In 2021 Congress passed and the president signed the Corporate Transparency Act or CTA as part of the larger Anti-Money Laundering Act. Under these laws the federal government targets tax fraud, terrorism, and money laundering by requiring US-formed corporations, limited liability companies, and any entity that registers its formation with […]
The House Congress is back open for business again after House lawmakers elected Rep. Mike Johnson (R-LA) as the next Speaker of the House following three unsuccessful nominations of prior candidates. With a Speaker now in office, the House can now conduct normal floor business including advancing appropriations bills. Upon […]
The House: House Republicans return to D.C. this week to pick their third nominee for Speaker of the House after Rep. Jim Jordan (R-OH) failed to win the necessary votes on the floor over three ballots. Announced Speaker candidates include the following: House Majority Whip Tom Emmer (R-MN) Mike Johnson […]
Congress Trudges On: Congress is effectively paralyzed with the House of Representatives still lacking a Speaker. Last week, House Majority Leader Steve Scalise (R-LA) won his party’s nomination to be Speaker before withdrawing his name from consideration amid his narrow victory over House Judiciary Committee Jim Jordan (R-OH). House Republicans […]
Congress in Standstill: Just as Congress narrowly averted a shutdown late last month, the House of Representatives is effectively closed for business after Members voted to remove Rep. Kevin McCarthy (R-CA) as Speaker of the House. Running to replace McCarthy are House Majority Leader Steve Scalise (R-LA) and House Judiciary […]
