GOP senator says Biden's 'radical' Treasury pick could 'turn banking into... the DMV'
Sen. Bill Hagerty, R-Tenn., expressed his "shock" Thursday that the upper chamber is being asked to consider Biden's "radical" nominee for Comptroller of the Currency, Saule Omarova.
CBO: Biden spending bill will add $367B to deficit, not counting IRS tax enforcement plan
The nonpartisan Congressional Budget Office estimated Thursday that President Biden’s social spending bill will add $367 billion to the federal deficit over the next 10 years, without counting potential revenue from an IRS tax enforcement crackdown that White House officials claim will cover the remaining cost.
Wealthy Democrat donors likely to benefit from Democrats' repeal of SALT cap
Some of the wealthiest and most prolific Democratic donors are likely to benefit financially if Democrats are successful in repealing a Trump-era limit on state and local tax (SALT) deductions.
Biden let China's status quo slide in 'Seinfeld summit,' Peter Navarro claims
Peter Navarro argues "nothing happened." which worked to China's advantage after Biden's meeting with President Xi Jinping.
Nursing homes warn Build Back Better could have 'devastating impact' on labor shortages and force closures
The nation’s largest nursing home association is sounding the alarm on President Biden’s social spending package, saying it could have a "devastating impact" and force thousands of long-term care facilities to limit admissions or close their doors.
Pelosi defends SALT deduction in Dems' spending bill, insists it won't benefit the rich
House Speaker Nancy Pelosi on Thursday defended the inclusion of changes to the state and local tax deduction in President Biden's signature spending plan, even though economists across the political spectrum agree the policy would serve as a windfall to wealthy Americans.
Varney: 'Hope' is all the Democrats have
FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co.," said Biden is locked into “far-left policies” creating problems for Americans after a Washington Post-ABC News poll showed the president's approval rating dropped to a new low of 41%.
Major economists think Biden's spending plan could push inflation even higher
President Biden has started to bill his massive social spending and climate bill as the key to slowing hotter-than-expected inflation, but three top economists say the $1.75 trillion package could ultimately add more fuel to the fire.
Republicans set to grill Biden banking nominee Saule Omarova in key hearing, with moderate Dems on the fence
Senate Republicans aim to block Saule Omarova's nomination to be comptroller of the currency.
Biden spending bill's IRS tax enforcement plan will cause audits to double, House GOP memo says
Enhanced IRS tax enforcement provisions included in President Biden’s social spending bill will cause audits to double over the next 10 years, according to a Republican memo distributed by House Minority Leader Kevin McCarthy, R-Calif., to GOP lawmakers on Thursday morning.
CBO score on Biden spending bill would be 'pretty hard' to ignore, former director says
Democratic lawmakers should be wary of downplaying the Congressional Budget Office’s score for President Biden’s social spending bill if the estimates undercut the administration’s argument that the legislation is fully paid for, former CBO Director Douglas Holtz-Eakin told FOX Business’ Neal Cavuto on Wednesday.
OSHA suspends implementation of Biden's COVID vaccine mandate until further court order
OSHA has suspended the implementation and enforcement of its COVID-19 vaccine mandate for employers with 100 employees or more after it was ordered to do so last week by a federal court
Kudlow: We are likely in an inflationary blowout
'Kudlow' host discusses the ramifications of the spending package as it further sinks the economy.
U.S. asks big countries to coordinate releases from oil reserves: sources
The Biden administration has asked some of the world’s largest oil-consuming nations to consider releasing some of their crude reserves in a coordinated effort to lower prices and stimulate the economic recovery, according to several people familiar with the matter.
Biden faces pressure to tap strategic oil supply as gas prices soar
President Biden is under growing pressure from Congress to tap into the nation's Strategic Petroleum Reserve in an effort to quell soaring gas prices ahead of the holiday season.
Biden admin plans COVID-19 vaccine production blitz
The Biden administration will reportedly invest billions of dollars into expanding the domestic production of COVID-19 vaccines.
Congress on track to spend $9T in under 2 years as Dems forge ahead with spending bill
Democrats are forging ahead with plans to pass President Biden's signature economic spending plan that would unleash another torrent of federal money into the U.S. economy, despite anxiety over rising inflation.
How Biden's policies ignited inflation
A simple and inviolable law of economics and finance explains in one sentence why the Biden government's spending bills have accelerated the rise in consumer prices to their highest rates in nearly 30 years.
Biden asks FTC to investigate 'illegal conduct' by oil, gas companies as prices surge
President Biden on Wednesday called for the Federal Trade Commission to probe whether oil and gas companies are engaging in criminal conduct by profiting from artificially high prices at the pump, even as wholesale fuel costs decline.
Rep. French Hill rips Democrats for ‘crazy’ economic theories: We could lose our country
Rep. French Hill, R-Ark., discusses the Democrats support for “modern monetary theory” and its impact it will have on the country.



















