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Biden's top economic advisor opens door to a stock-trading ban for members of Congress despite Pelosi's opposition, says it would 'restore faith in our institutions'
"There's a lot of distrust and mistrust around how politics works, around the political process," s…
Bryan Metzger,Kimberly Leonard
Biden wants to address the housing shortage. He just called a White House meeting with builders and labor unions.
The housing shortage in the US is causing home prices to surge, diminishing the possibility of home…
Ayelet Sheffey
Meet Brian Deese, Biden's pick to lead the National Economic Council, who has worked for both the Obama administration and BlackRock
Biden noted in a video that Deese will be the first NEC director who is a "true expert on climate p…
Inyoung Choi
Developers who want to build apartments near public transit stations are in luck as the Biden administration opens up billions in loans
Apartment construction is slowing as rates soar and a bunch of new housing hits the market. The adm…
Eliza Relman
The White House wants to entice Americans back to work by giving them more benefits
Lack of childcare is keeping people out of work, and Biden wants to fix that. Workers also want — y…
Jason Lalljee
White House chief of staff mocks Trump, says Biden is fulfilling promises the former president could not
White House chief of staff Ron Klain shared an article that listed various unfulfilled promises fro…
Alia Shoaib
Oil prices could trade above $120 next year - but extremely low diesel inventories pose an even bigger concern, top energy analyst says
On October 14, the EIA announced the US only had 25 days left of reserve diesel supply as inventori…
Phil Rosen
White House says its capital-gains tax hike will hit only those earning above $1 million to fund childcare and education
Brian Deese, director of the National Economic Council, said the last president who moved to equali…
Juliana Kaplan,Joseph Zeballo…
Big meat companies are making your grocery trip more expensive, not inflation, a White House report says
Prices for beef, pork, and chicken have skyrocketed in recent months. The White House thinks it's c…
Bartie Scott,Andy Kiersz
The US will end its COVID-19 testing requirement for people flying into the country as early as Sunday
The White House announced the change Friday, and a senior administration official told CNN the deci…
Dominick Reuter
A capital-gains-tax hike probably won't affect the stock market, experts say, but wealthy Americans are reportedly scrambling anyway
Only 0.3% of filers would be hit by an increase in the capital-gains-tax rate, the White House said.
Juliana Kaplan
Nearly 600,000 student-loan borrowers no longer have to worry about 'getting lied to or cheated' after Biden wiped out their debt, a top Democrat says — and she thinks it's time to do the same for all borrowers
Sen. Patty Murray renewed her call for Biden to extend the student-loan payment pause through 2023 …
Ayelet Sheffey
As the White House lauds falling unemployment claims, a former Obama economist says benefits must stay in place to ensure a full recovery
The director of the National Economic Council said fiscal policy and vaccination helping the econom…
Juliana Kaplan
Jen Psaki says Biden 'believes that everyone should be held to the highest standard,' but Congress should decide its own stock-trading rules
Jen Psaki's comments come after Biden's economic advisor Brian Deese said a stock-trading ban for e…
Oma Seddiq,Bryan Metzger
Biden just released a plan to protect Americans' retirements and savings from the 2 main financial risks of the climate crisis
As the economy transitions away from carbon-focus infrastructure, Americans' investments could expe…
Ayelet Sheffey
10 major airlines have signed a letter warning of massive flight disruptions and supply-chain chaos as AT&T and Verizon plan to roll out 5G services
The carrier said the 5G services could disrupt multiple systems in widebody aircraft. The nations's…
Huileng Tan
Biden will ask the Dept. of Education on his first day to extend the pause on federal student loan payments through the end of September
President-elect Joe Biden will ask the Dept. of Education to extend the pause on federal student lo…
Ayelet Sheffey
Biden plans to sign executive orders boosting workers' rights and pushing for a $15 minimum wage for federal staff
Biden is set to sign an order on Friday ensuring that people can still claim unemployment benefits …
Grace Dean
Biden White House has majority-female staff, narrowed gender pay gap to 1%
The Biden administration released an analysis in its annual report required by Congress to detail t…
John L. Dorman
Verizon and AT&T agree to delay launch of 5G service near airports after airlines warned of massive flight disruptions
Verizon and AT&T will delay rolling out 5G near airports after major airlines said deploying the se…