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President Donald Trump announced today he wants a tax bill to pass by Thanksgiving and be signed by Christmas.The President, speaking at the White House today, also said it will be the biggest tax reform event in history and the bill will benefit the middle class and businesses. He says Democrats may support the proposed bill.The not-yet-released bill has already attracted ire from one powerful outside group. And House Ways and Means Chairman Kevin Brady announced Saturday he'd already made one concession to assuage concerns?from northeast Republicans, a sign of the major legislative undertaking Republicans are about to embark on. 661

President George H.W. Bush, 93, was hospitalized Sunday morning, less than one day after his wife's Barbara memorial service, a Bush family spokesperson said on Monday. "President Bush was admitted to the Houston Methodist Hospital yesterday morning after contracting an infection that spread to his blood," Bush spokesman Jim McGrath said. "He is responding well to treatments and appears to be recovering." Bush's wife of 73 years Barbara Bush died last Tuesday after a period of failing health from COPD and heart disease. President Bush was present on Saturday at his wife's memorial service, which was attended by former Presidents Bill Clinton, George W. Bush and Barack Obama. Bush has had several recent spells of poor health. In April 2017, Bush had an extended hospital stay after suffering from pneumonia. Earlier in 2017, Bush was unable to attend President Donald Trump's inauguration due to treatment for a blockage from his lungs. Bush also has a mild form of Parkinson's Disease, which has kept him in a wheelchair since 2012. Bush is the oldest former President ever at age 93 years and 315 days, which is 111 days older than Jimmy Carter, and 150 days older than when Gerald Ford died in 2006. 1254

President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519

Renting a home or condo for a vacation is more popular than ever, thanks to websites such as Airbnb, VRBO, and HomeAway.Unfortunately, a growing number of those rentals are coming with an unwelcome surprise: hidden cameras that record your every move.It’s happening more and more. Just last month, a British couple found a hidden camera inside the alarm clock in their Toronto Airbnb rental.Last fall, a couple on a Florida vacation found a camera hidden in a smoke detector in the bedroom of their Longboat Key condo.They even found the footage it took of them, stored on a miniature hard drive. Why are spy cameras are showing up in more and more rentals?Simple: It’s so easy for owners to do it.A few years ago you needed expensive equipment and wires to hook up a miniature camera. Now you can get a tiny webcam for or less on Amazon and hide it anywhere. 901

Rebekah Jones recorded video of state law enforcement entering her home Dec. 7, 2020, which she later posted to her Twitter account. 140