Two top senators introduced a new legislation on June 20 that, if made into law, would require public reporting on retired U.S. service members working as consultants and contractors for foreign governments and creating civil penalties if they break the law. The bipartisan Retired Officers Conflict of Interest Act, co-sponsored by senators Elizabeth Warren (D-Mass.)…

The Biden administration’s assurances that there will be no expanded tax audits on businesses and households making less than $400,000 per year applies to “total positive” income without losses, according to testimony before the Senate Finance Committee. Chris Edwards of the CATO Institute testified before the committee on May 16 on the issue of the…