Senate Finance Committee

A joint investigation by NBC News and KNTV — NBC’s Bay Area station — found that the F-1 visa program, which lets international students work at firms in the U.S. after graduation, appears to have been exploited by fake companies providing false employment verifications.

Republican Sen. Orrin Hatch of Utah said Tuesday he will not seek re-election after serving more than 40 years in the Senate, opening the door for 2012 GOP presidential nominee Mitt Romney to run for his seat. The 83-year-old Hatch, the longest-serving Republican in the Senate, opted for retirement despite a full-court press from President Donald Trump to stay in...

Republican Sen. Orrin Hatch of Utah said Tuesday he will not seek re-election after serving more than 40 years in the Senate, opening the door for 2012 GOP presidential nominee Mitt Romney to run for his seat. The 83-year-old Hatch, the longest-serving Republican in the Senate, opted for retirement despite a full-court press from President Donald Trump to stay in...

A top Republican senator said Monday his comments were misinterpreted when he defended GOP efforts to scale back the federal estate taxes because it helps those who invest rather than people who spend their money on “booze or women or movies.” “My point regarding the estate tax, which has been taken out of context, is that the government shouldn’t seize...

Senate Republicans are considering a trigger that would automatically increase taxes if their sweeping legislation fails to generate as much revenue as they expect. It’s an effort to mollify deficit hawks who worry that tax cuts for businesses and individuals will add to the nation’s already mounting debt. The effort comes as a second Republican senator, Steve Daines of Montana,...

A debate between two senators over whether Republican tax cuts are aimed at helping the rich escalated into raised voices, interruptions, a banging gavel and a decidedly un-senatorial cry of “bull crap.” The eruption occurred late Thursday as Republicans pushed a near $1.5 trillion, 10-year tax cut for businesses and individuals through the Senate Finance Committee over Democrats’ objections. Ohio...

Protesters chanting “No cuts for Medicaid, save our liberty!” were forcibly removed from the Senate Finance Committee room Monday as lawmakers attempted to convene a hearing into the Republican Graham Cassidy health care bill.

Trump administration officials and congressional leaders are no longer considering an import-based tax system to rewrite the tax code. That had been contemplated to lower rates without blowing a hole in the budget....
They say in a joint statement they’re “confident” a border tax system is no longer needed to reduce rates. The Republican majority in the House had been pushing...

U.S. Postal Service inspectors and IRS criminal investigators were executing a search warrant Wednesday at the Grapevine offices of prominent televangelist Benny Hinn.

A Senate Finance Committee meeting got an unexpected interruption from a “Let it Go” ringtone on Thursday.