Yellen to give remarks on Biden's Inflation Reduction Act in Virgina
Treasury Secretary Janet Yellen is scheduled to give remarks today on Biden's Inflation Reduction Act. She previously remarked she does not believe a recession is on the horizon.
Dems propose new tax on ‘extreme wealth’ in effort to ‘combat aristocracy’
Progressive Democrats are proposing a new tax structure aimed at raising millions and maybe billions of dollars from the super wealthy.
Adobe tells Congress to give artists the right to block AI from training on their creative works
Members of the House were told by a top Adobe official that the company supports new rights for artists so their works aren't stolen or copied by AI.
National debt hits $32 trillion two weeks after debt ceiling deal
The national debt is now at $32 trillion, less than two weeks after President Biden signed a bill into law that allows unlimited borrowing by the federal government through the end of 2024.
GOP rips Biden as he heads to Japan during debt ceiling talks
House and Senate Republicans blasted President Biden on Wednesday for leaving the country for Japan in the middle of debt ceiling talks that have not lead to a deal yet.
States revolt against Biden's 'disaster' mortgage redistribution rule to subsidize risky loans
Top finance officials from 27 states blasted a new Biden rule to force borrowers with good credit scores to subsidize risky mortgages, a policy that will take effect today.
Biden admin bragged about building ‘made-in-America’ EV charging network, then waived ‘Buy America’ rules
The Biden administration announced it would buy non-US-made EV chargers to quickly build an EV charger infrastructure, after having boasted about a 'made-in-America' network.
Democrats attack 'obscene' oil profits with new tax hike, accuse industry of 'cartel pricing'
House and Senate Democrats are proposing a new wave of taxes on oil companies to attack what they call "price gouging," after President Biden called oil profits "outrageous."
Universal income programs spreading across US: ‘I know what our people need’
Universal basic income programs are spreading throughout the country and are giving low-income people and families $500 a month or more, funded in part through federal legislation.