US Lawmakers Consider Changes to Bill That Could Give Government New Powers to Ban TikTok

[ad_1] U.S. lawmakers are considering changes to address concerns about a bill that would give the Biden administration new powers to ban Chinese-owned TikTok, the chair of the Senate Intelligence Committee who has cosponsored the legislation said on Monday. Democratic Senator Mark Warner told Reuters that aggressive lobbying by the ByteDance-owned short video app TikTok … Read more

US President Joe Biden Calls Proposal to Reduce Crypto Tax ‘Unacceptable’ Amid Debt Pressure: Report

[ad_1] The US is not ready to take any financial risk or lose incoming capital, especially now when its economy has hit an inflation-ridden roadblock. US President Joe Biden, under the circumstances, is not considering any relaxation in taxes levied on crypto holders and investors in the country. Biden’s stance on slashing crypto taxes came … Read more