Government News

Stay up to date on government, politics, and public policy news that may impact markets and the investing public.
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, March 7, 2024.
Senators Grill Federal Reserve Chair Powell On Interest Rates, Immigration
US President Joe Biden speaks during an event at the National Institutes of Health (NIH) in Bethesda, Maryland, US, on Thursday, Dec. 14 2023.
Biden Calls On Lawmakers To Lower Cost of Prescription Drugs
A woman taps a credit card at a store counter
Your Credit Card Late Fees May Come Down to $8
President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol on Feb. 7, 2023.
What Economic Talk To Expect from the State of the Union
Representative Scott Perry, a Republican from Pennsylvania, left, speaks to members of the media while arriving for a House Republican caucus meeting at the US Capitol in Washington, DC, US, on Thursday, Feb. 29, 2024.
Congress Passes Yet Another Stopgap Bill To Avert Government Shutdown
Cars at port in Lianyungang, Jiangsu Province of China.
US Opens Probe Into Chinese Smart Cars, Auto Technology on National Security Concerns
A customer loads his truck after shopping at a Kroger grocery store on September 09, 2022 in Houston, Texas.
FTC Sues To Block $24.6B Kroger-Albertsons Merger
An H & R Block tax preparation office is seen on Flatbush Avenue on February 06, 2024 in the Prospect Heights neighborhood of Brooklyn borough in New York City.
FTC Targets H&R Block For Deleting Customer Tax Prep Data
A man doing taxes
Some Taxpayers Will Get To File Online Directly To The IRS Soon
College students study around a table with laptops.
Student Loan Borrowers With Smaller Loans Have $1.2 Billion In Debts Forgiven
U.S. President Joe Biden speaking at a meeting.
The US Is Investing $5B in Chip R&D—Here's What You Need to Know
A sign for the U.S. Securities and Exchange Commission headquarters
Texting Employees Cost 16 More Financial Firms $81 Million In Fines
Stressed man at a computer
Education Department Sends Staff To Help Colleges Fix FAFSA Mess
US President Joe Biden leaves after speaking about lowering prescription drug costs at the National Institutes of Health in Bethesda, Maryland, on December 14, 2023.
Medicare To Begin Price Negotiations Over 10 Commonly Prescribed Drugs
Two teenage boys studying together, sitting at a table in a library.
FAFSA Student Aid Timeline Delayed, Complicating College Acceptance Process
A 2022 meeting of the Federal Open Market Committee
What Happens Inside the Fed Meetings Where Decisions on US Interest Rates are Made?
A screenshot of a form on the IRS's new Direct File website currently in testing
Why You Might Want To Wait Until March To File Your Taxes This Year
Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman at an event.
FTC Opens Inquiry Into Microsoft, Google & Amazon, Over OpenAI & Anthropic Partnerships
A woman shopping online with a card
CFPB Seeks To Prevent Banks From Charging 'Abusive' Fee on Instantly Declined Transactions
Dr. Elizabeth Maziarka reads a blood pressure gauge during an examination of patient June Mendez at the Codman Square Health Center in Dorchester, Massachusetts.
Medicaid Roll Purge Pushes More People to 'Obamacare'
A family eating dinner in a greenhouse
What the Proposed Expansion of the Child Tax Credit Means For You
Snow covers the White House grounds January 19, 2024 in Washington, DC. This afternoon, U.S. President Joe Biden will hold an event with bipartisan mayors attending the U.S. Conference of Mayors Winter Meeting at the White House.
Biden Signs Deal Funding Government Through March, Averting Shutdown
Biden delivering remarks on student debt cancellation October 4, 2023.
Biden Forgives $4.9 Billion Student Loans for 73,600 Borrowers
U.S. House Minority Leader Hakeem Jeffries (D-New York), U.S. Senate Minority Leader Mitch McConnell (R-Kentucky), U.S. Senate Majority Leader Chuck Schumer (D-New York), and U.S. Speaker of the House Mike Johnson (R-Louisiana) listen during during remarks at a Capitol Menorah lighting ceremony at the U.S. Capitol Building on Dec. 12, 2023, in Washington, D.C.
Budget Deal Brightens Near-Term Outlook for US Economy, But High Debt Still Threatens
Nissan and Volkswagen electric cars sit parked at a Charge Point EV charging station on July 28, 2023 in Corte Madera, California.
Fewer EVs Would Qualify for Tax Credits Under New Treasury Department Rules
Bank of America Branch
Bank of America Fined For Failing To Collect Data On Mortgage Applicants
US President Joe Biden
Biden Signs Bill Averting Government Shutdown, Pushing Budget Fight Into New Year
US President Joe Biden meets with China's President Xi Jinping during a virtual summit from the Roosevelt Room of the White House in Washington, DC, November 15, 2021.
Here Are the Economic Items That Could Be Discussed at the Biden, Xi Meeting On Wednesday
The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.
Your Standard Tax Deduction Could Be $1,500 More This Year
Signage outside the Federal Housing Finance Association (FHFA) headquarters in Washington, DC, US, on Monday, Jan. 30, 2023.
Regulator Pushes Federal Home Loan Banks Reform After Spring Banking Crisis
CFPB Director Rohit Chopra
CFPB Wants To Regulate FinTech Payments Processors like Amazon, Meta and Google
The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.
IRS Raises 401(k) Contribution Limit To $23,000
The US Treasury Department building is seen in Washington, DC, January 19, 2023.
Treasury Announced How Many Bonds It Will Sell in the Months Ahead—Why You Should Care
US President Joe Biden speaks during an event in the East Room of the White House in Washington, DC, US, on Monday, Oct. 30, 2023.
Biden Rule Would Make Your Retirement Advisor Work For You—Not For Commission
U.S. President Joe Biden at the White House.
Biden's AI Exec Order Seeks New Laws, Requests Safeguards From Tech Companies
A worried man talking on the phone
Biden Administration Punishes Student Loan Servicer MOHELA for Errors
United Nations
UN Launches Advisory Body to Boost International Cooperation on AI Governance
Delivery Person showing order on smart phone to employee at McDonalds pick up, Queens, New York.
New Labor Rule Boosts Union Ability To Organize Contractors and Franchise Workers
Woman adjusts thermostat.
Biden Bolsters Home Energy Assistance Program to Help With Winter Heating Bills
Students working on laptops in a public library
New Federal Rule Restricts Colleges Withholding Transcripts For Unpaid Debt
U.S. President Joe Biden and Secretary of Commerce Gina Raimondo at the White House.
Biden Names 31 Regional Tech Hubs To Create Jobs in Rural, Underserved Communities
EV production process
China Restricts Exports of Graphite, Key Mineral Used for Making EV Batteries
Federal Reserve Chair Jerome Powell speaks at a lunch hosted by the Economic Club of New York at the Hilton Hotel on October 19, 2023 in New York City.
Powell Leaves Door Open For a Rate Increase
A male bank manager talks to a woman at the bank counter.
Regulators Are Making it Easier to Break Up With Your Bank
U.S. Treasury Department
Treasury Auction Results Show Lagging Demand for Bonds
Customer service workers taking calls
TransUnion Agrees To Pay $23 Million to Federal Regulators
A couple at an airport terminal checking their flight information and tickets
Surprised By 'Junk' Fees On Bills? They May Go Away Soon
Nissan and Volkswagen electric cars sit parked at a Charge Point EV charging station on July 28, 2023 in Corte Madera, California.
Treasury, IRS Release Tax-Incentive Guidelines to Boost EV Sales
Mary Daly
Bond Yield Rise Shows Interest Rates Sufficiently High for Now: Fed's Daly
Joe Biden Press Conference: 06/30/2023
Biden Administration Earmarks Additional $9B in Student Loan Relief for 125,000 Borrowers
U.S. Speaker of the House Kevin McCarthy (R-CA) speaks to members of the media at the U.S. Capitol on May 24, 2023 in Washington, DC.
After Budget Fight, House Ousts McCarthy As Speaker
Rudy Sulgan / Getty Images
Payday Lenders Take Their Shot At Bringing Down The CFPB In The Supreme Court
US President Joe Biden leaves after he delivered remarks on the bipartisan bill to fund the government, in the Roosevelt Room of the White House on Oct. 1, 2023
Unpacking the Short-Term Funding Bill That Averted a Shutdown
U.S. Speaker of the House Rep. Kevin McCarthy (R-CA) speaks to members of the press at the U.S. Capitol.
Congress Passed a Bill to Avert a Shutdown
Woman calculating finances at home.
Student Loan Payments Are Restarting Sunday. They’re Nothing Like You Remember
A student walks through Stanford University's Main Quad in Stanford, California on March 23, 2023.
How Student Loan Borrowers Ended Up In a $1.5 Trillion Hole
Demonstrators display signs of protest outside the U.S. Supreme Court, on Friday, June 30, 2023. The Court ruled against the Biden administration's plan for student loan forgiveness.
Biden's 'Plan B' On Loan Forgiveness Is Beginning to Take Shape
A worker in the drive-through of a Wendy's fast food restaurant in Pinole, California, US.
California Raises Minimum Wage for Fast-Food Workers to $20 per Hour
SEC Headquarters
SEC Fines Interactive Brokers, Baird Among Other Wall Street Firms in Texting Probe
The University of Virginia campus is seen on October 12, 2022 in Charlottesville, Virginia.
Some Student Loan Borrowers Are Surprised at New Repayment Plan Savings