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Commentary: Congress Should Improve Affordable Care Act

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Former President Trump attacked the ACA over the past four years and Republican leaders in Congress and several states tried to dismantle it since it was passed a decade ago. Biden and Congress will have the opportunity to improve ACA. In the short term, the ACA is likely to be beefed up as part of the COVID-relief bill moving through Congress.

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“Security, security, security,” Mrs. Pelosi said in a letter to fellow House Democrats. They suggested Mrs. Pelosi or her office rebuffed efforts to have National Guard troops in place ahead of time because of how that might appear. “Five weeks have passed since the January 6th attack on the Capitol building, and many important questions about your responsibility for…

Complaints about credit reports accounted for more than 50 percent of all consumer complaints to the Consumer Financial Protection Bureau in 2020. Incorrect information on credit reports was the top complaint according to the CFPB. “Credit report errors are all-too-common and can do serious lasting damage to your financial security,” said Syed Ejaz, policy…

Feb. 9— Kentucky Auditor Mike Harmon provided more details Tuesday about the state's beleaguered unemployment insurance office and fund, saying his findings “should be deeply concerning to taxpayers and those who have filed for unemployment insurance benefits.” Harmon spokesman Michael Goins said none of the federal law violations rose to the level to have…

Feb. 8— TOPEKA— It was bad enough that Jon Carlson's personal information was used to file a fraudulent unemployment claim in December. Then, a few days ago, the Lawrence resident received a form saying he owed taxes on the benefits. Carlson, a construction observer and inspector, decided to email Amber Shultz, a former neighbor of his parents in Lawrence who had just…

LOUIS— For more than seven years after the death of a retired St. Louis teacher in 2012, her daughter kept collecting nearly $150,000 in pension benefits, federal charging documents unsealed this month say. She appeared in U.S. District Court in St. Louis on Monday. The Public School Retirement System of the City of St. Louis paid a total of $149,475 into the account…

By the end of last week, you could buy a share of GameStop— successor to Philadelphia’ s old Electronics Boutique digital-games store chain— for $64, a fat discount from the $300- plus you would have needed on Jan. 27. Alexandria Ocasio Cortez, D- N.Y., were bashing“ Wall Street” and demanding the federal government investigate why small investors weren’ t all able to buy…

The U.S. Attorney for the Western District of New York, James P. Kennedy Jr., issued the following news release on Feb. 4, 2021:. U.S. Attorney James P. Kennedy, Jr. announced today that a federal grand jury has returned an indictment charging Larry Jordan, 42, of Lancaster, NY, and Sutukh El a/k/a Curtis Jordan a/k/a Hugo Hurt, 38, of Buffalo, NY, with wire and bank fraud…

—In another reversal of Trump-era policy, the Biden administration on Wednesday dropped its discrimination lawsuit against Yale University that alleged the Ivy League school was illegally discriminating against Asian American and white applicants. The government accused Yale in October of violating civil rights laws because it“ discriminates based on…

Feb. 3— JEFFERSON CITY— Negotiations are underway in the Missouri Senate to shield businesses, churches and schools from lawsuits related to COVID-19. Bill White, R- Joplin, as the full Senate began debate on the proposal Tuesday. Jill Schupp, D- Creve Coeur.

The United States Attorney's Office announced that a grand jury returned a superseding indictment against ASHTON J. RYAN, age 73, of Kenner; WILLIAM BURNELL, age 71, of Kenner; ROBERT BRAD CALLOWAY, age 60, of Metairie; FRANK J. ADOLPH, age 61, of Kenner; and FRED V. BEEBE, age 62, of Donaldsonville, for defrauding First NBC Bank, the New Orleans- based bank that failed in…

United States Senator Elizabeth Warren; a member of the Senate Committee on Banking, Housing, and Urban Affairs; today sent a letter to Acting Securities and Exchange Commission Chair Allison Herren Lee requesting that the agency provide Congress and the public information on how they will address the dramatic swings in market valuation of GameStop and…

WASHINGTON, Jan. 29– The Competitive Enterprise Institute, a non-profit public policy organization, issued the following statement on Jan. 28, 2021, by financial policy expert John Berlau:. President Biden's Office of the Comptroller of the Currency today announced that it was halting publication of a final banking rule, pending review. CEI financial policy…

Robinhood, a no-fee investment app, prevented its users on Thursday from purchasing new stock in certain publicly traded companies, including GameStop, AMC Entertainment, and BlackBerry, among others. GameStop’ s stock, for example, began the month below $20 per share, but was north of $300 per share at Wednesday’ s market close. More than half of Robinhood’ s…
Fed Chair Jerome Powell

Chair Jerome Powell said Wednesday that the Federal Reserve will keep pursuing its low-interest rate policies until an economic recovery is well underway, acknowledging that the economy has faltered in recent months. The Fed said in a statement after its latest policy meeting that hiring and economic growth had slowed.

The Congressional Review Act was a little-used device that Republicans used frequently early in the Trump presidency. It’s a model that a Democrat-controlled Senate could employ to kill two rules that invited public scorn.

Department of Labor officials alerted the White House Wednesday that it has completed work on a reworked rule to regulate investment advice to workers and retirees. No details are available on any changes to the rule, which could be rescinded by the incoming Biden administration.
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