on Tuesday, Soros described BlackRock's initiative in China as a "tragic mistake" that would "damage the national security interests of the U.S. and other democracies." Soros' comments come after BlackRock launched a set of mutual funds and other investment products for Chinese consumers. BlackRock told CNBC on Wednesday its China mutual fund subsidiary set up its first fund there after raising over $1 billion from more than 111,000 investors.U.S.
U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee hearing.To help pay for that $3.5 trillion spending plan, congressional Democrats are floating a slew of taxes, including new levies on the wealthy.
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