News

Happy Thursday! President Donald Trump said today that he will nominate Stephen Miran, the chair of the White House Council of Economic Advisers, to temporarily fill a seat on the Federal Reserve ...
The Trump administration has canceled more than 1,800 grants from the National Institutes of Health, and according to a new ...
Trump rages against the numbers: In response to the July report, the president demanded that the head of the Bureau of Labor ...
Despite intense pressure from President Trump to cut interest rates, Federal Reserve policymakers are expected to keep rates unchanged when they conclude a two-day meeting tomorrow. But Fed ...
The Trump administration said Friday that it is releasing $5.5 billion in education funding that it was withholding as part of a review meant to align spending with White House priorities. The ...
Republicans Shut Down the House Early to Avoid Epstein Vote Speaker Mike Johnson announced Tuesday that the House will be starting its summer break one day earlier than planned after legislative ...
A House Appropriations subcommittee advanced a bill late Monday that would provide $9.5 billion for the IRS in fiscal year 2026 — a reduction of more than 20% from the current funding level of ...
Happy Monday! Politico's Brian Faler noted today that tax experts are struggling with an issue that has at times bedeviled us, too: Just how to refer to the recently passed Republican tax cut law ...
The House narrowly passed a $9 billion package of DOGE spending cuts just after midnight on Friday, approving a White House request to cancel money that Congress had previously provided for ...
President Trump and Elon Musk have ramped up their on-again-off-again feud, with the tech mogul announcing that he has launched a new party, the America Party, after criticizing Trump’s tax and ...
Happy July 1, or as it's known to some here in New York, Bobby Bonilla Day. In Washington, D.C, President Donald Trump's signature policy bill squeaked through the Senate by the slimmest of ...
The Senate version of the One Big Beautiful Bill Act, the massive reconciliation package that would deliver on much of President Donald Trump’s domestic policy agenda, would add at least $3.3 ...