Money and Policy

An effort to legalize marijuana in New Jersey could include a "social equity" tax to address the disparate effect of anti-drug laws on communities of color.

The leading outside group that supports Republican senators and Senate candidates announced Thursday an eye-popping fundraising haul in the Georgia Senate runoff elections.

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer embraced a bipartisan $908 billion coronavirus relief deal as the starting point for negotiations with Republicans.

California improperly paid at least $400 million in unemployment claims to prisoners in local, state and federal institutions.

A bipartisan group of senators on Tuesday unveiled a $908 billion coronavirus relief deal after months of congressional gridlock over another emergency aid package.

Treasury Secretary Steven Mnuchin touted continued economic growth as the country recovers from being shut down earlier this year due to the coronavirus pandemic while warning that new restrictive measures are impeding that progress.

President-elect Joe Biden on Monday formally announced former Federal Reserve Chair Janet Yellen as his pick for Treasury secretary.

The massive social safety net that Congress put in place for Americans struggling because of the coronavirus pandemic is unraveling, with several key CARES Act provisions and executive orders set to expire at the end of the year. 

President-elect Joe Biden is expected to announce several members of his economic team next week — a team, transition officials said, that "will look like America."

As the ravages of the novel coronavirus forced millions of people out of work, shuttered businesses and shrank the value of retirement accounts, the Dow Jones Industrial Average plunged to a three-year low. But for Sen. David Perdue, a Georgia Republican, the crisis last March signaled something else: a stock buying opportunity.

Some Democratic lawmakers opened the door this week to a smaller coronavirus relief deal as Congress faces growing pressure to pass an aid package before the end of the year.

A group of more than 125 economists is calling on Congress to send out more direct cash payments to American families to help them weather the coronavirus pandemic and subsequent economic downturn.