Joe Biden

A coalition of 13 states filed one lawsuit in federal court in Louisiana, while Wyoming filed a its own lawsuit in federal court in that state. The states joining Louisiana’s suit included Alabama, Alaska, Arkansas, Georgia, Mississippi, Missouri, Montana, Nebraska, Oklahoma, Texas, Utah and West Virginia.

Treasury Secretary Janet Yellen said Wednesday the U.S. government has more room to borrow, but acknowledged that higher taxes will likely be needed to pay for those future expenditures.  

More Americans are eligible to take advantage of a tax break on unemployment benefits under new guidance issued this week by the IRS.

Michael Lee Strategy founder Michael Lee discusses the impact of more government spending and taxes on the economy and the market.

Sen. Marco Rubio, R-Fla., said on Wednesday that he believes President Biden's rhetoric is driving the “crisis” at the southern border.

Former Clinton adviser Mark Penn weighs in on President Biden’s tax plans and treatment by the media.

President Biden announced Tuesday the special enrollment period for Obamacare is now being extended until August 15. 

The Biden administration is reportedly exploring tax increases on businesses, investors and wealthy Americans to fund the president's next multitrillion-dollar spending bill. 

President Biden on Tuesday called on Congress to tighten gun laws after a shooting at a Colorado supermarket killed 10 people.

A group of House Democrats is pushing for answers on reported delays in the delivery of the third round of stimulus checks to Americans who are not required to file tax returns – including some veterans and Social Security beneficiaries. 

Wealth strategist Rob Luna said President Biden’s proposal to increase the capital gains rate on high earners will impact “real Americans.”

President Biden’s potential tax hikes will provide a minor headwind to the U.S. equity market, according to strategists at Goldman Sachs Group Inc.

Administration officials are crafting a plan for a multipart infrastructure and economic package that could cost as much as $3 trillion and fulfill key elements of President Biden’s campaign agenda, according to people involved in the discussions.

Isabella Casillas Guzman said her immediate focus is implementing the small business provisions in the $1.9 trillion coronavirus rescue package President Joseph Biden signed into law last week.

Senate lawmakers voted Monday to confirm Boston Mayor Marty Walsh of US secretary of labor, a position that will play a critical role in President Biden’s pledge to boost union and worker rights.

President Biden is committed to fulfilling a key campaign promise and raising taxes on high-income earners amid growing evidence that many wealthy Americans benefited financially from the coronavirus pandemic. 

Bourbon, Tennessee whiskey and rye whiskey were left out of a recent breakthrough to start rebuilding trade relations between the U.S. and European Union in the wake of Donald Trump's presidency. While tariffs were suspended on some spirits, the EU's 25% tariff on American whiskey remains in place, and the rate is set to double to 50% in June in the industry's largest export market.

National security adviser Jake Sullivan served on an advisory council for Microsoft last year.

Progressives said Democrats owe their constituents a higher living wage, and if they don't deliver, it could cost them at the ballot box in 2022. 

One week after President Biden signed the American Rescue Plan into law, the White House is undertaking a new venture: Selling the $1.9 trillion coronavirus relief package to families across the country.