Former Education Secretary Betsy DeVos made no secret of her disdain for a program intended to forgive the federal student loans of borrowers who were ripped off by schools that […]
United States Politics and Government
Trending topics and news from the United States Politics and Government category
Back to news homeWhere’s My Stimulus Payment? Maybe in Your Account. (Finally!)
Demand for information hardly slowed Wednesday: Wells Fargo said heavy traffic had temporarily caused problems for its online banking service. “This does not affect stimulus payments with March 17 effective […]
Treasury Ramps Up Racial Equity Review as It Deploys Relief Funds
WASHINGTON — The Treasury Department is moving ahead with a formal racial equity review of the agency and its programs, putting in place an effort to ensure that economic fairness […]
The Financial Crisis the World Forgot
By the middle of March 2020 a sense of anxiety pervaded the Federal Reserve. The fast-unfolding coronavirus pandemic was rippling through global markets in dangerous ways.Trading in Treasurys — the […]
How the U.S. Got It (Mostly) Right in the Economy’s Rescue
“Now that we need them, there’s no freaking help,” he said.Research from Eliza Forsythe, an economist at the University of Illinois, found that from June until Feb. 17, only 41 […]
Two Decades After the ‘End of Welfare,’ Democrats Are Changing Direction
WASHINGTON — A quarter-century ago, a Democratic president celebrated “the end of welfare as we know it,” challenging the poor to exercise “independence” and espousing balanced budgets and smaller government.The […]
Here Are 17 Reasons to Let The Economic Optimism Begin
That’s essentially what has happened in the last few decades as China has gone from being isolated to being deeply integrated in the world economy. When the country joined the […]
Whistle-Blower Says Credit Suisse Helped Clients Skip Taxes After Promising to Stop
The Swiss bank also hired Mr. Wray, then a partner at King & Spalding in Washington who had served as the head of the Justice Department’s criminal division and oversaw […]
A Last-Minute Add to Stimulus Bill Could Restrict State Tax Cuts
WASHINGTON — A last-minute change in the $1.9 trillion economic relief package that President Biden signed into law this week includes a provision that could temporarily prevent states that receive […]
The Relief Bill Will Save Tens of Thousands of Airline and Airport Jobs
The pandemic relief bill that President Biden signed Thursday afternoon will protect tens of thousands of aviation jobs, providing a lifeline to an industry that is likely to struggle for […]