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Sen. Joe Manchin said Tuesday that a deeply controversial proposal that would force banks to turn over most customers' account information to the Internal Revenue Service will likely be dropped from Democrats' final tax and spending bill, even after the White House agreed to narrow the scope of the plan.

Continental Resources Chairman and founder Harold Hamm criticizes the Biden administration for "censuring" the oil industry amid renewable energy transition.

The Treasury Department hired a former JPMorgan Chase executive to lead the agency's new program aimed at combating racial inequality issues in banking and other financial services industries.

A top House Democrat threw doubt on a new Senate plan to tax the unrealized capital gains of billionaires and other ultrahigh earners, arguing the proposal may be too complicated to implement.

Nevada Republican Senate candidate Adam Laxalt says he believes Democrats' "transformational" reconciliation bill could help him win his race.

Former Obama administration economic adviser Larry Summers fired back at Treasury Secretary Janet Yellen on Monday after she argued he was “wrong” to suggest the country faced a risk of out-of-control inflation.

Mexican drug cartels are beguiling American teenagers into big paydays if they assist in the human trafficking crisis at the southern border, Fox Business has learned.

A group of nearly 100 banks and other industry groups urged the Biden administration to drop a plan to force banks to turn over most customers' account information to the Internal Revenue Service.

Federal Reserve officials are poised to start slowing their aggressive bond-buying program in November, the first step in dialing back pandemic-era support for the U.S. economy.

Economist Stephen Moore discussed his outlook for inflation and energy prices.

FOX Business host Stuart Varney discusses the Democrats’ "desperation" to tax the rich

Senate Democrats are crafting a plan to tax billionaires and other ultra-high earners in order to pay for the bulk of President Biden's signature economic spending plan after failing to secure enough support for a slew of other planned tax increases.

The anti-Biden rallying cry "Let’s Go Brandon" is taking over iTunes, with rapper Bryson Gray’s song poking fun at the president sitting in the No. 1 spot of the music service’s chart on Monday, ranking ahead of pop music superstar Adele’s latest single.

Two high-profile House progressives said this week that they would vote for the infrastructure bill in exchange for assurances from President Biden that reconciliation will pass.

Committee for a Responsible Federal Budget President Maya MacGuineas discusses the Democrats’ spending package.

Among the major factors motivating Democrats to come to a deal this week: President Biden leaves Thursday for a climate summit, and Virginia gubernatorial candidate Terry McAuliffe is taking heat for Democrats' failure to pass the infrastructure bill.

Tens of millions of borrowers will soon resume student loan repayment on their federal student loan debt. Here's what you can do to avoid delinquency.

Treasury Secretary Janet Yellen on Sunday said the United States hasn't experienced the recent inflation levels in a “long time.”

President Biden's pick to the comptroller of the currency Saule Omarova also previously called the financial services industry the "quintessential a------ industry."

Fox Business host and former Trump economic adviser Larry Kudlow highlighted the failures of Biden's major policy initiatives as the president has faced several domestic crises in recent weeks.