Money in the bank: Child tax credit dollars head to parents
Democrats see this as a landmark program along the same lines as Social Security, saying it will lead to better outcomes in adulthood that will help economic growth. But many Republicans warn that the payments will discourage parents from working and ultimately feed into long-term poverty.
Biden's Education Department hires student loan forgiveness advocate: How your college debt could be impacted
The Biden administration has hired a student loans expert who believes the Education Secretary has the legal authority to forgive student debt under executive order. Here's what that means for your college debt.
How the expanded child tax credit payments work
The Biden administration is beginning to distribute expanded child tax credit payments, giving parents on average $423 this month, with payments continuing through the end of the year.
Biden administration should suspend nuclear negotiations with Iran in Vienna: Lieberman
Former Connecticut Senator Joe Lieberman provides insight into how the Biden administration should approach Iran.
Biden to discuss Russia-linked cybercrimes during meeting with Germany's Merkel
President Biden on Thursday will host a meeting at the White House with German Chancellor Angela Merkel where the pair is expected to discuss a host of issues including cybersecurity and climate change.
White House to establish ransomware task force: report
The White House will establish a ransomware task force in the coming days following hacks that crippled key firms responsible for U.S. fuel and meat production.
Top GOP lawmaker endorses Jerome Powell for second Fed term
The top Republican on the House Financial Service Committee on Wednesday threw his weight behind the renomination of Jerome Powell to a second, four-year term as the chairman of the Federal Reserve.
Firefighter shortage sparks fears as wildfires rage on out West
FOX Business reporter Connell McShane joined "Varney & Co." Wednesday from hazy Morrison, Colorado, a small town reeling from several massive fires plaguing the state this week.
GOP rips Democrats' 'shocking' new $3.5T spending plan as recipe for economic disaster
Republicans were quick to condemn Democrats' new $3.5 trillion budget plan as too big and detrimental to the economic recovery.
Democrats' $3.5T spending plan the 'tip of the iceberg': Sen. Barrasso
Sen. John Barrasso, R-Wyo., argued Wednesday that America "can't afford" Democrats' $3.5T spending package.
Estate tax changes will slam farmers, who have sway in key swing states, say GOP lawmakers
Republican lawmakers are voicing concerns about President Biden’s proposed changes to estate taxes, citing potential devastating impact on farmers who comprise large populations in several major swing states.
Neck rubs, tapped phones: Merkel has history with US leaders
One of the longest-serving leaders of one of the closest U.S. allies, Merkel is set for a warm welcome when she meets Biden during her first visit to Washington since he took office in January.
Biden throws weight behind Democrats' $3.5T spending package while also pushing bipartisan plan
President Biden is expected to throw his support behind Senate Democrats’ $3.5 trillion spending package on Wednesday, while continuing to push for a bipartisan infrastructure plan.
Biden nominating House aide Richard Trumka Jr. to Consumer Product Safety Commission
President Joe Biden nominated Richard Trumka Jr., a House aide and the son of AFL-CIO president Richard Trumka, to the Consumer Product Safety Commission (CPSC) on Tuesday.
Kudlow: Biden tax hike 'seven times' as large as Trump tax cut
Larry Kudlow slams the tax hike on 'Kudlow'
Biden administration warning US companies of China risks an 'important message': Fmr. NYSE CEO
Former New York Stock Exchange CEO Dick Grasso argued on Tuesday that the Biden administration’s warning to U.S. companies of the increasing risks of operating in China is an “important message.”
Biden administration warns companies doing business in Xinjiang, China, may be violating US law
The Biden administration warned companies about the “heightened risks” of doing business in Xinjiang, China, due to human rights abuses against Uyghurs and others in the region.
Biden administration feels recent inflation burst could last quarters, not months
The thinking of White House officials is that a recent inflation surge could last for some time, but that the spike is ultimately transitory and will clear up once widespread bottlenecks that have severely disrupted the supply chain begin to dissipate.
Will Biden cancel student debt with an executive order?
Are you banking on having a portion of your student loans canceled? Read this first.
What is the debt ceiling?
Congress is barreling toward a summer battle over spending levels as Democrats rush to craft a pair of spending bills while simultaneously addressing the debt ceiling to keep the U.S. from defaulting on its financial obligations.



















