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The Federal Reserve said Wednesday that it would continue holding interest rates near zero and reaffirmed its commitment to other easing policies.

The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be the first Asian American and first woman of color to hold the position.

President Biden said he will be able to get Democratic votes to support his plans to bring back a major tax hike for the first time in nearly 30 years.

A group of progressive Democrats is renewing their push for "Medicare-for-all" this week, using the coronavirus pandemic to make the case for a sweeping overhaul of the nation's health care system. 

Meghan Markle wrote handwritten notes to women in the U.K. who are trying to return to the workforce after being unemployed. 

Rep. John Katko, a ranking member of the House Homeland Security Committee, describes the situation at the border after his visit.

The extra $300-a-week unemployment benefit included in President Biden's coronavirus relief plan may not arrive until mid-April or later.

Rep. Nancy Mace, R-S.C., slammed President Biden's reported tax hike proposal on Wednesday arguing that it would hurt wages and jobs.

Twenty-one Republican attorneys general threatened to take action against the Biden administration over a key element of the recently signed $1.9 trillion coronavirus relief law.

Biden's $1.9 trillion COVID relief bill and proposed $4 trillion infrastructure package puts the U.S. on tap for spending $10 trillion this year.

Democratic political strategist Brad Bannon said raising taxes is always “troublesome politically” but that the Biden administration was betting on two things: raising the taxes on the wealthy would only affect “2 or 3% of voters” and that if by next fall, midterm election season, the economy has recovered from the pandemic, “Americans will be so grateful they’ll overlook the tax issue."

A GoFundMe page set up to pay off the mortgage on Meghan Markle and Prince Harry’s $14.6 million California estate has gone bust, according to a report.

Senate Minority Leader Mitch McConnell, R-Ky., said on Tuesday that Republicans were not likely to support any tax increases to fund President Biden’s next economic package.

The Senate on Tuesday confirmed Isabel Guzman as head of the Small Business Administration, as the Biden administration reportedly prepares to unveil plans to raise corporate taxes.

After the police killing of George Floyd, a Connecticut law professor invited architects, planners and land use attorneys to a discussion of how local zoning worsens the state’s racial inequities. Over 200 people logged onto her impromptu Zoom meeting.

The Small Business Administration mistakenly paid close to $692 million in duplicate Paycheck Protection Program loans to thousands of small businesses.

Yellen's signature will grace U.S. paper currency.

The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog. 

Higher taxes on corporations is "very bad news" for the U.S., according to Americans for Tax Reform President Grover Norquist.

Treasury Secretary Janet Yellen indicated that President Biden is open to pursuing a wealth tax as a means of paying for his multitrillion-dollar agenda and addressing the nation's swelling federal budget deficit.