Congress

Former acting White House chief of staff and former OMB Director Mick Mulvaney reacts to Biden administration’s proposed budget.

The U.S. Senate passed a bill on Tuesday that would increase fees that companies planning the biggest mergers pay to government antitrust agencies and give those agencies bigger budgets.

The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China.

Sen. Joe Manchin, D-W.Va., is resisting growing pressure from his fellow Democrats to go it alone on President Biden's proposed $2.3 trillion tax and spending plan, even as infrastructure negotiations between the White House and a coalition of Republicans ran into a wall this week.

President Biden will meet with Sen. Shelley Moore Capito, the leading negotiator for a group of moderate Republicans seeking a bipartisan infrastructure deal, on Monday.

Rep. Rodney Davis, R-Ill., on what it would take for President Biden to get an infrastructure deal passed.

A group of bipartisan, bicameral lawmakers are preparing to reveal a roughly $878 billion infrastructure proposal, to be paid for over five years.

Texas Rep. Kevin Brady Friday blasted the May jobs report for "falling-well short of expectations" and blamed President Biden's policies for an economic outlook that "mirrors the stagnant 1970s."

Consumer prices are rising across the world, pushing inflation levels in wealthy nations in April to the highest level in 12 years, the Organization of Economic Cooperation and Development said this week.