Merck is suing the government over Medicare drug prices

marketwatch.com Pharmaceutical company Merck sued the federal government over the Inflation Reduction Act provision that allows Medicare to negotiate drug prices—a law that could help…

U.S. House Republicans Propose New Crypto Asset Rules

coinmarketcap.com Draft legislation proposed by Republican chairs of key committees in the U.S. House of Representatives seeks to establish oversight for the digital assets sector and provide…

U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball

coindesk.com Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and…

Crypto is in chaos as FTX files for bankruptcy

edition.cnn.com In the space of a week, a 30-year-old entrepreneur once hailed as a modern-day J.P. Morgan watched his digital empire, including billions of his own fortune, evaporate in a…

Key House committees team up on bill that would provide clarity to crypto markets

fortune.com After Congress narrowly avoided a debt ceiling calamity, two House committees are turning their attention back to crypto legislation. On Friday, House Financial Services and…

US Lacks 'Effective Tool' To Stop China’s Tech Theft: Treasury Official

zerohedge.com US Lacks 'Effective Tool' To Stop China’s Tech Theft: Treasury Official Authored by Andrew Thornebrooke via The Epoch Times (emphasis ours), The United States lacks an…

Why the left held its fire on no-win debt deal

politico.com Elizabeth Warren doesn’t like much at all about the deal to raise the debt ceiling. The only reason she might vote for it is hardly an endorsement: default would be worse.…

Joe Manchin trails GOP challenger by 22 points in key Senate race: Poll

newsweek.com West Virginia Senator Joe Manchin is trailing GOP challenger Governor Jim Justice by 22 points in a new poll, a troubling sign for Democrats hoping to keep control of the…

Historic gains: Low-income workers scored in the Covid economy

politico.com Progressive lawmakers and economists have questioned whether progress for low-wage workers is being sacrificed in pursuit of price stability. | POLITICO illustration/Photos…

With Doug Mastriano Out, That’s One Less Worry for Mitch McConnell

vanityfair.com In what is no doubt a relief to Senate minority leader Mitch McConnell, Christian nationalist Doug Mastriano announced he will not run in Pennsylvania’s upcoming US Senate…

GOP worries 'oatmeal' Bob Casey might be too tough to beat this cycle

politico.com PHILADELPHIA — Pennsylvania Treasurer Stacy Garrity, a rising star in the state’s GOP, is keeping her options open ahead of the 2024 Senate election. She isn’t ruling out a…