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Rep. Loudermilk Discussing President Biden's Immigration Plan on Newsmax |
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Press Release: Rep. Loudermilk on GameStop Trading Issue: More Regulations are Not the Answer
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Rep. Barry Loudermilk (R-Ga) had the following exchange Thursday with the witnesses at the House Financial Services Committee hearing entitled, “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide.”
Rep Loudermilk: “Mr. Tenev, can you remind us why Robinhood temporarily paused trading of GameStop and other stocks?”
Mr. Tenev: “Of course, thank you, Congressman. Robinhood paused trading temporarily, or I should say paused buying of about thirteen securities, on Thursday so that we could meet our regulatory deposit and collateral requirements.”
Rep. Loudermilk: “So what you’re saying is, you paused because you had to comply with regulations. Is that true?"
Mr. Tenev: “Correct.”
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In the News: Pandemic stimulus underscores agency challenges with identity management
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Federal News Network:
"Congress, in response to the COVID-19 pandemic, has tasked agencies with distributing hundreds of billions of dollars in emergency relief.
But along the way, agencies have run into challenges verifying the identity of benefit recipients, and fraudsters have exploited gaps in this process, using stolen personal information to obtain pandemic relief."
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In the News: IRS offers guidance to taxpayers on identity theft involving unemployment benefits
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IRS:
"The Internal Revenue Service today urged taxpayers who receive Forms 1099-G for unemployment benefits they did not actually get because of identity theft to contact their appropriate state agency for a corrected form.
States issue Forms 1099-G to the taxpayer and to the IRS to report what taxable income, such as refunds or unemployment benefits, were issued by state agencies."
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Rep. Loudermilk fights to protect life, reform elections, and honor the life of Rush Limbaugh |
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Rep. Loudermilk recently joined and cosponsored the following letters and bills:
Protecting Life in Foreign Assistance (Rep. Foxx, R-NC)
• Mirrors the Trump administration’s Protecting Life in Global Health Assistance policy (updated Mexico City Policy) that bars federal funds for foreign NGOs that promote or perform abortions. Read More
You Must Be Alive To Vote Act, sponsored by Rep. Brian Babin (R-TX)
• Restrict any funds from the Departments of Education and Transportation from going to counties of any state that does not certify, on an annual basis, that their lists of registered voters do not include individuals known to be deceased according to the death records maintained by the Social Security Administration.
• The bill would direct the SSA to develop a platform for use by the states and a certification process to certify that the county has completed this check.
• If a state does not have a current, valid certification on file, the secretaries of Education and DOT cannot transmit any grants or federal funds to those counties. Read More
Honoring the life and legacy of Rush Limbaugh Rep. Doug Lamborn (R-CO) Read More
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