Bill Swindell

1 week ago | news.bloomberglaw.com | Zach Williams |Bill Swindell |Amanda Allen

President Donald Trump and top New York officials would face a potential first-in-the-nation state ban on profiting from cryptocurrency businesses while in office under legislation sponsored by a state lawmaker. State Sen. Zellnor Myrie (D) introduced the bill (S.B. 8214) in response to the president encouraging investments in a cryptocurrency associated with him as well as hosting a dinner for top purchasers of his memecoin at his Virginia golf club.

3 weeks ago | news.bloomberglaw.com | Andrew Oxford |Bill Swindell

California lawmakers are aiming to shore up consumer financial protections for state residents as the Trump administration tries to defang the federal Consumer Financial Protection Bureau. The state legislature is advancing measures that would expand California regulators’ authority to crack down on abusive practices and bring more scrutiny to potential discrimination by state-chartered financial institutions.

3 weeks ago | news.bloombergtax.com | Andrew Oxford |Bill Swindell

California lawmakers are aiming to shore up consumer financial protections for state residents as the Trump administration tries to defang the federal Consumer Financial Protection Bureau. The state legislature is advancing measures that would expand California regulators’ authority to crack down on abusive practices and bring more scrutiny to potential discrimination by state-chartered financial institutions.

1 month ago | news.bgov.com | Andrew Oxford |Bill Swindell |Bernie Kohn

Covid-19 was ripping across the world, California was urging residents to stay home, and it was all getting in Elon Musk’s way. Determined not to let pandemic precautions dent factory production, the CEO of Tesla Inc. reopened the company’s Bay Area production plant, flouting local policies. “F*ck Elon Musk,” Lorena Gonzalez, then a California state assembly member, posted to Twitter on May 9, 2020. Gonzalez’s comment broke with Democratic orthodoxy.

2 months ago | news.bloombergtax.com | Zach Williams |Bill Swindell

New York lawmakers are divided on a proposal by Gov. Kathy Hochul (D) to send households checks for as much as $500 and are calling for income tax increases as the state faces fiscal uncertainty. While the Assembly backed Hochul’s measure in the budget resolution it released late Monday, the Senate wants the rebates to be limited to senior taxpayers, ages 63 or older. Both chambers also called to raise income taxes on high earners and large companies.