US Congress news and information
Read the latest business news today at Congress.net
Tensions reached a boiling point in Washington this week as U.S. lawmakers and cryptocurrency industry executives met to discuss the future of the crypto market structure bill. The meeting followed a leaked proposal from Democratic senators that would impose strict permissioned requirements on the decentralized finance (DeFi) sector, sparking outrage among crypto advocates. According to…
The Verizon class action lawsuit has ended in a colossal settlement, and claimants will soon receive their compensation. Verizon Communications Inc. has agreed to a $100 million settlement in a class action lawsuit alleging that the company charged customers undisclosed administrative and recovery fees between January 1, 2016, and November 8, 2023. The settlement aims…
California has officially prohibited online sweepstakes casinos after Governor Gavin Newsom signed AB 831 into law. The legislation makes it illegal to facilitate or promote sweepstakes-style online gaming. Enforcement now extends beyond operators to include payment processors, affiliates, content suppliers, and platform providers. The law targets unregulated gaming models that mimic casino experiences but operate…
The public utilities field is made up of several key companies in the US, while in other countries they are often government-owned. The public utilities sector forms the backbone of modern civilization, providing essential services such as electricity, natural gas, water, and waste management. These services are critical to both households and industries, ensuring that…
There are many well known companies in the consumer durables field, spread across various sub-categories. The consumer durables sector includes companies that manufacture goods designed to last for several years. Unlike consumables such as food or toiletries, durable goods — including appliances, vehicles, electronics, and furniture — provide long-term utility and often require significant upfront…
In this article, we review the worst long-term care insurance companies in the United States. Long-term care insurance (LTCI) is designed to help cover the costs of assisted living, nursing homes, and in-home care for individuals who can no longer perform daily activities on their own. While this type of coverage can provide financial relief…
The U.S. Senate has passed a new artificial intelligence (AI) amendment that could reshape global technology trade and impact industries from chipmaking to crypto mining. Lawmakers approved the Guaranteeing Access and Innovation for National Artificial Intelligence Act of 2026, or GAIN Act, as part of the National Defense Authorization Act (NDAA). The legislation requires chipmakers…
St. Louis Federal Reserve President Alberto Musalem indicated Friday that there may be room for an additional interest rate cut to support the U.S. labor market. Speaking at the Springfield Area Chamber of Commerce in Missouri, Musalem emphasized the need for caution, noting that inflation remains “materially” above the Fed’s 2% target. “I am open-minded…
A new report published by the news outlet Money BetterThisWorld is sounding an alarm: the Washington, D.C. labor market — long sustained by the federal presence — is beginning to show signs of weakening, largely driven by a wave of job cuts initiated by the Department of Government Efficiency (DOGE). The report, which draws on…
Washington D.C., the nation’s capital, is often thought of primarily as the seat of American politics. Yet beyond the iconic monuments, historic buildings, and bustling corridors of power, the city sustains a complex and dynamic economy shaped by both public and private sectors. Its unique position as the hub of U.S. government operations makes D.C.’s…