WASHINGTON - It's been an ugly summer for the cryptocurrency industry everywhere but on Capitol Hill. Despite a pileup of a bad news - layoffs at major companies, ongoing hacks, and the collapse of several high-profile crypto projects that have devastated Main Street investors - the sector is on a hot streak in Congress. In just the last two weeks, a bipartisan group of senators unveiled a proposal to hand oversight of cryptocurrency spot markets to the Commodity Futures Trading Association, the third bipartisan bill since April that would codify a leading role for the industry's preferred regulator. Sens. Patrick Toomey, R-Pa., and Kyrsten Sinema, D-Ariz., teamed up to pitch exempting crypto used for everyday purchases, like buying a sandwich, from capital gains taxes. And that pair, along with Sens. Mark Warner, D-Va., and Cynthia Lummis, R-Wyo., proposed limiting the reach of a provision signed into law last year that tightened tax reporting requirements on crypto … [Read more...] about Crypto finds a bright spot in a stormy summer: Congress
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‘Post Reports’ podcast: The essential labor of care work
"Post Reports" is the daily podcast from The Washington Post. Unparalleled reporting. Expert insight. Clear analysis. Everything you've come to expect from the newsroom of The Post - for your ears. - - - In this episode: In 2020, author Angela Garbes found herself at home taking care of her two daughters, clinically depressed and unable to write. It was a time when people were told to stay home, unless you were an essential worker. "But I remember sitting there being like, 'What about me?'" Garbes told "Post Reports" editor Lexie Diao. "What about parents? What about mothers? Like, what we are doing is nothing less than essential. . . . The pandemic has exposed that without care, we're lost." Garbes's new book is called "Essential Labor: Mothering as Social Change." The book examines the history of caregiving in America through the lens of the author's own Filipinx identity, and makes the case that caregiving is an undervalued and overlooked labor that disproportionately … [Read more...] about ‘Post Reports’ podcast: The essential labor of care work