WASHINGTON, April 19 -- The House Ways and Means Committee issued a report (H.Rpt. 119-7) on a joint resolution (H.J.Res. 25) providing for Congressional disapproval of a rule promulgated by the Department of the Treasury relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales". The report was advanced by Rep. Jason Smith, R-Missouri, on Feb. 28, 2025. Here are excerpts: * * * I. SUMMARY AND BACKGROUND A. Purpose and Summary H.J. Res  more

WASHINGTON, April 19 -- The House Ways and Means Committee issued a report (H.Rpt. 119-6) on the Pandemic Unemployment Fraud Enforcement Act (H.R. 1156), which aims to to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs. The report was advanced by Rep. Jason Smith, R-Missouri, on Feb. 25, 2025. Here are excerpts: * * * I. SUMMARY AND BACKGROUND A. Purpose and Summary The bill, H.R. 1156, the "Pandemic Unemployment Fraud Enforcement Act,"  more

WASHINGTON, April 19 -- The House Ways and Means Committee issued a report (H.Rpt. 119-18) on a resolution of inquiry (H.Res. 127) requesting President Trump and directing the Secretary of the Treasury to transmit documents to the House relating to the Department of Government Efficiency's access to the Treasury payment systems and confidential taxpayer information. The report was advanced by Rep. Jason Smith, R-Missouri, on March 18, 2025. Here are excerpts: * * * I. SUMMARY AND BACKGROUND   more

WASHINGTON, April 19 -- The U.S. Department of Justice issued the following news release on April 18, 2025: * * * Kansas City Resident Arrested and Charged in Connection with Tesla Arson A Kansas City resident, attending college in Boston, was arrested and made his initial court appearance today in U.S. District Court in Massachusetts, to face federal charges related to an arson at a Tesla business in Kansas City, Missouri. According to the criminal complaint, filed in the Western District o  more