House Passes Roughly $2 Trillion Social Spending and Climate Bill
WASHINGTON—The House passed a roughly $2 trillion education, healthcare and climate package on Friday, as Democrats corralled their slim majority...
Legislative Branch
Electric-Vehicle Spat Looms Over Biden’s Meeting With Canadian, Mexican Leaders
President Biden’s summit with counterparts from Canada and Mexico at the White House brings him face-to-face with visitors who have...
Federal Government Could Be Unable to Pay Bills as Soon as Dec. 15, Yellen Says
The U.S. government could run out of resources to meet the nation’s obligations as soon as Dec. 15, Treasury Secretary...
Fed’s Randal Quarles to Resign at End of Year
Federal Reserve governor Randal Quarles said Monday he would resign his position around the end of this year, giving President...
Democrats Drop Paid Leave From $1.75 Trillion Proposal
WASHINGTON—Democrats abandoned plans to include a paid-leave program in their healthcare, education and climate-change bill, according to people familiar with...
Corporate Minimum Tax Resurfaces as Democrats Hunt for Money
WASHINGTON—Senate Democrats announced a 15% minimum tax on large companies’ income on Tuesday, winning support from a key moderate lawmaker,...
Tax Proposals Hit Headwinds as Democrats Try to Finalize Social Spending Deal
WASHINGTON—An 11th-hour push by Democrats to fund their social-spending and climate bill faltered, with a proposed tax on billionaires’ unrealized...
House Approves Extension of Debt Ceiling Into December
WASHINGTON—The House on Tuesday voted along party lines to raise the U.S. borrowing limit into December, as Democratic lawmakers wrestled...
House Passes $3.5 Trillion Budget Blueprint, Sets Deadline for Infrastructure Bill
WASHINGTON—The House narrowly passed a measure approving a $3.5 trillion budget blueprint and locking in a late September vote on...
WSJ News Exclusive | Biden to Nominate María Pagán as U.S. Envoy to World Trade Organization
WASHINGTON—President Biden is expected to nominate María Luisa Pagán, a longtime government trade negotiator, as a deputy U.S. trade representative...
Cable, Internet Companies Stand to Gain From Broadband Funding in Infrastructure Bill
WASHINGTON—The $1 trillion infrastructure bill moving through the Senate this week stands to be a windfall for cable and fiber-optic...
Debt Ceiling Deadline: What It Means and How Congress Can Act
WASHINGTON—The clock is ticking for Congress to reach a deal to raise the federal borrowing limit, or debt ceiling, before...
Progressives Raise Heat on Nancy Pelosi Over Eviction Moratorium
WASHINGTON—House Speaker Nancy Pelosi (D., Calif.) is facing an uprising from the progressive wing of the Democratic caucus, which is...
Democrats Focus on Turning Tax Talk Into Action
WASHINGTON—Democrats face a daunting task: turning years of talking about raising taxes on corporations and high-income Americans into legislation that...
Google, Facebook Pressure Falls Short as Antitrust Measures Advance in House Committee
WASHINGTON—A House committee approved far-reaching legislation to curb the market dominance of tech giants, including Alphabet Inc.’s Google and Facebook...
Biden Policies Would Help Unwind Destructive Forces of Inequality, Climate Change, Yellen Says
WASHINGTON—The U.S. economy needs ambitious fiscal policy to help unwind destructive forces, such as racial inequality and climate change, that...
Lina Khan, Critic of Large Tech Firms, to Lead Federal Trade Commission
WASHINGTON—The Senate on Tuesday confirmed Lina Khan for a seat on the Federal Trade Commission, and President Biden tapped her...
Biden, Republican Senator to Discuss Revised Infrastructure Proposal
WASHINGTON—President Biden was set on Friday to speak with a Senate Republican leading efforts to reach a compromise on infrastructure...
Biden Administration Extends Bipartisan Infrastructure Talks Into June
The Biden administration said Sunday that talks over a $1.7 trillion infrastructure package would need to show a “clear direction”...
No Bridge in Sight for Biden Infrastructure Plan
WASHINGTON—Prospects look dim for bipartisan agreement on an infrastructure-spending bill as lawmakers argue over the basic questions of what should...
