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 commissionerContinue Reading

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,Continue Reading

Biden’s next battle in his opioids fight: His own bureaucracy

[ad_1] The law, enacted in December, eliminated a requirement that practitioners go through time-consuming training to prescribe buprenorphine, which helps patients wean themselves from dangerous opioids like fentanyl or heroin. It also lifted restrictions on the number of patients doctors could treat with the drug. But buprenorphine is itself anContinue Reading

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 toContinue Reading