The New York Attorney General proposed several rules aimed at protecting consumers against price gouging by sellers following market disruptions.
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Elizabeth Warren (D-MA), Tammy Baldwin (D-WI), Sherrod Brown (D-OH), Mark Pocan (D-WI) and Pramila Jayapal (D-WA) introduced a bill to govern the private funds that engage in change in control transactions.
Members of the House Subcommittee on Monetary Policy and Trade considered testimony on proposed legislation to expand the jurisdiction, and update the operations, of the Committee on Foreign Investment in the United States.
U.S. Senate Finance Committee members and industry experts debated recommendations on business tax reform.
The IRS and the U.S. Treasury Department examined proposed regulations to the Internal Revenue Code that would recharacterize certain debt instruments issued to related parties as equity for U.S. federal income tax purposes.