The Latest Breaking News from Elizabeth Warren

The Massachusetts senator also came out in favor of creating a central bank digital currency

Sanders took shots at Elon Musk, Jeff Bezos over their space exploration ambitions.

WASHINGTON — Senate Finance Committee Democrats are discussing ways to tax large oil and gas companies’ excess profits that could be tied to the recent spike in global crude oil prices and use the revenue to provide financial support to consumers impacted by higher costs at the pump.

Driven by sharply higher gas prices, Democrats are discussing ways to tax large oil and gas companies' excess profits and return the money to consumers.

Plus: Masculinity tied to inflated IQ estimates, contempt for Warren's crypto bill, and more...

Fearing Russia’s elite will evade economic sanctions by converting their wealth to cryptocurrency, high-profile US Democratic senator Elizabeth Warren has introduced a bill into US Congress to stymie Russian crypto transactions.

Democrat U.S. senators strive for The Digital Asset Sanctions Compliance Act to enable President Biden to sanction foreign crypto firms doing business with sanctioned Russian entities and prevent them from transacting with U.S. customers amid the country's Ukraine invasion. The bill could ramp up pressure on misuse of crypto exchanges to circumvent…

Democratic U.S. senators introduced a bill on Thursday that would enable the president to sanction foreign cryptocurrency firms doing business with sanctioned Russian entities and prevent them from transacting with U.S. customers.

WASHINGTON — After giving the IRS its biggest budget boost in years, some lawmakers are turning to new efforts to deliver resources to the beleaguered agency in the middle of a tax filing season plagued by lengthy delays and a hefty backlog of unprocessed returns.