Politics Senate panel advances nominations for key Treasury positions
G-7 nations sign key pact to make tech giants pay fair taxes
LONDON (AP) — The world’s richest countries signed a landmark global agreement Saturday to confront tax avoidance and make sure that giant tech companies pay their fair share, Britain’s treasury chief said. Treasury chief Rishi Sunak said finance ministers from the Group of Seven leading industrialized nations signed the pact on the second and final day of meetings in London. “I’m delighted to announce that G-7 finance ministers today, after years of discussions, have reached a historic agreement to reform the global tax system to make it fit for the global digital age and crucially to make sure that it’s fair, so that the right companies pay the right tax in the rig
The Senate Finance Committee on Thursday advanced in bipartisan votes four of President Biden's nominees for key Treasury Department positions, as the administration seeks to make progress on the president's economic agenda.
The committee advanced the nominations of Lily Batchelder to be assistant secretary for tax policy, Nellie Liang to be under secretary for domestic finance, Benjamin Harris to be assistant secretary for economic policy and Jonathan Davidson to be assistant secretary for legislative affairs.
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La Negra, the daughter of fugitive cartel boss El Mencho, is scheduled to be sentenced Friday. Prosecutors want prison. She wants to be set free.Jessica Johanna Oseguera González, known as "La Negra," pleaded guilty in March to violating the Kingpin Act for her association with businesses blacklisted by the United States. But her attorney, Steven J. McCool, argued in court motions that González, 34, is the victim of "vindictive prosecution," citing the rarity of the charges against her.
Batchelder's nomination received a vote of 22-6 and Liang's nomination received a vote of 24-4. The committee unanimously voted to advance Harris and Davidson's nominations. The nominations now head to the full Senate.
The votes come as Biden has made a recovery from the coronavirus-related economic downturn a top priority. The president in March signed into law a $1.9 trillion relief package, and many aspects of that measure are being implemented by Treasury. Biden has also released a $2.25 trillion infrastructure proposal and a $1.8 trillion plan focused on education and child care, and he is pushing Congress to craft legislation based on these proposals.
Batchelder is a law professor at New York University and a former Obama administration official and aide to Finance Committee Democrats. Liang is a former Federal Reserve Official. Harris has long been an economic aide to Biden. Davidson was previously an aide to Sen. Michael Bennet (D-Colo.), a member of the Finance panel.
Finance Committee Chairman Ron Wyden (D-Ore.) said during a meeting of the panel earlier this week that he thinks the nominees are "very qualified."
NATO chief arrives in Washington looking ahead toward Russia and China, away from Afghanistan .
AFGHANISTAN IN REARVIEW MIRROR: NATO Secretary-General Jens Stoltenberg is in Washington today to meet with President Joe Biden and Defense Secretary Lloyd Austin ahead of next week’s summit of alliance leaders in Brussels. © Provided by Washington Examiner DOD header 2020 With the withdrawal of U.S. and NATO forces from Afghanistan expected to pass the halfway mark this week (the U.S. Central Command will release a new, updated percentage tomorrow), the pace the troop exit is ahead of schedule and on track to be completed well before the Sept. 11 deadline set by Biden.