Government News

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US President of the United States Joe Biden delivers remarks on student debt and lowering costs for Americans at Madison College in Madison, Wisconsin, United States on April 8, 2024.

Biden Administration Forgives $7.4 Billion More in Student Loans

Published Apr 12, 2024

US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024.

Who Will Get Forgiveness Under Biden's New Student Loan Proposal?

Updated Apr 09, 2024

A screenshot of the IRS Direct File tool.

What's the Early Reaction to the New IRS Free Online Tax Filing Service?

Updated Mar 28, 2024

The US Capitol in Washington, DC, on March 22, 2024. The US House of Representatives voted March 22 to approve a sprawling $1.2 trillion package to fund the government, provoking an angry response from conservatives and kicking off a race against the clock in the Senate to ensure the lights stay on past a midnight deadline.

Nearly Six Months Into Fiscal Year, Congress Approves a Spending Bill

Taylor Tompkins

Published Mar 23, 2024

The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.

IRS Direct File Program Officially Opens For Business

Updated Mar 12, 2024

US President Joe Biden, center, speaks during a State of the Union address at the US Capitol in Washington, DC, US, on Thursday, March 7, 2024.

4 Key Economic Takeaways From the State of the Union Address

Updated Mar 08, 2024

President Joe Biden listens to remarks during a meeting with his Competition Council in the State Dining Room of the White House on March 5, 2024.

Biden Calls for $10,000 Tax Credits for First-Time Homebuyers and Starter Home Sellers

Published Mar 07, 2024

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

Published Mar 07, 2024

US President Joe Biden speaks during an event at the National Institutes of Health (NIH) inÃÂ Bethesda, Maryland, US, on Thursday, Dec. 14 2023.

Biden Calls On Lawmakers To Lower Cost of Prescription Drugs

Published Mar 06, 2024

A woman taps a credit card at a store counter

Your Credit Card Late Fees May Come Down to $8

Published Mar 05, 2024

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

Updated Mar 05, 2024

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

Published Feb 29, 2024

Cars at port in Lianyungang, Jiangsu Province of China.

US Opens Probe Into Chinese Smart Cars, Auto Technology on National Security Concerns

Fatima Attarwala

Published Feb 29, 2024

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

Published Feb 26, 2024

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

Published Feb 23, 2024

A man doing taxes

Some Taxpayers Will Get To File Online Directly To The IRS Soon

Published Feb 22, 2024

College students study around a table with laptops.

Student Loan Borrowers With Smaller Loans Have $1.2 Billion In Debts Forgiven

Published Feb 21, 2024

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

Published Feb 09, 2024

A sign for the U.S. Securities and Exchange Commission headquarters

Texting Employees Cost 16 More Financial Firms $81 Million In Fines

Published Feb 09, 2024

Stressed man at a computer

Education Department Sends Staff To Help Colleges Fix FAFSA Mess

Published Feb 05, 2024

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

Published Feb 01, 2024

Two teenage boys studying together, sitting at a table in a library.

FAFSA Student Aid Timeline Delayed, Complicating College Acceptance Process

Published Jan 31, 2024

A 2022 meeting of the Federal Open Market Committee

What Happens Inside the Fed Meetings Where Decisions on US Interest Rates are Made?

Updated Jan 29, 2024

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

Published Jan 26, 2024

Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman at an event.

FTC Opens Inquiry Into Microsoft, Google & Amazon, Over OpenAI & Anthropic Partnerships

Published Jan 25, 2024

A woman shopping online with a card

CFPB Seeks To Prevent Banks From Charging 'Abusive' Fee on Instantly Declined Transactions

Published Jan 24, 2024

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'

Updated Feb 16, 2024

A family eating dinner in a greenhouse

What the Proposed Expansion of the Child Tax Credit Means For You

Published Jan 23, 2024

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

Published Jan 19, 2024

Biden delivering remarks on student debt cancellation October 4, 2023.

Biden Forgives $4.9 Billion Student Loans for 73,600 Borrowers

Fatima Attarwala

Published Jan 19, 2024

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

Published Jan 09, 2024

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

Published Dec 02, 2023

Bank of America Branch

Bank of America Fined For Failing To Collect Data On Mortgage Applicants

Published Nov 28, 2023

US President Joe Biden

Biden Signs Bill Averting Government Shutdown, Pushing Budget Fight Into New Year

Fatima Attarwala

Published Nov 17, 2023

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

Published Nov 14, 2023

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

Updated Nov 10, 2023

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

Published Nov 07, 2023

CFPB Director Rohit Chopra

CFPB Wants To Regulate FinTech Payments Processors like Amazon, Meta and Google

Updated Nov 08, 2023

The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.

IRS Raises 401(k) Contribution Limit To $23,000

Published Nov 01, 2023

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

Taylor Tompkins

Published Nov 01, 2023

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

Published Oct 31, 2023

U.S. President Joe Biden at the White House.

Biden's AI Exec Order Seeks New Laws, Requests Safeguards From Tech Companies

Published Oct 30, 2023

A worried man talking on the phone

Biden Administration Punishes Student Loan Servicer MOHELA for Errors

Published Oct 30, 2023

United Nations

UN Launches Advisory Body to Boost International Cooperation on AI Governance

Fatima Attarwala

Published Oct 27, 2023

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

Published Oct 26, 2023

Woman adjusts thermostat.

Biden Bolsters Home Energy Assistance Program to Help With Winter Heating Bills

Published Oct 25, 2023

Students working on laptops in a public library

New Federal Rule Restricts Colleges Withholding Transcripts For Unpaid Debt

Published Oct 24, 2023

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

Published Oct 23, 2023

EV production process

China Restricts Exports of Graphite, Key Mineral Used for Making EV Batteries

Published Oct 20, 2023

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

Updated Oct 19, 2023

A male bank manager talks to a woman at the bank counter.

Regulators Are Making it Easier to Break Up With Your Bank

Updated Oct 23, 2023

U.S. Treasury Department

Treasury Auction Results Show Lagging Demand for Bonds

Published Oct 13, 2023

Customer service workers taking calls

TransUnion Agrees To Pay $23 Million to Federal Regulators

Published Oct 12, 2023

A couple at an airport terminal checking their flight information and tickets

Surprised By 'Junk' Fees On Bills? They May Go Away Soon

Updated Oct 11, 2023

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

Published Oct 06, 2023

Mary Daly

Bond Yield Rise Shows Interest Rates Sufficiently High for Now: Fed's Daly

Published Oct 05, 2023

Joe Biden Press Conference: 06/30/2023

Biden Administration Earmarks Additional $9B in Student Loan Relief for 125,000 Borrowers

Published Oct 04, 2023

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

Taylor Tompkins

Published Oct 03, 2023

Rudy Sulgan / Getty Images

Payday Lenders Take Their Shot At Bringing Down The CFPB In The Supreme Court

Published Oct 03, 2023

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

Published Oct 02, 2023

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

Published Oct 01, 2023

Woman calculating finances at home.

Student Loan Payments Are Restarting Sunday. They’re Nothing Like You Remember

Published Sep 30, 2023

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

Published Sep 29, 2023

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

Published Sep 29, 2023

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

Fatima Attarwala

Published Sep 29, 2023

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