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The best way to avoid identity theft is to be aware of common scams and their tell-tale signs. Online account tax scamsThe Internal Revenue Service has come out with guidance on this particular scam. It involves scammers who try to sell or offer help with setting up an online account with irs.gov , and it can subject your personal and tax information to identity theft. Make sure that any online tax account that you open begins at irs.gov. The most common one involves the supposed employer sending you a fake money order or fake company check to deposit into your bank account.

Persons: —, scammers Organizations: Service, Federal Trade Commission, FINRA Investor Education Foundation, Revenue Service, IRS, Valentine's Locations: irs.gov

Applying for a business credit card using an EIN keeps your personal and business finances separate. Advantages of using an EIN for business cardsUsing an EIN for business credit cards offers several advantages for business owners. SVB Innovators Card: The SVB Innovators Card earns 2x points on all business spending, making it a rewarding choice for business owners who want a business credit card using only an EIN. The SVB Innovators Card earns 2x points on all business spending, making it a rewarding choice for business owners who want a business credit card using only an EIN. How to obtain an EIN for business card applicationsIf you want to get a business credit card using your EIN, you might need to start by obtaining the EIN itself.

Persons: —, EIN, Holly Johnson, it's, Julia Menez, BILL, Keogh Organizations: Service, Internal Revenue Service, IRS, Card, EIN Locations: United States, Chevron

☆ Direct File is the most important tech product of 2024, helping you to finally file your taxes for free
▼ + stars: | 2024-01-22 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

I'll go further and say this offering is the most important tech product of 2024. Direct FileI'm talking about Direct File , a new way for many Americans to file their taxes for free. She also questioned the value of the new Direct File service in various ways. Give Direct File a tryWhich brings us back to the new Direct File service. When I searched for "free file taxes" this weekend, the top of Google's results page was full of ads.

Persons: —, Dan Grover, ChatGPT, It's, ProPublica, Tania Mercado, Mercado, Janet Yellen, Guess Organizations: Service, Business, Apple, Forbes, IRS, Intuit, Google, Internal Revenue Service, Revenue Locations: Silicon, Arizona , California, Florida , New York, Texas, ProPublica

☆ Investors may miss out on this key tax loophole if they actively trade a spot bitcoin ETF
▼ + stars: | 2024-01-18 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

But there's a catch with conventional assets: the wash sale rule . Now, tax professionals are flagging a potential wrinkle that may arise: Even though bitcoin itself isn't subject to the wash sale rule, a spot bitcoin ETF very well may be. Property versus security Under federal tax law, the IRS deems cryptocurrency to be property . Managing limitations At its core, that means investors should avoid swapping in and out of the same spot bitcoin ETF within the 61-day limit if they had sold the position. This also raises the question of whether dumping one spot bitcoin ETF for another would be deemed substantially identical.

Persons: Stephen Turanchik, Paul Hastings, Andrew Gordon, Dan Herron, Richard LaFalce, Morgan Lewis, Turanchik Organizations: Internal, Digital, Tax, Force, American Institute of CPAs, IRS, Gordon Law Group, Elemental Wealth, Investors Locations: San Luis Obispo , California

☆ How Long Does It Take to Get a Tax Refund?
▼ + stars: | 2024-01-15 | by ( E. Napoletano | ) www.wsj.com time to read: +6 min

By E. NapoletanoOver dinner with friends, you toast to having finished this year’s tax return: Everyone’s getting a tax refund! How you file your tax return greatly impacts how quickly your refund arrives. Four ways to get your tax refund fasterThere are a few basic situations where your refund can be delayed. E-fileIf you still put a stamp on your tax return, you may want to upgrade to e-filing. How to check your refund statusNo matter how you file, you can easily check your refund status using the IRS’s Where’s My Refund?

Persons: they’ve, Uncle Sam, Rob Burnette, haven’t, you’ll, “, you’re, Brian Eberle, it’s, Eberle, ” Organizations: Internal Revenue Service, IRS, Outlook Financial, Social Locations: Troy , Ohio, Minneapolis

☆ The new FAFSA form for 2024 was supposed to streamline the process. It took me 13 hours to complete — and only thanks to Reddit.
▼ + stars: | 2024-01-11 | by ( Erika Ebsworth-Goold | ) www.businessinsider.com time to read: +5 min

The Department of Education says the FAFSA overhaul will improve and streamline the application process. AdvertisementFirst, I started my son's application. It couldn't handle specific questions and simply referred me back to the general FAFSA site. It took another hour of trying before I could finally, blessedly, file the form — after 13 hours of trying. I'm glad my family got through what was a frustrating experience — although I'll feel better once we get confirmation that my son's application is processed successfully.

Persons: —, I'd, Aidan, Reddit, Aidan couldn't, it's Organizations: Service, US Department of, Federal Student Aid, of Education, Internal Revenue Service, Business, Social, Google, Department of Education, DOE

☆ OpenAI's nonprofit arm showed revenue of $45,000 last year, even though company is worth billions
▼ + stars: | 2023-12-12 | by ( Jordan Novet | ) www.cnbc.com time to read: +6 min

That's from the nonprofit parent's 990 filing with the Internal Revenue Service, a form that has to be filled out by organizations wishing to maintain their tax-exempt status. Thad Calabrese, a professor of public and nonprofit financial management at New York University, said OpenAI's current status is confusing, and is unlike anything he has seen in the nonprofit world. He said OpenAI could give up its nonprofit status, and he cited the Blue Cross Blue Shield Association, which in 1994 allowed associated nonprofit medical insurance plans to switch into for-profit entities. An OpenAI spokesperson didn't respond to a question about whether the organization is considering giving up its nonprofit status. Unlike OpenAI, Mozilla never raised money from venture and corporate investors, who expect returns on their investments.

Persons: Sam Altman, OpenAI's financials, OpenAI, That's, PlainSite, Altman, Helen Toner, Tasha McCauley, Ilya Sutskever, Thad Calabrese, Calabrese, didn't, Mark Surman, Surman, Altman's, hasn't, Bret Taylor Organizations: Internal Revenue Service, CNBC, New York University, Shield Association, Mozilla Foundation, Mozilla Corporation, Mozilla, Microsoft, Duke University Locations: California

☆ CNBC Daily Open: The rush for gold — and bitcoin
▼ + stars: | 2023-12-05 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +2 min

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Spot gold prices touched $2,100 an ounce, hitting a record high as investors rushed into the safe-haven asset. Wall Street catches a breathU.S. stocks markets slipped Monday, with investors questioning if markets climbed too fast, too soon following five straight weeks of gains.

Persons: Twilio Organizations: CNBC, Wall, Dow Jones, Nasdaq, Big Tech, Japan's Nikkei, Airlines, DoJ, Alaska Airlines, Hawaiian Airlines, Justice Department, JetBlue Airways, Spirit Airlines, Spotify, Department of Justice, Banque Pictet, Internal Revenue Service Locations: Miami Beach , Florida, U.S, Asia, Pacific, Swiss

☆ Ukraine’s US lifeline is hanging by a thinning thread
▼ + stars: | 2023-12-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

In a grave blow to its prospects, Ukraine aid has now been embroiled by Republicans in a separate imbroglio over immigration. While Ukraine’s survival is at stake, so is the reputation of the United States as a global leader. Johnson may struggle to retain his tenuous hold on his job if he uses Democratic votes to pass a Ukraine funding package. The Ukraine aid package is now caught in the most intractable US political issue — immigration. “We are at a moment in history.”But a group of Republican senators who normally back Ukraine aid signaled Monday they couldn’t move forward without immigration changes attached to the measure.

Persons: Vladimir Putin’s, Joe Biden, Israel —, “, Jake Sullivan, Vladimir, ”, Sullivan’s, Shalanda Young, Mike Johnson, United States Oksana Markarova, CNN’s Wolf, Volodymyr Zelensky, Lloyd Austin, Zelensky, Donald Trump, Putin, Trump –, Republican Sen, Jim Risch of, “ Vladimir Putin, …, he’s, outlasting, ” Risch, Ben Hodges, ” Hodges, Johnson, Biden, Chuck Schumer, Texas Sen, John Cornyn Organizations: CNN, White, of Management, GOP, Wing, Kremlin, Trump, Republican, Intelligence and Foreign Relations, Halifax International Security, US Army, of, Republicans, Democratic, New York Democrat, Texas, Ukraine, US Defense Department, Internal Revenue Service, – Locations: Israel, Ukraine, Russian, U.S, United States, Russia, Moscow, North Korea, Iran, Kyiv, Washington, China, Jim Risch of Idaho, Canada, Ret, — Washington, Berlin, Paris, London, of America, Europe, Crimea, Ukrainian, Mexico, Taiwan

☆ Biden administration announces new financial strike force to curb deadly fentanyl trade
▼ + stars: | 2023-12-04 | by ( Sam Fossum | ) edition.cnn.com time to read: +5 min

“The Treasury Department’s Counter-Fentanyl Strike Force will allow us to bring the Department’s unrivaled expertise in fighting financial crime to bear against this deadly epidemic. The strike force will be led by the department’s top sanctions official, Brian Nelson, and the chief of the Internal Revenue Service’s criminal investigations unit, James Lee. It will “redouble Treasury’s existing work streams, including using financial intelligence to understand risks and map transnational criminal organization (TCO) financial networks,” according to a news release. Several key units within the Treasury Department that specialize in financial crimes, sanctions, and tracking terrorist and illicit financing will be part of the new strike force. The new strike force will also help streamline the Treasury Department’s efforts to coordinate with local and federal law enforcement bodies on potential financial leads.

Persons: Janet Yellen, Brian Nelson, James Lee, ” Nelson, Xi Jinping, Joe Biden, Biden, Yellen, Nelson, “ Organizations: Washington CNN, Monday, Treasury Department, Treasury, Network, Foreign Assets Control, of Intelligence, US Treasury Department, Strike Force, Department, Drug Enforcement Agency, Department of Homeland Security, Department of Justice, US Centers for Disease Control, CNN, Mexican, Biden Locations: United States, China, Ukraine, Mexico

☆ Swiss Banque Pictet pays $123 mln for helping clients evade US taxes
▼ + stars: | 2023-12-04 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

According to prosecutors, U.S. taxpayers with Pictet accounts in Switzerland and elsewhere evaded about $50.6 million in taxes between 2008 and 2014. As part of the agreement, Banque Pictet agreed to pay $122.9 million to the U.S. Treasury. As part of the agreement, Pictet, which oversees 632 billion Swiss francs ($724 billion) in client assets, will implement remedial measures and cooperate with the authorities' investigation. U.S. authorities have long accused Swiss banks of helping wealthy Americans evade taxes, and Pictet signalled it had been in contact with the U.S. for more than a decade. Credit Suisse in 2014 agreed to pay a $2.5 billion fine for helping Americans evade taxes in a conspiracy that spanned decades.

Persons: Andrew Kelly, Banque Pictet, Jim Lee, Pictet, Julius Baer, Renaud de Planta, Marc Pictet, Luc Cohen, Noele, Jan Harvey, Bill Berkrot, Christina Fincher Organizations: Internal Revenue Service, Washington , D.C, REUTERS, Banque Pictet, Justice Department, Banque, U.S . Treasury, U.S, Credit Suisse, UBS, Prosecutors, Noele Illien, Thomson Locations: Washington ,, Swiss, Switzerland, Pictet, New York, Zurich

☆ New US rules on Chinese batteries could push up price of electric cars
▼ + stars: | 2023-12-04 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —The US government has announced new regulations that aim to keep Chinese batteries out of cars sold in the United States, a move that could push up the price of electric vehicles for American drivers. China is the world’s leader in EV battery production, dominating almost “every stage of the EV battery supply chain,” according to a 2023 report by the International Energy Agency (IEA). Tesla is a longtime customer of China’s CATL, the world’s largest EV battery maker. Doubling downThe new measures add to existing efforts by Washington to redirect auto manufacturing to the United States. “Financial incentives play an important role in the widespread adoption of electric vehicles,” researchers at George Washington University found in a 2022 study.

Persons: Biden, ” John Podesta, “, John Bozzella, ”, Tesla, China’s CATL, CATL, Jeff Kowalsky Organizations: Hong Kong CNN, EV, International Energy Agency, US Treasury, Internal Revenue Service, Department of Energy, Treasury, Officials, IEA, “, Alliance, Automotive Innovation, Ford, Getty, George Washington University, ” China’s Ministry of Foreign Affairs Locations: Hong Kong, United States, China, Russia, North Korea, Iran, America, Michigan, Washington, North America, Dearborn , Michigan, AFP, Europe, Beijing

☆ Yellen Heads to Mexico to Boost Cooperation on Fentanyl, Supply Chains
▼ + stars: | 2023-12-04 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will travel to Mexico City this week to promote cooperation with Mexican counterparts on combating illicit finance and the trafficking of fentanyl, along with strengthening Mexico's role in U.S. supply chains, Treasury officials said on Monday. Yellen's Dec. 5-7 trip will include meetings with Mexican President Andres Manuel Lopez Obrador, and the country's central bank governor and finance minister, among others, Treasury said in a statement. The trip follows Treasury's announcement on Monday of a counter-fentanyl "strike force" that will bring together the department's resources, including the Office of Terrorism and Financial Intelligence and the Internal Revenue Service's Criminal Investigation unit, to disrupt illicit drug trafficking. U.S. President Joe Biden and Chinese President Xi Jinping last month agreed to deepen cooperation to stem the flow of fentanyl precursor chemicals, which are often mixed by Mexican drug gangs before distribution in the U.S.(Reporting by David Lawder in Washington; Editing by Matthew Lewis)

Persons: Janet Yellen, Yellen's, Andres Manuel Lopez Obrador, Joe Biden, Xi Jinping, David Lawder, Matthew Lewis Organizations: WASHINGTON, . Treasury, Mexican, Terrorism, Financial Intelligence Locations: Mexico City, U.S, Washington

☆ Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS
▼ + stars: | 2023-12-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Banque Pictet, the private banking division of the 218-year-old Pictet Group, will pay about $122.9 million in restitution and penalties as part of an agreement with prosecutors. As part of the deal, the bank also agreed to cooperate with ongoing investigations into hidden bank accounts. The Pictet Group said in a statement that the deal follows its "extensive cooperation with the US authorities, in full compliance with Swiss law." The Pictet Group helped clients evade U.S. taxes by opening, maintaining and concealing undeclared accounts for them, prosecutors charged. The Pictet Group maintained about 529 offshore entities for the U.S. accounts in question during the relevant timeframe.

Persons: Damian Williams Organizations: Internal Revenue Service, Department of Justice, Banque Pictet, DOJ, Justice Department, Attorney, Southern, of, Pictet, Swiss, U.S Locations: Swiss, U.S, of New York, United States

☆ The Surprise Bill Coming to Those Who Underpay Their Taxes
▼ + stars: | 2023-12-03 | by ( Ashlea Ebeling | ) www.wsj.com time to read: 1 min

Rising interest rates factor into the Internal Revenue Service’s latest move on taxes. Photo Illustration: WSJ; STEFANI REYNOLDS/Agence France-Presse/Getty ImagesFailing to keep up with tax payments now could lead to an expensive surprise come next spring. As of Oct. 1, the Internal Revenue Service is charging 8% interest on estimated tax underpayments, up from 3% two years ago. The increase is one of the many effects of rising interest rates.

Persons: STEFANI REYNOLDS Organizations: Agence France, Internal Revenue Service

The Internal Revenue Service (IRS) has unveiled its annual inflation adjustments for the 2024 tax year, featuring a slight uptick in income thresholds for each bracket compared to 2023. Your taxable income and filing status determine both the tax rate and bracket that apply to you, outlining the amount you'll owe on different portions of your income. For both 2023 and 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Below, CNBC Select breaks down the updated tax brackets of 2024 and what you need to know. What we'll cover2024 tax brackets (for taxes filed in 2025)The tax inflation adjustments for 2024 rose by 5.4% from 2023 (which is slightly lower than the 7.1% increase the 2023 tax year had over the 2022 rates).

Organizations: Internal Revenue Service, CNBC, Better, CNBC Select's, Facebook, Twitter Locations: Mobile

☆ IRS Court Win Paves Way for Higher Taxes on Hedge-Fund Managers
▼ + stars: | 2023-11-30 | by ( Richard Rubin | Peter Rudegeair | ) www.wsj.com time to read: 1 min

The IRS has challenged investment funds over who qualifies for an exception that limited partners get from federal self-employment taxes. Photo: Ting Shen for the Wall Street JournalThe Internal Revenue Service scored a significant win over the hedge-fund and asset-management industries this week in a case that could bring higher taxes for many fund managers. The U.S. Tax Court’s ruling could require managers to pay self-employment taxes of more than 3% on much of their income. If the opinion survives additional legal battles and is applied broadly, it would close off a popular technique that lets them exclude millions of dollars in income from self-employment taxes and related levies that others must pay.

Persons: Ting Shen Organizations: IRS, Wall Street, Internal Revenue Service, U.S, Tax

☆ Opinion | How to Put ‘Community’ Back in the Mission of Community Hospitals
▼ + stars: | 2023-11-30 | by ( Amol S. Navathe | ) www.nytimes.com time to read: +2 min

What it means is that they are considered charities by the Internal Revenue Service (as opposed to being owned by investors, like for-profit hospitals). These hospitals proliferated after federal tax rules about 50 years ago made it easier to qualify for tax exemptions. So why are nonprofit hospitals behaving in ways that seem to focus more on dollars than patients? This looming likelihood, plus financial challenges from the pandemic, a severe worker shortage, rising inflation and stock market volatility have put nonprofit hospitals in survival mode. And you would think that focusing on the mission would be the top priority, though boards aren’t doing this consistently.

Organizations: Internal Revenue Service Locations: United States

☆ US pushes for extension of Gaza pause, but the possibility of war raging again looms large
▼ + stars: | 2023-11-27 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The Israeli Cabinet has discussed the idea and Prime Minister Benjamin Netanyahu told Biden in a call Sunday an extension would be welcome, his office said in a statement. In the short term, Israel and Hamas both appear to have strong reasons to continue the truce. Why the Gaza pause may eventually unravelAn extended pause in the fighting would play into humanitarian aims, but time may be short before the strategic goals of Israel or Hamas shift. In another sign that differences over the package could lead to further delays, Sen. Chris Murphy said he’d be open to conditioning Israeli aid on the protection of Palestinian civilians. And Israeli President Isaac Herzog told CNN’s Wolf Blitzer in an interview Sunday that he supported the idea for an “international coalition” to monitor Gaza after Hamas had been eradicated in the war.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, Jason J, Eaton, –, Israel, ”, Ben Hodges, Israel’s, Jake Sullivan, “, ” Sullivan, Abigail Edan, she’d, ’, Chris Christie, CNN’s Dana, Christie, Chuck Schumer, Donald Trump, Mike Turner, NBC’s “, Sen, Chris Murphy, he’d, Isaac Herzog, CNN’s Wolf Blitzer Organizations: CNN, Qatar –, Israel, Burlington Police Department, Police, Hamas, Biden, Democratic Party, Younger, GOP, New, Democratic, House Republicans, Internal Revenue Service, Pro, Donald Trump Republicans, Senate Republicans, House, Ohio Republican, Connecticut Democrat, Union Locations: Gaza, Israel, Washington, Nantucket , Massachusetts, Qatar, Vermont, “ State, American, Michigan, New Jersey, Ukraine, Connecticut, United States

☆ The No. 1 way to avoid scams when making charitable donations
▼ + stars: | 2023-11-26 | by ( Mike Winters | ) www.cnbc.com time to read: 1 min

You might be planning to donate to your favorite causes over the holidays, but scammers are also out in full force, setting up fake charities to take advantage of your generosity. Knowing whether you're donating to a legitimate charity isn't easy, however. Scammers often use fake websites and emails with official-looking branding. Other times, they might use an altered caller ID to trick you into thinking they're calling from a real charity. With that in mind, the Internal Revenue Service has been reminding people about bogus charities and what you can do to avoid them.

Organizations: Internal Revenue Service

☆ The IRS’s Act of $600 Mercy
▼ + stars: | 2023-11-22 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Journal Editorial Report: The week’s best and worst from Kim Strassel, Kyle Peterson, Mary O'Grady and Dan Henninger. Images: AP/AFP/Getty Images/Reuters/Zuma Press Composite: Mark KellyWhile rarely a bearer of good news, the Internal Revenue Service on Tuesday postponed a $600 reporting threshold for payments received via online platforms such as Venmo, eBay and Airbnb . The IRS is doing a favor for itself and President Biden as much as it is for Americans. Readers may recall that the American Rescue Plan Act in March 2021 lowered the threshold for third parties reporting transactions on Form 1099-K to $600 annually from $20,000. Democrats’ goal was to nab Americans who allegedly dodge taxes by failing to report income earned from, say, driving for Uber or renting out second homes on Airbnb.

Persons: Kim Strassel, Kyle Peterson, Mary O'Grady, Dan Henninger, Mark Kelly, Biden, ’ Organizations: Getty, Zuma, Internal Revenue Service, eBay, IRS, American, nab Locations: Airbnb

Sam Altman, CEO of ChatGPT maker OpenAI, attends an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. The nonprofit board overseeing the maker of the popular ChatGPT chatbot sent shock waves through Silicon Valley on Friday by abruptly firing Chief Executive Sam Altman. The trust that controls the candymaker agreed in 2016 to replace certain board members after the Pennsylvania attorney general challenged the trust's spending. Under OpenAI's bylaws, only directors can remove or elect new board members. Board members can sue other board members, either directly or on behalf of the organization, for failing to exercise their duties, said Reid.

Persons: Sam Altman, OpenAI, Issei Kato, chatbot, Satya Nadella, Alexander Reid, Darryll Jones, OpenAI's, Reid, Ilya Sutskever, Altman, Greg Brockman, Sutskever, Anthropic, Jody Godoy, Tom Hals, Matthew Lewis Organizations: Keio University, REUTERS, Microsoft, Hershey Co, Florida, M University, U.S . Internal Revenue Service, Reuters, OpenAI, Thomson Locations: Tokyo, Japan, Silicon Valley, Pennsylvania, U.S, New York

☆ IRS Delays Tax Rule for Online Sellers—Again
▼ + stars: | 2023-11-21 | by ( Ashlea Ebeling | Richard Rubin | ) www.wsj.com time to read: 1 min

The IRS again postponed enforcement of a law requiring e-commerce platforms like eBay to send the agency information about users earning more than $600 in revenue a year. Photo Illustration: Budrul Chukrut/SOPA Images/Getty ImagesThe Internal Revenue Service offered a surprise paperwork reprieve to millions of Americans as tax-filing season nears, delaying a new requirement affecting people who sell stuff on eBay , resell concert tickets, and use payment processors such as Venmo. For the second straight year, the IRS postponed enforcement of a law that requires those e-commerce and payment platforms to send the agency information about many users who receive more than $600 in revenue a year.

Persons: Budrul Chukrut Organizations: IRS, eBay, Internal Revenue Service

WASHINGTON (AP) — House Republicans issued a subpoena Tuesday to a senior federal prosecutor involved in the criminal investigation into Hunter Biden, demanding answers for what they allege is Justice Department interference in the yearslong case into the president's son. The subpoena to Wolf is the latest in a series of demands Jordan and fellow Republican chairmen have made as part of their sprawling impeachment inquiry into President Joe Biden. Political Cartoons View All 1262 ImagesThe inquiry is focused both on the Biden family's international business affairs and the Justice Department's investigation into Hunter Biden, which Republicans claim has been slow-walked and stonewalled since the case was opened in 2018. Republicans have claimed that it was clear that the prosecutors didn’t want to touch anything that would include Hunter Biden’s father. Nonetheless, Republicans are demanding Wolf appear before lawmakers as she has “first-hand knowledge of the Department’s criminal inquiry of Hunter Biden,” and refused a voluntary request to come in over the summer.

Persons: Hunter Biden, Jim Jordan, Lesley Wolf, ” Jordan, Wolf, Jordan, Joe Biden, Hunter, James, David Weiss, Hunter Biden’s, Gary Shapley, Weiss, ” Shapley, ”, Biden Organizations: WASHINGTON, —, Republicans, Department, Committee, The Associated Press, The Justice, Biden family's, Internal Revenue, Biden, Justice Department Locations: Delaware, U.S

☆ Passing at home, failing abroad: Grading Mike Johnson's first month as speaker
▼ + stars: | 2023-11-21 | by ( Madison Hall | ) www.businessinsider.com time to read: +9 min

In late October, House Republicans settled on a little-known congressman as their next leader. AdvertisementMike Johnson has been the speaker of the House for just under a month now following a testy race to succeed ousted former Speaker Kevin McCarthy. Johnson's so-called "laddered" approach has been heavily criticized by congressional Democrats, Republicans, and even the White House, who called it an "unserious proposal." AdvertisementSection 702: FailFBI Director Christopher Wray speaks during the daily press briefing at the White House, Thursday, Aug. 2, 2018, in Washington. AdvertisementWith just over a month left until the authorization expires, though, Johnson's been mum on the topic since becoming speaker.

Persons: Mike Johnson, Kevin McCarthy, —, Johnson, here's, Tom Brenner, McCarthy, Biden, Tom Emmer, Elise Stefanik, Steve Scalise, Alex Wong, Volodymyr Zelensky, Mitch McConnell, Chuck Schumer, Mandel Ngan, Michael McCaul, McCaul, Sandy Huffaker, Congress didn't, Christopher Wray, Evan Vucci, Jim Jordan, Johnson's, Patrick McHenry, Win McNamee, who's, he'd, McCarthy's Organizations: Republicans, Business, Service, The Washington, Getty, House Republican, Capitol, House Republicans, Internal Revenue Service, Democratic, White, Congress, Republican, Foreign Affairs Committee, American Farm Bureau Federation, Texas Farm Bureau, Foreign Intelligence, Associated Press, GOP Rep, FBI Locations: Israel, Gaza, Washington , DC, Ukraine, AFP, Mexico, Taiwan, California, Texas, Washington

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