Biden’s nominee for IRS chief confirmed by Senate

Biden’s nominee for IRS chief confirmed by Senate

[ad_1] Republicans, meanwhile, have promised to grill Werfel on everything from what they view as the agency’s excessive funding to the leak of confidential taxpayer information. Senate Finance Committee Ron Wyden (D-Ore.) said in a floor speech Wednesday that Werfel can handle the crosswinds, given his stint as acting commissioner of the IRS in 2013…

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Manchin to oppose Biden’s nominee to head IRS

Manchin to oppose Biden’s nominee to head IRS

[ad_1] Manchin’s move also comes as he faces the prospect of a tough reelection race next year in his Republican-leaning state. He has not said whether he’ll run for another term. Manchin’s opposition is unlikely endanger Werfel’s nomination, which appears assured. Werfel won bipartisan support on the chamber’s Finance Committee, with three Republicans there backing…

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Biden’s former antitrust guru issues a warning

Biden’s former antitrust guru issues a warning

[ad_1] At a gathering for global antitrust thinkers and policymakers in Brussels last week, Wu spoke about — and directly to — a movement that has hit a high-water mark under Biden. Regulators have pushed hard against corporate growth with some major cases, including the Justice Department’s new lawsuit to block JetBlue’s takeover of Spirit…

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