Tax collection, Tax penalties, Taxpayer compliance -- Law & legislation, and Tax enforcement
Abstract
The article focuses on tax-compliance law, Foreign Account Tax Compliance Act (FATCA), passed by the U.S. Congress in 2010, designed to stop Americans stashing money abroad to evade tax. Topics discussed include criticism on FATCA, lawsuit filed by the Association of Accidental Americans against FATCA, and background of the Common Reporting Standard (CRS).
Export controls -- United States, National security -- United States, and Economic security -- United States
Abstract
The article explores the move by the U.S. Congress to introduce proposals for a series of export controls on products important to U.S. national and economic security. Senator Marco Rubio of Florida regarded China as the most comprehensive threat to the U.S. The issue has caused division between the Republican Party and the Democratic Party.
The article reports that the U.S. House of Representatives has issued subpoenas in order to have access to financial records of President Donald Trump.
Federal Reserve monetary policy, International trade disputes, Central banking industry -- Congresses, Central banking industry -- United States, and Monetary policy -- United States
Abstract
The article discusses the highlights of the 2019 annual meeting of central bankers and economists held at Jackson Hole, a mountain resort in Wyoming. Jerome Powell, chairman of the U.S. Federal Reserve, delivered the opening remarks. The conference's participants were skeptic about whether monetary policy could entirely offset the effects of the trade war between the U.S. and China.
Impeachment of presidents, Democrats, Contempt of legislative bodies -- United States, and United States legislators
Abstract
The article deals with the launch of an impeachment inquiry against U.S. President Donald Trump in 2019. It assesses some options for the U.S. Congress for dealing with the Trump administration's unwillingness to cooperate with the proceedings. The plan of some Democrats to revive the legislative body's powers of inherent contempt is discussed, as well as the expectation that Republicans in the Senate will defend Trump.
International relations -- Congresses, Forums (Discussion & debate), China -- Foreign relations -- 21st century, British withdrawal from the European Union, 2016-, and Foreign relations of the United States -- 2017-
Abstract
The article presents the highlights of the 2019 Stockholm China Forum hosted by Sweden's foreign ministry and the German Marshall Fund. The forum was attended by politicians, officials, ambassadors, business bosses, scholars and journalists. They discussed topics such as the global rise of China, Great Britain's exit from the European Union and the foreign policy of President Donald Trump.
War -- Law & legislation, Yemeni Civil War, 2015-, and Executive power -- United States
Abstract
The article comments on the failure of the U.S. Congress to stop wars launched by the president. In 2019, President Donald Trump has decided to veto a bill that might have forced him to end the country's support for the war against the Houthi militia in Yemen. Most presidents claimed that the War Powers Resolution's demands infringed their executive powers.
Legislative oversight -- United States, Presidents of the United States, and Partisanship
Abstract
The article analyzes the impact of U.S. President Donald Trump's war on oversight on the relationship between Congress and the presidency. The war on congressional oversight has been attributed to partisanship resulted from the rising tension between the Democratic Party and the Republican Party. The failure of Trump to comply with the oversight power of Congress is discussed.
Impeachment of presidents, American military assistance, and Republicans
Abstract
The article speculates on the outcome of the impeachment trial of U.S. President Donald Trump in the Senate. U.S. diplomat William Taylor claimed that Trump threatened to withhold military aid to Ukraine unless President Volodymr Zelensky launched an investigation into the son of former U.S. Vice President and Democratic presidential contender Joe Biden. Republicans in the Senate have been expected to defend the president during the trial.
Elections -- United States, United States -- Politics & government -- 2017-, and Political change
Abstract
The article analyzes the political implications of the Democratic Party's victory in the U.S. House of Representatives in the 2018 mid-term election. The victory of Democrats is expected to extend the political division as they end the Republican Party's domination. The impact of the House's leadership change on the way the federal government operates is discussed, particularly on the legislative agenda of President Donald Trump.
Drug prices, Recycled products, Drug development, Generic drugs, and Governmental investigations -- United States
Abstract
The article reports on the U.S. Congress investigation concerning the cost of medicines. Topics discussed include reason drug repurposing is cheaper compared to developing new drugs for non-lucrative ailments, how governments support drug development, and generic medicines that governments have failed to take advantage of.
The article reports on the U.S. Congress investigation concerning the cost of medicines, headed by Senator Chuck Grassley. Topics discussed include increase in the price of insulin, international pricing index unveiled by the administration of President Donald Trump, and why drug companies pointed to pharmacy-benefit managers (PBMS) as the reason for higher list prices.
The article discusses the failure of gerrymandering in the U.S. House of Representatives as the over-representation of Republicans ended following the 2018 mid-term elections.
Presidential candidates and United States presidential election, 2020
Abstract
The reports on Democrats running for president in the 2020 elections, their proposals to transform the U.S. and their need for a working Senate majority to get more ambitious schemes through. Topics discussed include top-tier candidates who are opting to be second- or third-tier presidential candidates including Beto O'Rourke and Steve Bullock and the importance of policy differences over foreign affairs and trade.
Body armor, Materials science, and Strength of materials
Abstract
The article reports on the plan of researcher Michael Golt of the U.S. Army Research Laboratory (ARL) to speed up the testing of new materials for making body armor. Golt announced the plan in response a request by Congress to reduce the weight of the body armor worn by U.S. soldiers. He will study the source of strength of a ceramic plate.
The article reports on announcement of Congressman Joe Kennedy that he was going to run for U.S. Senate. Topics discussed include statement from political consultant Scott Ferson on why Kennedy decided to take on Ed Markey, a well-liked Washington veteran, family background of Kennedy, and site of his political campaign.
The article comments on the implications of the decision of Paul Ryan, the Speaker of the U.S. House of Representatives, not to seek re-election in November 2018. Ryan is regarded as the future of the Republican Party once before the party left him. The reputation of Ryan as a champion of compassionate conservatism is recognized. Also discussed is the difference between the Republican politics of Ryan and President Donald Trump.