Economy Taxes and Trade
More on Economy Taxes and Trade
Today, Congressman Brad Sherman (CA-32) and Congressman Juan Vargas (CA-52) released the following statement upon the release of the Federal Housing Finance Administration's (FHFA) report on the Federal Home Loan Bank (FHLBank) system, FHLBanks at 100: Focusing on the Future:
WASHINGTON, D.C. – Representatives Brad Sherman (D-Calif.), Katie Porter (D-Calif.) and Don Beyer (D-Va.) along with United States Senators Elizabeth Warren (D-Mass.) and Patty Murray (D-Wash.) released the following statement on the announcement by the U.S. Department of Treasury and the Internal Revenue Service (IRS) of its 2024 pilot of Direct File, a program that will allow Americans to file tax returns digitally and free of charge.
Republicans seem indifferent to whether our men and women in uniform get paid, or whether pregnant women and infants get food.
WASHINGTON, D.C. – Congressman Brad Sherman (CA-32), senior member of the House Financial Services Committee and Ranking Member of the Subcommittee on Capital Markets, and Congresswoman Ann Wagner (MO-02), Chairwoman of the Subcommittee on Capital Markets, were joined by thirty-six of their colleagues on both sides of the aisle in a letter to the U.S.
WASHINGTON, DC -- The Biden administration proposed new rules for cryptocurrency brokers as Congress and regulatory agencies are looking to crack down on crypto tax evasion. The new rules would requirecryptocurrency brokersto report information on digital asset sales and exchanges to the Internal Revenue Services (IRS) and taxpayers.
WASHINGTON, DC -- Congressman Brad Sherman (CA-32), senior member of the House Financial Services Subcommittee and ranking member on the Capital Markets Subcommittee, led a hearing to protect American's freedom to responsibly invest.
The Capital Markets Subcommittee hearing focused on Republican efforts to prevent shareholders from knowing the environmental impact of the company and calling for shareholder votes.
WASHINGTON, DC -- Congressman Brad Sherman (CA-32) joined his fellow Democratic colleagues from the House Committee on Financial Services at a press conference to respond to Republican efforts to undermine responsible investing.
Washington, DC -- Lawmakers led by Congressman Brad Sherman (CA-32) and Senator Elizabeth Warren (Massachusetts) sent a letter to the IRS calling on the agency to make the free pilot electronic tax filing system available to more taxpayers next filing season.
"Today I, along with Senator Warren and dozens of my colleagues, called on the IRS to make the agency's free pilot direct tax filing system available next filing season to better serve American taxpayers," said Congressman Sherman, the only democrat CPA currently in Congress.
Washington, D.C. — Congressman Brad Sherman (CA-32) and fellow democratic members of the House Committee on Financial Services announced the introduction of a slate of reform bills in response to the recent bank failures that triggered the worst crisis for the sector since 2008.
"Although more must be done, today represents a significant step towards restoring confidence in our financial system," said Congressman Sherman.
Washington, D.C. -- Today Congressman Brad Sherman (CA-32), senior member of the House Committee on Financial Services, and Congressman Stephen Lynch (MA-8) sent a letter to the United States Treasury Department and the I.R.S. to urge the prompt release of proposed regulations that would bring the cryptocurrency industry into full tax compliance.
"For many years, the cryptocurrency industry has been a major source of tax evasion and a significant part of the nation's tax gap," said Congressman Sherman.