Bottom Line: JPMorgan Chase hires several former members of Congress

Finance

​JPMorgan Chase hired Venture Government Strategies to lobby on a range of issues related to tax, budget, banking, securities, housing and financial services. Former Rep. Kevin Yoder (R-Kansas) will work on the account.

Dentons also registered to lobby on these issues for JPMorgan Chase. Former Reps. Joe Crowley (D-N.Y.) and Jeff Denham (R-Calif.) will work on the account.

Ex-Biden chief of staff: President is ‘out there too much talking about bridges’

Former White House chief of staff Ron Klain on Tuesday reportedly bemoaned that President Biden is spending too much time talking about infrastructure projects like bridges as Americans deal with rising costs.

“I think the president is out there too much talking about bridges,” Klain said in comments reported by Politico, which obtained audio of his comments at an event hosted by “Democracy: A Journal of Ideas.”

“He does two or three events a week where he’s cutting ...

5 things to know about the tax filing deadline

The April 15 tax filing deadline is less than a week away at a pivotal moment for U.S. tax administration, with the IRS undergoing big changes in the wake of a major funding boost and offering new ways for Americans to file their taxes.

As of March 29, the IRS has received more than 90.3 million tax returns, and metrics are generally trending higher for this tax year compared to last.

The number of returns received by the IRS is up 0.2 percent compared to th...

5 things to know about the tax filing deadline

The April 15 tax filing deadline is less than a week away at a pivotal moment for U.S. tax administration, with the IRS undergoing big changes in the wake of a major funding boost and offering new ways for Americans to file their taxes. 

As of March 29, the IRS has received more than 90.3 million tax returns and metrics are generally trending higher for this tax year compared to last.

The number of returns received by the IRS is up 0.2 percent compared ...

Trump’s abortion stance draws bipartisan ire

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CVS drug plans will cover new OTC birth control pill for free

CVS prescription drug plans will cover the first nonprescription birth control pill in the U.S., eliminating a potential cost barrier for many women. 

The company’s pharmacy benefit manager (PBM), CVS Caremark, said Opill will be added to its preventive services oral contraceptives list for April 2024, meaning it will be covered at no cost for many sponsors.  

Opill was available in store at CVS pharmacies starting April 1. CVS is the first major pharmacy benefi...

Biden’s ‘tax cut’ rhetoric is really just code for benefit increases

President Biden’s rhetoric about his new budget proposal suggests it is full of tax relief for working families. For example, one White House fact sheet is headlined “The President’s Budget Cuts Taxes for Working Families and Makes Big Corporations and the Wealthy Pay Their Fair Share.”

Taking from the rich to give more to working (and even non-working) families is a familiar theme in Democrats’ income redistribution playbook. But the Biden administra...