Category «Financial System»

Social Security Faces a Crisis, but Sound Tax Policy Can Help

Bloomberg Tax: “Social Security, one of the most successful anti-poverty programs in US history, faces a funding crisis by 2035. Raising taxes on upper-income earners and including investment income in the taxable base for Social Security would be practical and politically plausible solutions ahead of this deadline. The economic stability offered by the Social Security …

Subjects: Economy, Financial System, Legal Research, Poverty

AI in Finance and Banking, November 30, 2024

Via LLRX – AI in Finance and Banking, November 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological …

Subjects: AI, Education, Financial System, Legal Research

The intensifying threat of Donald Trump’s emolument

CREW: Donald Trump will violate the Foreign and Domestic Emoluments Clauses if he serves as president and fails to divest from his businesses. Likely sources of his illegal emoluments would include, but not be limited to: Truth Social parent company, Trump Media and Technology Group Trump World Tower Saudi-funded LIV Golf league and Real estate …

Subjects: Congress, Courts, Financial System, Government Documents, Legal Research, Legislation

527 Explorer

ProPublica 527 Explorer – “Every year, hundreds of millions of dollars flow through political organizations known as 527s. These organizations are not regulated by the Federal Election Commission and are not subject to FEC-style restrictions on who can contribute or how much they can give, though donations are not tax deductible. These groups are spending …

Subjects: Economy, Financial System, Government Documents, Legal Research

Judicial Remedies To Restore Competition in the Market for General Search

Yale Tobin Center for Public Policy. Judicial Remedies To Restore Lost Competition in the Market for General Search. September 4, 2024 (Working Draft). by Fiona Scott Morton, David Dinielli, Alissa Cooper, Gene Kimmelman, Margaret O’Grady. “The Trial – Last month, a United States federal judge found Google (today known as “Alphabet”) liable for illegal monopolization …

Subjects: Courts, Economy, Financial System, Internet, Knowledge Management, Legal Research, Search Engines

Tracking Trump’s picks for his Cabinet and administration

Unpaywalled – Here are the people Trump has named to his incoming administration or the top contenders for unfilled roles based on our reporting. We will continue to update this article. The New York Times – Tracking Trump’s Cabinet and Staff Nominations [unpaywalled] – President-elect Donald J. Trump has quickly begun to assemble the list …

Subjects: Congress, Economy, Energy, Financial System, Government Documents, Legal Research

AI in Finance and Banking, November 17, 2024

Via LLRX – AI in Finance and Banking, November 17, 2024 – This semi-monthly column by  Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers and conferences, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary …

Subjects: AI, Economy, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, November 16, 2024

Pete Recommends – Weekly highlights on cyber security issues, November 16, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex …

Subjects: Cybercrime, Cybersecurity, E-Records, Financial System, Internet, Privacy

United States International Trade Commission annual datasets of US import tariffs

Data is Plural: “The United States International Trade Commission maintains annual datasets of US import tariffs going back to 1997. The datasets include each impacted product’s eight-digit Harmonized Tariff Schedule code, a brief description, the duty rate, rate type, effective and ending dates, and more. The commission also publishes a tariff search tool and data …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research

Genetic Discrimination Is Coming for Us All

The Atlantic: [unpaywalled] “Insurers are refusing to cover Americans whose DNA reveals health risks. It’s perfectly legal…Studies have shown that people seek out additional insurance when they have increased genetic odds of becoming ill or dying. “Life insurers carefully evaluate each applicant’s health, determining premiums and coverage based on life expectancy,” Jan Graeber, a senior …

Subjects: Civil Liberties, Financial System, Health Care, Medicine, Privacy

100 Most Powerful People in Business

Fortune: “How do you measure power, exactly? Revenue alone doesn’t define it, nor does seniority. Who is more powerful: the CEO who oversees a $20 billion enterprise? Or the AI genius who leaves that bureaucratic behemoth to found a nimble, paradigm-shifting startup? The farsighted venture capitalist who inks a term sheet to fund said startup? …

Subjects: Economy, Energy, Environmental Law, Financial System, Government Documents, Legal Research, Transportation

GAO Congressional and Presidential Transition Resources

[On November 5, 2024] Americans voted for members of the 119th Congress and a new president. Representatives and senators will be sworn in on Friday, January 3. As they take office, our nation faces many significant challenges—including those that threaten national security, financial stability, public health, and more. Our work here at GAO highlights some …

Subjects: Congress, Defense, Economy, Financial System, Government Documents, Health Care, Legal Research, Legislation