John Thune, the incoming Senate majority leader, said he hoped to have a comprehensive tax policy package in place by the summer, but acknowledged it would take some time to agree on changes to the complex tax code. Mr. Thune said failure was not an option when it came to taxes. According to Mr. Thune, the complex issues facing the tax reform bill include what benchmarks to use, whether to make the tax cuts permanent and what should be offset.
On November 14th, according to the US media Politico, US Senator John Thune from South Dakota was elected as the majority leader of the US Senate and will lead the Senate Republican caucus in the next term. He won a three-way election in a closed-door vote on Wednesday to succeed Minority Leader McConnell. In the Senate, given that the Republicans have a 53-seat majority, Thune will have some room to maneuver in the Senate. Thune, 63, has not yet committed to setting a term limit for the caucus ...
New York Democrat and Senate Majority Leader Chuck Schumer will speak Wednesday at a town hall meeting hosted by Crypto4Harris, a group that aims to reshape cryptocurrencies' relationship with presidential candidate and current Vice President Kamala Harris, according to people familiar with the matter. According to sources familiar with the matter, the New York Democrat will meet with the cryptocurrency industry at 8 PM EST.
According to sources, U.S. Senate Majority Leader Chuck Schumer and U.S. House Minority Leader Jeffries are expected to endorse Harris for president on Tuesday.
According to the AXIOS website, U.S. Senate Majority Leader Chuck Schumer has privately signaled to Democratic top gifters that he is willing to accept a Democratic presidential candidate other than Biden. Schumer has been insisting in public that he supports Biden, but in private his attitude is completely different. According to three people familiar with the matter, Schumer has been listening to top gifters on democracy for the past 12 days.