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Chelsey Cox in political news

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Chelsey Cox - Treasury watchdog on a 'full court press' to spread awareness of new business registry rules - cnbc.com - Washington

Treasury watchdog on a 'full court press' to spread awareness of new business registry rules

WASHINGTON — Over 700,000 companies have submitted data to Treasury's new beneficial ownership information registry, a senior Treasury official said on Wednesday. But the number is far below what's needed to reach an estimated 32.6 million registrants by year's end. "I think as people in businesses become more aware of the requirement, the sort of provable experience of it only taking 15 to 20 minutes ... I feel like, the sense out there (is) people are feeling more comfortable with this, but we recognize we have a lot of work left to do," Brian Nelson, under secretary for terrorism and financial intelligence for the Treasury Depa

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Joe Biden - Steve Daines - Janet Yellen - Chelsey Cox - Bill - Treasury chief Yellen defends Biden budget against Republican senators' fears of tax increases - cnbc.com - Usa - Washington - county Yell

Treasury chief Yellen defends Biden budget against Republican senators' fears of tax increases

WASHINGTON — Treasury Secretary Janet Yellen on Thursday defended President Joe Biden's 2025 fiscal budget proposal as Republican senators said they feared taxes would rise for the middle class as the result of a law due to expire next year. "For years, President Biden has vowed no tax increase on individuals earning less than $400,000," Sen. Steve Daines, R-Mont., said during a Senate Finance Committee hearing where Yellen was testifying. "And now President Biden is choosing to let the Tax Cuts and Jobs Act expire and increase the corporate tax rate, forcing American families and workers to bear the cost of these 'woke' policies," Daines said, referencing clean energy policies under the 2022 Inflation Red

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Chelsey Cox - Bill - House passes bill to bar data brokers from selling sensitive personal information to U.S. adversaries - cnbc.com - Usa - China - Washington - Iran - Venezuela - Russia - North Korea - Cuba

House passes bill to bar data brokers from selling sensitive personal information to U.S. adversaries

WASHINGTON — Bipartisan leaders of a House committee examining interstate and foreign commerce on Wednesday praised the passage of a bill aimed at keeping Americans' private data out of the hands of U.S. adversaries. The current list of countries designated as "foreign adversaries" by the United States includes China, Iran, North Korea, Cuba, Russia and the Maduro government in Venezuela. "Today's overwhelming vote sends a clear message that we will not allow our adversaries to undermine American national security and individual privac

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Mike Gallagher - Chelsey Cox - Bill - Labor unions, domestic manufacturing groups launch coalition to reform de minimis import loophole - cnbc.com - Usa - China - Washington

Labor unions, domestic manufacturing groups launch coalition to reform de minimis import loophole

WASHINGTON — Labor unions, domestic manufacturers, business associations and other interest organizations on Wednesday announced a bipartisan coalition to target an import loophole allowing billions of un-taxed goods into the U.S. "The coalition we have assembled is a testament to the mounting pressure to close the de minimis loophole," Rep. Earl Blumenauer, D-Ore., said. The ranking member of the House Ways and Means Subcommittee on Trade is working in conjunction with the new Coalition to Close the De Minimis Loophole. The group will call attention to a so-called "de minimis" provision of Section 321 of the Tariff Act of 1930, which waives import tariffs for s

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Chelsey Cox - Bill - FCC to vote in March on rules for 'all-in' cable and satellite pricing - cnbc.com - Washington - Russia - city Sanction

FCC to vote in March on rules for 'all-in' cable and satellite pricing

WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced that it will be voting on rules that will require cable and satellite providers to display an "all-in" price for video programming on consumers' bills and promotional materials. The Federal Communications Commission's final rules are expected to be largely similar to those the agency initially proposed last year. The commission plans to vote on a final version of the rules during its upcoming March 14 open meeting. "We're working to make it so the advertised price for a service is the price you pay when your bill arrives," FCC Chairwoman Jessica Rosenworcel said in

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Chelsey Cox - Bill - FCC finalizes rules for 'all-in' cable and satellite pricing; commission to vote in March - cnbc.com - Washington

FCC finalizes rules for 'all-in' cable and satellite pricing; commission to vote in March

WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced it has finalized rules that will require cable and satellite providers to display an "all-in" price for video programming on consumers' bills and promotional materials. The Federal Communications Commission's final rules are largely similar to those the agency initially proposed last year. The commission plans to vote to adopt the new requirement during its upcoming March 14 open meeting. "We're working to make it so the advertised price for a service is the price you pay when your bill arrives," FCC Chairwoman Jessica Rosenworcel said in a

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Joe Biden - Chelsey Cox - Action - Budget office projects Biden green energy plan will cost much more than initial estimate - cnbc.com - Washington

Budget office projects Biden green energy plan will cost much more than initial estimate

WASHINGTON — The U.S. budget deficit will grow by an estimated $1 trillion over the next 10 years, the nonpartisan Congressional Budget Office projected in a new report Wednesday. Part of that growth will be driven by unexpectedly high costs related to President Joe Biden's signature policy goal: Reorienting the U.S. economy towards greener energy, the CBO found. "I came to office determined to ... face the existential threat of climate and still grow, to fundamentally change our economy, and to transition this country to a clean energy future," Biden said last October. The CBO proje

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Chelsey Cox - FTC fines Kubota $2 million in largest ever 'Made in the USA' penalty - cnbc.com - Usa - Washington

FTC fines Kubota $2 million in largest ever 'Made in the USA' penalty

WASHINGTON — The Federal Trade Commission on Friday announced that it fined Kubota, one of the world's largest tractor manufacturing companies, $2 million for mislabeling some of its replacement parts as "Made in the USA." "Today's settlement includes the largest civil penalty assessed for violating the Made in USA Labeling Rule," said Samuel Levine, director of the FTC's Bureau of Consumer Protection. "The FTC will continue cracking down on deceptive Made in USA claims that cheat consumers and honest businesses."   Dallas-based Kubota North America Corporation violated the 2021 rule by l

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