report: Trump’s IRS Nominee Failed to Disclose Trump-Linked Property Ownership

President Trump’s nominee to run the Internal Revenue Service, tax lawyer Chuck Rettig, did not disclose that he owned properties at the Trump …

News (U.S.)

IRS Nominee Owns Property at Trump-Branded Project in Hawaii

Charles Rettig is likely to face questions about the real estate at a Thursday confirmation hearing<p>WASHINGTON—President Donald Trump’s nominee to run the Internal Revenue Service owns real estate in a Trump-branded property in Hawaii, according to a Senate staff memo.<p>Charles Rettig, a California …

Real Estate

HHS Secretary: I Can Locate Immigrant Children In Seconds

Health and Human Services Secretary <b>Alex Azar</b> says he can find any immigrant child in custody within seconds using his computer. Azar told the Senate …

Illegal Immigration

Top trade adviser Everett Eissenstat is leaving the White House

Everett Eissenstat, one of the Trump administration's top economic advisers, is leaving his post in July.<p>Eissenstat was once a top aide to Sen. Orrin …

Donald Trump

HHS: "Several hundred" children have been reunited with parents

"Several hundred" of the more than 2,300 children that were separated from their parents have been placed with a parent or relative, Health and Human …

U.S. Politics

HHS Secretary outlines immigrant reunification process for Nelson

WASHINGTON -Sen. Bill Nelson should have been able to "interact" with immigrant children in Homestead but not interview them, a Trump administration …

Trump Administration

U.S. Investigating Possible ‘Profiteering’ on Tariffs, Ross Says

The U.S. is looking into whether people “illegitimately are profiteering” on aluminum and steel import tariffs after recent outsized gains in prices …

Economics

As Trump's trade war drags on, John Cornyn has one big question: 'How does this end?'

WASHINGTON — Texas Sen. John Cornyn has one big question for President Donald Trump as the White House's growing trade war shows no sign of …

News (U.S.)