Number of the Week: 2014. It's a new year with lots of
change coming on the tax policy horizon.
LEGISLATIVE LANDSCAPE
Senate, House Return to Washington. The Senate
returned from its winter recess on Jan. 6 and made history with the
confirmation of Janet Yellen to be the next chair of the Federal
Reserve -- the first woman ever to lead the central bank.
Yellen's confirmation was expected to pass the Senate, but
many were surprised by a subsequent vote on Jan. 7 to proceed to
the consideration of a bill extending unemployment benefits. Six
Republicans voted with the Democrats to break the filibuster. A
vote on the actual bill is expected later in the week.
The House returned Jan. 7 with votes scheduled at the end of the
week regarding issues of transparency and security of private
information on the insurance exchanges established under the
Affordable Care Act.