June 18, 2025 WASHINGTON, DC – U.S. Senators Angela Alsobrooks (D-Md.) and Tim Scott (R-S.C.) introduced the Small Business Tax Fairness and Compliance Simplification Act. This legislation allows beauty industry small businesses, such as hair stylists, barbers, and nail technicians, to qualify for the Section 45(B) federal tax credit and provides a safe harbor for these businesses to establish procedures for tipped employees to better report their wages without attracting additional tax liability.  The beauty industry is the second largest tip-based sector but is excluded from the Section 45(B) federal tip tax credit. Currently, the tax credit is only available for the restaurant industry and

June 17, 2025 WASHINGTON, DC –  Today, Senator Alsobrooks’ bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act passed the United States Senate.  Senator Angela Alsobrooks (D-Md.) is an original cosponsor of the GENIUS Act alongside Senators Gillibrand (D-N.Y.), Hagerty (R-Tenn.), and Lummis (R-Wyo.).  After the Senate passed the legislation by a bipartisan vote of 68-30, Alsobrooks released the following statement:  “Today, the Senate voted to pass the bipartisan GENIUS Act, which would finally provide a commonsense regulatory framework for stablecoins.  “This bill marks a major step forward for Americans participating in the stablecoin marketplace. Stablecoins offer the promise of

June 12, 2025 WASHINGTON, DC – Senator Angela Alsobrooks (D-Md.) went to the Senate Floor today to speak after disturbing footage of Senator Alex Padilla being manhandled was released. Full transcript of Senator Alsobrooks’ remarks below: WATCH SENATOR ALOSBROOKS FULL REMARKS HERE  “Mr. President, I stand today and I am shaking.  “I am so angry.  “I am so enraged with the treatment that I witnessed today of my colleague, Senator Padilla. This is not the America that each of us comes here each day to stand on behalf of. There are some who are saying they don’t recognize this America. And I want to ring