Local banks seek to sink IRS personal account snooping plan by rallying customers
Local financial institutions have pushed customers in recent days to speak out against a Treasury Department proposal that would require the IRS to track transactions valued at $600 or more, joining Republican lawmakers who have criticized the plan.
Black colleges’ funding hopes dim amid federal budget battle
Optimism for transformational funding for the nation’s historically Black colleges was running high after the Biden administration included $45 billion for the schools in its massive multitrillion-dollar spending plan.
'Nuclear option': Biden says Democrats may suspend filibuster to raise debt ceiling
President Joe Biden told reporters Tuesday that it’s a “real possibility” Democrats could use a “nuclear option” to prevent Republicans from filibustering their plan to raise the debt ceiling.
Yellen calls $1 trillion coin idea 'a gimmick'
Treasury Secretary Janet Yellen says the idea that the idea of minting a $1 trillion coin to avoid U.S. default is 'a gimmick' and she does not support it.
White House offers muted backing for Fed Chair Powell amid fierce criticism from Warren
The White House expressed muted support for Federal Reserve Chair Jerome Powell on Tuesday, the same day Sen. Elizabeth Warren, D-Mass., ripped Powell in a scathing floor speech amid widening ethics concerns at the central bank.
Biden insists again he is a capitalist as he touts massive spending GOP labels 'socialist'
President Joe Biden defended his "Build Back Better" spending plan in a Tuesday speech, insisting once again that he is a “capitalist” at heart and that his bill currently tied up in Congress is fully paid for.
IRS spying countered by privacy bill
Congressional Republicans have introduced legislation aimed at pushing back against Democrats' proposed IRS snooping
Manchin open to spending bill above $1.5T: 'I'm not ruling anything out'
Sen. Joe Manchin, D-W.Va., said Tuesday he is open to a social spending bill larger than $1.5 trillion, signaling the possibility that the moderate Democrat could soften his stance on the topline number following days of tense negotiations on President Biden’s signature piece of legislation.
Biden to rally support for flagging economic agenda in Michigan speech
President Biden is expected to stress the importance of his economic agenda to ensure the United States is competitive with China, while saying the passage of both the infrastructure bill and Democrats' reconciliation bill would give Americans a fair shot in the evolving 21st century economy.
US corporate tax rate would be among highest of developed nations under Dems' plan, study shows
The U.S. would have one of the highest corporate tax rates in the world under a Democratic proposal that would overhaul the nation's tax code.
Varney: Biden is playing the blame game
FOX Business' Stuart Varney slams President Biden for blaming others for the messes he created.
Yellen warns of recession if US defaults, says Schumer and Pelosi need to figure out how to raise ceiling
Treasury Secretary Janet Yellen said in a Tuesday interview on CNBC that a debt ceiling increase must happen, and refused to take the budget reconciliation process off the table to do it.
AOC seizes on Facebook blackout to call for breaking up company: 'Monopolistic behavior'
Democratic New York Rep. Alexandria Ocasio-Cortez seized on Facebook’s massive outages Monday to call for the breakup of the company that she says is monopolizing the internet.
Biden tries to ease tensions between moderates, progressives as Dems try to push agenda through November
President Biden is meeting with House moderates in the 10 a.m. hour on Tuesday after a meeting with House progressives Monday.
Biden went to Capitol Hill last week to spin plates with his fellow Democrats
There were a lot of theories about what role President Biden may take on late last week for a visit with House Democrats and how he would win them over to his big infrastructure bill and the social spending package.
Kudlow exposes Biden’s ‘fibs’ surrounding debt ceiling, government spending
'Kudlow' host Larry Kudlow criticizes Democrats and the president for their approach to negotiating future spending.
Sen. Warren pushes SEC on Federal Reserve stock trades
Sen. Elizabeth Warren is calling on the SEC to launch investigations into trades by high level Federal Reserve officials.
Psaki won't say whether Hunter Biden has divested from Chinese private equity firm
White House press secretary Jen Psaki on Monday refused to say whether President Biden’s son Hunter had divested his 10% stake in a Chinese equity firm.
Psaki says $3.5T spending bill costs nothing for people earning less than $400K
White House press secretary Jen Psaki claimed Monday that President Biden's Build Back Better agenda will cost nothing for Americans who make less than $400,000.
Billionaire investor Mark Cuban slams Elizabeth Warren for demonizing the wealthy
Billionaire investor Mark Cuban slammed Sen. Elizabeth Warren, D-Mass., on Monday for demonizing the wealthy and argued that taxing unrealized gains “would be a disaster.”



















