Congress

President Biden will tap Gene Sterling, a former top economic official in the Obama and Clinton administrations, for a role to oversee the enactment of the administration’s $1.9 trillion coronavirus relief plan.

Amazon CEO Jeff Bezos declined a request from Sen. Bernie Sanders, I-VT, on Friday that he testify at an upcoming Senate Budget Committee Hearing on income inequality.

Lindsey Boylan, one of several former staffers who have accused New York Gov. Andrew Cuomo of sexual harassment, said Friday that she intends to support efforts to unseat Democratic Sens. Chuck Schumer and Kristen Gillibrand after they trailed behind other party leaders in calling for the governor to resign.

Ttucked into the coronavirus relief legislation — which passed without a single Republican vote — is a raft of unexpected provisions, some seemingly unrelated to the pandemic. 

If families earn too much to qualify for the expanded tax credits, they can still receive the $2,000 credit for their children if their income level is below $200,000 or individuals and $400,000 for married couples.

A bipartisan group of lawmakers unveiled a plan this week to extend the Paycheck Protection Program for two months amid concerns that the March 31 expiration of the small-business rescue fund could leave struggling employers without a key economic lifeline.

President Biden on Thursday signed into law a sweeping coronavirus relief package that includes $1,400 stimulus checks for many Americans — but some individuals with unpaid debts could have that money seized this time around.  

House Rep. Jimmy Gomez, D-Calif., likened the child tax credit included in President Biden’s $1.9 trillion coronavirus relief package to a form of universal basic income on Thursday as progressive lawmakers called for the passage of additional financial assistance programs.

Rep. Lee Zeldin says the $1.9T relief bill is "taxpayer monopoly funny money' for New York and a lot of local municipalities.

House Speaker Nancy Pelosi Thursday committed to new legislation to raise the minimum wage to $15 an hour after the wage hike provision was stripped from Democrats' massive coronavirus relief bill.

A group of Republican senators unveiled legislation this week to permanently repeal the federal estate tax, a move that's almost guaranteed to fail in the Democratic-controlled Congress.