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Earlier this afternoon, I testified before a congressional subcommittee on what policy insiders refer to as Dodd-Frank Section 1502. Translated, that’s a provision in the 2010 financial reform law that requires publicly traded companies to disclose through a Securities and Exchange Commission report whether they source specific minerals from the Democratic Republic of the Congo (DRC) or adjoining [...]
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The cameras were rolling in the Dirksen Senate Office Building today as Michigan Senator Carl Levin gaveled in his hearing on Apple’s tax practices. The news accounts will cover the fiery exchanges between senators (Senator Rand Paul of Kentucky, for instance, said that the hearing had one purpose, namely “to bully one of America's greatest success stories . . . If anyone should be on trial here, [...] -
Two big things happened on immigration reform today on opposite sides of Capitol Hill. First, on the Senate side of the ledger, the Judiciary Committee reached agreement on proposals from Senator Hatch of Utah to improve the H-1B mechanisms in the bipartisan Gang of 8 legislation. If enacted, these proposals would strengthen the H-1B system while protecting American workers. Simply put, these improvements [...]
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Apple's Tim Cook is testifying in front of a Senate subcommittee on what Apple sees as a vastly simpler corporate tax structure to replace the outdated, overly complex structure that the U.S. has today. Listen to what he had to say in his opening statement. We'll have updates later this afternoon.
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UPDATE: Listen to Dean's opening statement at the hearing (MP3). On Tuesday afternoon, the House Energy and Commerce Subcommittee on Communications and Technology will dive into an examination of the communications supply chain. ITI CEO Dean Garfield will testify about our sector’s 24/7/365 approach to managing and mitigating security risks to the reliability of our products and services, and the [...]
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Tomorrow, Apple CEO Tim Cook will put forward the tenets of a reform plan that could fix the broken, antiquated U.S. tax code. His testimony before a Senate panel will focus on shaping a competitive, market-based tax code that has a lower rate and enhances American innovation. We need to responsibly modernize our tax structure, to help American companies create jobs and new opportunities here at [...]
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We all know that it’s easy in Washington to make almost any issue political, including tax policy. However, there is a clear difference in asking legitimate, tough questions in a political atmosphere versus asking politically charged questions under the guise of legitimacy. Unfortunately we are about to see more of the latter from Michigan Senator Carl Levin when the former is what’s needed. Tomorrow, [...]
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Sidney Crosby’s world-class hockey skills leave fans cheering and opponents sweating. The 25-year-old native of Nova Scotia has a visa that allows him to play hockey in U.S. for the Pittsburgh Penguins for one simple reason -- he’s one of the one of the National Hockey League’s biggest talents. Any NHL team would want to hire him. He’s a global talent, serving as the alternate captain of Canada’s [...]
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Sessions of the International Telecommunication Union (ITU) have historically been non-political. There have always been differences among Member States, but, for the most part, disagreements were resolved in a manner that enabled the parties to maintain an emphasis on consensus and collegiality. According to some long-time ITU participants, however, December’s World Conference on International Telecommunications [...]
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When it comes to identifying policymakers who will champion bipartisan, constructive approaches to fix our outdated, broken tax system and help U.S. companies to innovate, compete and create jobs, don’t count Senator Carl Levin among them. For several years, Senator Levin has used his position as Chair of the Permanent Subcommittee on Investigations to conduct a campaign to embarrass American companies [...]
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