Credit Card Rewards and Government Regulation

The Biden administration's CFPB and DOT held a hearing to scrutinize credit card rewards, with senators pushing for new mandates. The Electronic Payments Coalition defends the value and accessibility of reward programs, citing consumer benefits and increased earnings.

Cliven Bundy's Standoff over Ranching in Nevada

Ten years after a standoff over ranching on federal land in southern Nevada, Cliven Bundy's cattle still graze on the land and Bundy remains defiant despite owing over $1 million in unpaid grazing fees. The standoff in 2014 ended without shots fired, with supporters including militia members and Bundy's family rallying against federal agents. The Bundys continue to ranch on the land, claiming local sovereignty and resisting federal regulation.

Legal Challenges to Corporate Transparency Laws in the U.S.

Alabama Supreme Court ruling that frozen embryos can be considered children under state law, U.S. District Judge rules Corporate Transparency Act unconstitutional, National Small Business Association challenges reporting rule, Treasury Department cannot require small business owners to report details, legal challenge between privacy rights and government's effort to uncover criminal activity, Treasury Department complying with court's injunction, bipartisan Corporate Transparency Act aimed at combating financial crime