It is a danger to every single American who has become accustomed to a system where the federal government has promised us that it will create and save jobs, keep factories open, provide whatever health care we need, rebuild our houses if they are destroyed, and protect us from every form of prejudice and unfairness inflicted on us.
In recent years, Amazon has shown support for a more streamlined sales tax system on the federal level even as those of us in the tax world cringe at the thought of Congress trying to streamline anything tax-related.
In a joint statement, the USFederal Reserve and other major US banking regulators said the deal "provides for a more stable banking system that is less prone to excessive risk-taking".
Illinois has agreed to settle federal charges alleging the state misled investors about the financial health of its public pension system, the US financial regulator has said.