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Taxes January 12, 2017

Critics blast loophole that forces taxpayers to fund public sector union work

Bob Nicks has firefighting in his blood, but for the last four years, the Texas battalion chief has earned his six-figure salary sitting at a desk doing union work instead of running into burning buildings and saving lives.

Financial Regulation October 6, 2016

Senate Democrats call for criminal probe of Wells Fargo

Fourteen senators are calling on the Justice Department to open a criminal investigation of Wells Fargo executives after revelations that bank employees opened millions of fake bank and credit card accounts.

Presidential September 19, 2016

Trump tax plan may cost $1.5 trillion more than he says

Donald Trump's tax plan may cost $1.5 trillion over the next decade more than he has projected and skew even more to the wealthy, according to a nonpartisan analysis released Monday.

Financial Regulation June 2, 2016

Obama administration to announce new rules for payday lenders

The Obama administration will announce Thursday the federal government鈥檚 first move to regulate high-interest, low-dollar 鈥減ayday loans,鈥� a $38.5 billion market currently left to the states.

Regulation May 2, 2016

House passes bill easing regulations on financial sector

The House passed a bill Wednesday to ease the landmark law reining in banks and Wall Street, advancing a key Republican priority more than six years after a financial crisis brought on the Great Recession.

Taxes February 8, 2016

Which Republican candidates can make the flat tax work and help the economy?

We have long loved the flat tax proposed by Senator Cruz and other GOP candidates. Senator Rubio, the flat tax attacker, has a plan that adds tax credits and keeps income tax rates relatively high.

Privacy January 8, 2016

The IRS backs down: How your voice made a difference, America

The IRS backed down and decided not to implement a proposed regulation that would have some nonprofit charities report the Social Security numbers of donors giving at least $250 in one year.

White House December 20, 2015

Obama nominating Treasury official to run the Commodity Futures Trading Commission

President Barack Obama is nominating a top Treasury Department official to run the independent agency that regulates the futures and options market.

Domestic Policy December 20, 2015

Is Wall Street Dems' secret weapon in shutdown stalemate?

Conversations with a number of Democratic leadership staffers, on both the House and Senate sides, suggest that as the partial shutdown grinds on, Democrats continue to believe that time is on their side -- not least because they believe they maintain in reserve a powerful, and somewhat surprising, ally: Wall Street.

Budget December 20, 2015

Oklahoma senator calls out Congress for blowing money on 'fruity' grants

One Washington lawmaker says the fiscal fight in DC needs to be refocused on millions of dollars being blown on new government grants that include everything from spending on social media for apples, Christmas tree initiatives and a YouTube video promoting the proper handling of watermelons. And that鈥檚 just this week alone.

Federal Reserve December 20, 2015

US economy grew at 2.5 percent rate in spring

The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined.