Government News

Stay up to date on government, politics, and public policy news that may impact markets and the investing public.

U.S. Speaker of the House Kevin McCarthy (R-CA) leaves his office in the U.S. Capitol Building on May 30, 2023 in Washington, DC. Later today the House Rules Committee will meet to consider The Fiscal Responsibility Act, a bill made after a deal House Republicans and U.S. President Joe Biden's negotiators struck up to raise the debt ceiling until 2025.

Debt Ceiling Deal: What Each Side Got

Published May 30, 2023

The early morning sun begins to rise behind the White House October 24, 2005 in Washington, DC.

How to Give the White House Your Input on Rapidly Growing AI Technology

Published May 28, 2023

President Joe Biden delivers remarks on the one-year anniversary of the mass shooting in Uvalde, Texas at the Grand Staircase of the White House on May 24, 2023 in Washington, DC. 19 children and two teachers were killed when a gunman entered Robb Elementary School in Uvalde, Texas, opening fire on students and faculty. Biden also spoke briefly about the ongoing debt ceiling negotiations.

What's In the Biden, McCarthy Debt Ceiling Agreement

Updated May 28, 2023

Sen. Rick Scott (R-FL) listens during a news conference at the U.S. Capitol Building on January 25, 2023 in Washington, DC.

Work Requirements Wouldn’t Dent Federal Budget

Published May 25, 2023

Exterior of Supreme Court of the United States on First Street in Washington DC, USA with statue by James Earle Fraser titled Authority of Law (1935)

Supreme Court Rules Government Can't Keep Profits From Tax-Foreclosed Homes

Published May 25, 2023

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solar energy panels in water

Solar Energy Investment To Eclipse Oil Spending For The First Time, IEA Says

Published May 25, 2023

U.S. Speaker of the House Kevin McCarthy (R-CA), joined by Rep. Patrick McHenry (R-NC), speaks to reporters following his meeting with U.S. President Joe Biden at the White House on May 22, 2023 in Washington, DC.

U.S. Debt Ceiling Talks Don't Seem Personal to Americans

Taylor Tompkins

Published May 24, 2023

TikTok app

Montana TikTok Ban Likely To Face Challenges

Published May 22, 2023

Woman paying bills or taxes using her laptop at her kitchen table

Most Americans Want to Cut Out the Tax Preparer Middleman

Published May 17, 2023

Former CEO of Silicon Valley Bank Gregory Becker, former chairman of Signature Bank Scott Shay and former president of Signature Bank Eric Howell testify during a Senate Banking Committee hearing on Capitol Hill May 16, 2023 in Washington, DC. The hearing was held to examine the recent failures of Silicon Valley Bank and Signature Bank.

Who Crashed the Banks? Lawmakers Find Plenty of Suspects

Published May 16, 2023

Samuel Altman, CEO of OpenAI, greets committee chairman Sen. Richard Blumenthal (D-CT) while arriving for testimony before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law May 16, 2023 in Washington, DC.

OpenAI CEO Tells Congress Future AI Tools May Need Regulating

Published May 16, 2023

Amgen Headquarters

FTC Sues to Block Amgen’s Acquisition of Horizon Therapeutics

Published May 16, 2023

Dr. Philip Nathan Jefferson

Philip Jefferson Nominated as Fed Vice Chair

Published May 12, 2023

Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg

FDIC Proposes Special Assessment on Banks to Replenish Insurance Fund

Published May 11, 2023

Passenger looking at flight board

White House Proposal Will Make Airlines Pay for Delays, Cancellations

Published May 08, 2023

U.S. President Joe Biden speaks during a meeting with his Investing in America Cabinet at the Roosevelt Room of the White House on May 5, 2023 in Washington, DC. President Biden held the meeting to discuss âhow his Investing in America agenda is unleashing private sector investments, revitalizing American manufacturing, creating good-paying jobs and rebuilding the economy from the middle out and the bottom up.â

U.S. Barrels Toward a Uniquely American Debt Ceiling Crisis

Published May 08, 2023

White House Says It Will Look at AI Regulations, Legislation

Published May 05, 2023

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas

White House to Meet with Top AI Companies

Published May 04, 2023

Seal of the FDIC, the government agency responsible for insuring bank deposits.

FDIC Floats Proposal of Higher Insurance for Business Bank Accounts

Published May 01, 2023

U.S. President Joe Biden addresses the North America's Building Trades Unions legislative conference at the Washington Hilton on April 25, 2023 in Washington, DC. Earlier in the day, Biden released a video where he officially announced his re-election campaign.

What Will Happen When the Government Can’t Pay Its Bills Anymore?

Published Apr 26, 2023

Electric Vehicle (EV) Charging Station

These 10 EVs Are Eligible for Tax Credits Under the New Treasury Rules

Published Apr 19, 2023

U.S. President Joe Biden speaks before signing an executive order related to childcare and eldercare during an event in the Rose Garden of the White House April 18, 2023 in Washington, DC. President Biden is announcing more than 50 executive actions today aimed at increasing access to child care, advancing free preschool and improvements to the work life of caregivers.

Biden Moves To Make Child Care Cheaper, Pay Workers More

Published Apr 18, 2023

House Minority Leader Kevin McCarthy (R-CA) speaks during his weekly news conference at the U.S. Capitol on February 27, 2020 in Washington, DC. The White House earlier this week put forward a $2.5 billion request for emergency funding to fight the coronavirus to which McCarthy responded, "I think $2 billion is a little low, I think we're probably looking at $4 billion in this process, having spoken to Democrat House members from Appropriations."

Republican House Speaker McCarthy Demands Spending Cuts To Raise Debt Ceiling

Published Apr 17, 2023

Tourists move through the plaza in front of the U.S. Supreme Court building April 07, 2023 in Washington, DC. According to a ProPublica report published Thursday, Supreme Court Associate Justice Clarence Thomas failed to include in his financial disclosures that for decades he was treated to luxury vacations by Texas real estate magnate and Republican mega-donor Harlan Crow.

Supreme Court Allows Loan Discharge for Students Misled by For-Profit Colleges

Published Apr 13, 2023

Vehicles sit in traffic on a highway at night time.

EPA Set to Clamp Down on Vehicle Emissions to Boost EV Adoption

Published Apr 10, 2023

Federal Reserve Building in Washington DC

US Banks' Emergency Borrowing Drops for Second Straight Week

Published Apr 06, 2023

IRS

IRS Targets Wealthy Taxpayers with New Strategic Plan

Published Apr 06, 2023

Katie Mahoney and Rev. Pat Mahoney of The Stanton Public Policy Center, Peggy Nienaber of Faith and Liberty and Mark Lee Dickson of Right to Life East Texas pray in front of the U.S. Supreme Court on April 21, 2023 in Washington, DC. Organized by Mahoney and the Purple Sash Revolution, the small group of demonstrators called on the Supreme Court to affirm Federal District Court Judge Matthew Kacsmaryk's ruling that suspends the Food and Drug Administration's approval of the abortion pill mifepristone

Supreme Court Case Challenges Government Ability To Sell Your House and Keep Profits

Updated May 25, 2023

Treasury Department

US Treasury Raises Illicit Finance Concerns Over DeFi Industry

Published Apr 06, 2023

The U.S. government projects 15 million people could lose Medicaid or CHIP coverage as states unwind the continuous enrollment provision.

A Medicaid Protection Expires Saturday, Threatening Coverage For 15 Million

Published Mar 31, 2023

A couple looks at a laptop at home.

Social Security Funds Set to Run Out Earlier than Expected

Published Mar 31, 2023

Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on Sept. 29, 2015 in Fremont, California.

Can the US Break China's Dominance of Electric Car Markets?

Published Mar 31, 2023

US President Joe Biden attends a press conference after a trilateral meeting with Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak during the AUKUS summit on March 13, 2023 in San Diego, California. President Biden hosts British Prime Minister Rishi Sunak and Australian Prime Minister Anthony Albanese in San Diego for an AUKUS meeting to discuss the procurement of nuclear-powered submarines under a pact between the three nations.

Biden to Regulators: Get Tougher On Banks

Published Mar 30, 2023

The United States Capitol Building, the seat of Congress, on the National Mall in Washington, D.C.

Lawmakers to Grill Regulators on Silicon Valley Bank Collapse

Published Mar 27, 2023

The Federal Reserve building in Washington, D.C.

Banks Lean Harder on Fed’s Emergency Lending Program

Published Mar 27, 2023

Federal Reserve Board Chairwoman Janet Yellen answers questions at a news conference following a Federal Open Market Committee meeting September 17, 2015 in Washington, DC. The committee reaffirmed its view that the current target range for the federal funds rate remains appropriate and that interest rates will remain unchanged.

Debt Ceiling Decoded: What You Need to Know

Updated May 02, 2023

Strategic Petroleum Reserves Storage in Texas

US to Take Years to Refill Its Strategic Petroleum Reserve

Published Mar 24, 2023

close up shot of the open drawer of a cash till, full of American dollars, with a person putting a $1 bill in.

Fed's Moves May Further Entrench US Dollar's Global Supremacy

Published Mar 23, 2023

UK, London, Bank of England and the Royal Exchange with modern glass built office tower behind

Here's How Much Central Banks Around the World Are Raising Interest Rates

Published Mar 23, 2023

Federal Reserve Chairman Jerome Powell speaks at lectern

Senators Call for Independent Oversight of Fed

Published Mar 22, 2023

U.S. Treasury Janet Yellen speaks at the American Bankers Association Washington Summit on March 21, 2023 in Washington, DC.

Yellen: Government Willing to Back Deposits at Small and Mid-Sized Banks

Published Mar 21, 2023

A security guard at Silicon Valley Bank monitors a line of people outside the office on March 13, 2023 in Santa Clara, California. Days after Silicon Valley Bank collapsed, customers are lining up to try and retrieve their funds from the failed bank. The Silicon Valley Bank failure is the second largest in U.S. history.

What's Next For Bank Regulations?

Published Mar 21, 2023

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Powell spoke on the state of the U.S. economy and suggested that interest rates will need to stay higher for longer than expected in order to curb inflation.

Will the Banking Crisis Force Fed to Pause Interest Rate Hikes?

Published Mar 20, 2023

U.S. President Joe Biden speaks with reporters before departing from the South Lawn of the White House on Marine One on March 17, 2023 in Washington, DC.

What Biden's ESG Bill Veto Means For Your Retirement

Published Mar 20, 2023

President Joe Biden

Biden Asks Congress to Go After Failed Bank Executives Who Cashed Out

Published Mar 17, 2023

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra

Consumer Watchdog Wants to Know Who's Watching Your Internet Behavior

Published Mar 17, 2023

Christine Lagarde ECB Press Conference

European Central Bank (ECB) Hikes Rates Despite Financial Sector Turmoil

Published Mar 16, 2023

Facade of Swiss bank with Swiss flag, Bank Building of Credit Suisse, Bahnhofstrasse, Zurich, Canton of Zurich, Switzerland

Credit Suisse Shares Up After Borrowing $54 Billion From Swiss National Bank

Mrinalini Krishna

Published Mar 16, 2023

Credit Suisse bank sign at global headquarters of Swiss bank in Zurich, Switzerland

Swiss Authorities Pledge to Support Credit Suisse

Published Mar 15, 2023

Someone pours pills into the palm of their hand.

Drugmakers May Face Inflation Fines

Kathleen Marshall

Published Mar 15, 2023

President Joe Biden speaks about banking regulations

Biden Highlights Dodd-Frank Repeal in Calls for Stiffer Bank Regulations

Published Mar 14, 2023

House Minority Leader Kevin McCarthy (R-CA) answers questions during a press conference at the U.S. Capitol on July 29, 2022 in Washington, DC. During the press conference.

Biden Awaits Republican Counter-Proposal On Budget

Published Mar 10, 2023

President Joe Biden addresses the International Association of Fire Fighters' legislative conference at the Hyatt Capitol Hill on March 06, 2023 in Washington, DC. The first sitting president to address the IAFF's DC gathering, Biden was endorsed by the fire fighters for his 2020 run for the White House after the union did not endorsing a candidate in 2016.

Biden Budget Calls For New Benefits For Families, Funded By Taxes On The Wealthy

Updated Mar 10, 2023

President Joe Biden delivers his State of the Union address during a joint meeting of Congress in the House Chamber of the U.S. Capitol on February 07, 2023 in Washington, DC. The speech marks Biden's first address to the new Republican-controlled House.

Biden’s Budget Proposal: Five Things To Expect

Published Mar 08, 2023

The U.S. Capitol Building dome is seen from the Cannon House Office Building January 19, 2023 in Washington, DC.

‘Cataclysmic’ Debt Ceiling Breach Could Cost 7 Million Jobs, Moody’s Estimates

Published Mar 07, 2023

A sign is posted in front of SoFi Technologies headquarters on Feb. 22, 2022 in San Francisco, California.

Student Loan Refinancer Sues to End Payment Pause

Taylor Tompkins

Published Mar 07, 2023

Jerome Powell, Chairman, Board of Governors of the Federal Reserve System testifies before the Senate Banking, Housing, and Urban Affairs Committee June 22, 2022 in Washington, DC. Powell testified on the Semiannual Monetary Policy Report to Congress during the hearing.

Fed's Powell To Tell Congress: Expect More Rate Hikes

Published Mar 06, 2023

How to Maximize Your Retirement Accounts

Biden Official Touts ESG Rule on Retirements As Congress Pushes Back

Published Mar 03, 2023

US Supreme Court building

Lawyers and Justices Spar Over Student Loan Forgiveness in Supreme Court

Updated Feb 28, 2023

Supreme Court

Student Loan Forgiveness Is Headed to the Supreme Court. Here’s What To Expect

Published Feb 27, 2023

United States Supreme Court (front row L-R) Associate Justice Sonia Sotomayor, Associate Justice Clarence Thomas, Chief Justice of the United States John Roberts, Associate Justice Samuel Alito, and Associate Justice Elena Kagan, (back row L-R) Associate Justice Amy Coney Barrett, Associate Justice Neil Gorsuch, Associate Justice Brett Kavanaugh and Associate Justice Ketanji Brown Jackson pose for their official portrait at the East Conference Room of the Supreme Court building on October 7, 2022 in Washington, D.C.

Here Are the Players in the Supreme Court’s Student Loan Case

Published Feb 24, 2023

A wide shot of the Supreme Court building.

What If the Supreme Court Upholds Student Loan Forgiveness?

Published Feb 23, 2023

A mother plays with her son in their new home.

Biden Administration Lowers Premiums on FHA-Insured Mortgages

Published Feb 22, 2023

The outside of the Supreme Court of the United States

What Would Happen If the Supreme Court Blocks Student Loan Forgiveness?

Updated Feb 23, 2023

Exterior Image of the U.S. Supreme Court

Supreme Court Justices Appear Reluctant to Remove Internet Company Protections

Published Feb 22, 2023

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