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Search resuls for: "Earl Blumenauer"


4 mentions found


☆ US lawmakers push SEC to order audit of Shein IPO over Uyghur forced labor fears
  + stars: | 2023-05-01 | by ( Arriana Mclymore | Thomson Reuters | Arriana Mclymore Is A New York-Based Reporter Covering E-Commerce | ) www.reuters.com   time to read: +3 min
The U.S. lawmakers want the SEC to mandate Shein to independently audit and verify "that the company does not use Uyghur forced labor as a condition of being registered to issue securities in the United States," the letter said. Sources have said Shein is eyeing an IPO in the U.S. this year. Rights groups and governments have accused China of forced labor and internment of Uyghurs, a mainly Muslim ethnic minority, in Xinjiang. They say the exception allows websites selling cheap Chinese goods to evade millions of dollars in taxes and fees, as well as regulations banning forced labor in the consumer product supply chain. "As a global company, SHEIN takes visibility across our entire supply chain seriously.
☆ Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline
  + stars: | 2023-04-27 | by ( Stefan Sykes | ) www.cnbc.com   time to read: +3 min
Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the US Capitol in Washington, D.C., US, on Wednesday, Sept. 14, 2022. A group of bipartisan lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act in the House and Senate on Wednesday, after the legislation designed to free up banking services for the cannabis industry stalled in last year's Congress. "For the first time, we have a path for SAFE Banking to move through the Senate Banking Committee and get a vote on the floor of the Senate," Merkley said in a statement. The bipartisan nature of the SAFE Banking Act's reintroduction appeared to boost hopes of more relief to come in the industry. It is past time that Congress addresses the irrational, unfair, and unsafe prohibition of basic banking services to state-legal cannabis businesses," said Blumenauer, founder and co-chair of the Congressional Cannabis Caucus.
☆ Mitt Romney calls new bike lanes 'the height of stupidity' as bicyclists press Congress to make roads safer and e-bikes cheaper
  + stars: | 2023-04-03 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +5 min
Sen. Mitt Romney said making room for bike lanes is "the height of stupidity" and opposes e-bike credits. "Removing automobile lanes to put in bike lanes is, in my opinion, the height of stupidity, it means more cars backing up, creating more emissions." "There is a widespread suspicion on the right today that liberals want to take away their way of life," Carney told Insider. That is in the background of the mind of every conservative, and so when they hear more bike lanes, they think, 'Okay, what is that code for?'" Carney told attendees at the annual National Bike Summit in Washington last week to frame their efforts as building safer and more interconnected communities.
☆ Democrats want to make electric bikes much cheaper by giving you up to $1,500 to buy one
  + stars: | 2023-03-27 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +5 min
A new bill would give Americans up to $1,500 off the purchase of an electric bicycle. The Senate cut this legislation out of the 2022 Inflation Reduction Act, but included subsidies for electric cars and SUVs. Biking advocates argue that electric bikes should be subsidized just as electric cars have been for years. Electric bikes have boomed in popularity in the US over the last several years. E-bike tax credits introduced by cities and states around the country have become hugely popular in recent years.
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