Nancy Pelosi

President Joe Biden on Wednesday called on Congress to create a three-month federal holiday for gas and diesel fuel taxes.Biden also asked individual states to suspend their own levies on gas and diesel.The move comes a week after the average price of a gallon of gasoline in the United States reached $5 for the first time ever.Biden last week linked rising gas prices with many Americans' more pessimistic view about where the country is headed."If you notice, until gas prices started going up," Biden said during an…

Comedian John Oliver decided to wade into the antitrust battleground this week, and he didn’t hold back any punches.Oliver devoted 25 minutes of his most recent Last Week Tonight show to discuss general Big Tech badness and advocated in favor of a pair of historic antitrust bills currently being considered in Congress. The comedian zeroes in on claims made by advocacy groups and small businesses that giants like Google and Meta engage in anti-competitive, self-preferencing behavior that essentially cements their status as…

The all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022.Scott Mlyn | CNBCDETROIT – The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North America are urging Congress to lift the federal government's cap on the number of vehicles that are eligible for a tax credit of up to $7,500, a move they say will encourage consumer adoption of the cars and trucks.In a joint letter Monday to congressional leaders, the executives say the credit, which begins phasing out once a…

Gif: Jan. 6 Committee / TwitterLast night, almost every major TV network devoted three hours to a congressional hearing by the January 6th Committee, which is investigating the attempted coup by Donald Trump and his supporters after the former president lost the election in 2020. But if you missed the broadcast, there’s only one video you need to watch. Because it’s the video everyone is talking about.You’ve obviously seen scattered clips here and there of the violence perpetrated by neo-fascist supporters of Trump on…

U.S. Senate Rules and Administration Committee Chair Sen. Amy Klobuchar (D-MN) presides during a Senate Rules and Administration Committee oversight hearing to examine the U.S. Capitol Police following the January 6, 2021 attack on the Capitol, one day before the anniversary of the attack in Washington, U.S., January 5, 2022.Elizabeth Frantz | ReutersA major piece of legislation that could reshape the tech industry is just a few steps away from becoming federal law. But advocates fear that if congressional leadership…

Amazon workers and community allies demonstrate during a protest organized by New York Communities for Change and Make the Road New York in front of Jeff Bezos’ Manhattan residence in New York on December 2, 2020Photo: Kena Bentancur (Getty Images)Amazon—a trillion dollar multinational corporation repeatedly sued by labor groups for unfair working conditions at its facilities—wants you to know it’s being treated unfairly.In a blog post on Wednesday Amazon lashed out at antitrust legislation currently making its way…