Government News

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

An aerial view shows a flooded community in New Port Richey, Florida, on August 30, 2023, after Hurricane Idalia made landfall earlier in the day. Idalia slammed into northwest Florida as an "extremely dangerous" Category 3 storm early Wednesday, buffeting coastal communities with cascades of water as officials warned of "catastrophic" flooding in parts of the southern US state

FEMA Has $3.4 Billion To Respond To Disasters. Will It Be Enough?

Published Aug 30, 2023

FDIC Headquarters in Washington, D.C.

US Regulators Unveil New Rules Targeting Regional Banks

Published Aug 30, 2023

A woman consulting with a pharmacist

Medicare Negotiations Could Make These 10 Drugs Cheaper By 2026

Published Aug 29, 2023

Corridor in a medical center is empty.

These Are The States Kicking The Most People Off Medicaid

Published Aug 28, 2023

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra

Credit Repair Companies Reach $2.7 Billion Settlement With CFPB

Kathleen Marshall

Published Aug 28, 2023

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In an aerial view, burned cars and homes are seen in a neighborhood that was destroyed by a wildfire on August 18, 2023 in Lahaina, Hawaii. At least 111 people were killed and thousands were displaced after a wind driven wildfire devastated the towns of Lahaina and Kula early last week. Crews are continuing to search for missing people.

IRS Offers Tax Deadline Relief To Maui Disaster Zone Residents

Published Aug 21, 2023

President Joe Biden delivers remarks on the first anniversary of the Inflation Reduction Act in the East Room at the White House on August 16, 2023 in Washington, DC. The Inflation Reduction Act aims to curb inflation by reducing the federal government budget deficit, lowering prescription drug prices, and investing into clean domestic energy programs.

A Year Later, the Inflation Reduction Act Likely Hasn’t Reduced Inflation—But Give It Time

Published Aug 17, 2023

A man holding paperwork and talking on the phone

IRS Touts Improvements In Customer Service A Year After It Received Funding Boost

Published Aug 16, 2023

College student on college campus walking and looking at smart phone holding laptop.

Biden Legal Victory Cleared The Way For Student Loan Forgiveness For 804,000 Borrowers

Published Aug 16, 2023

U.S. President Joe Biden speaks at the George E. Wahlen Department of Veterans Affairs Medical Center on August 10, 2023 in Salt Lake City, Utah.

AI Drones and Quantum Sensors: Why Biden Is Cracking Down on Tech Investment in China

Published Aug 12, 2023

Purdue Pharma headquarters stands in downtown Stamford, April 2, 2019 in Stamford, Connecticut.

Supreme Court Will Decide Fate Of Purdue Opioid Crisis Settlement

Published Aug 10, 2023

Woman doing bills with toddler on her lap

Conservative Groups’ Lawsuit Could Stop Student Loan Relief Even if It Loses

Published Aug 09, 2023

Federal Hall and Wall Street with statue of George Washington

Texting Employees Cost Wall Street Firms $549M In Fines For Recordkeeping Rules Violation

Updated Aug 08, 2023

Margaret Moore, an IRS clerk, searches through taxpayer documents that have been stored in the IRS cafeteria due to a lack of space at the Internal Revenue Service in Austin, Tx., on Friday, June 10, 2022.

The IRS Has Declared War on Paperwork

Published Aug 02, 2023

Renewable energy

Federal Subsidies for Renewable Energy More Than Doubled Since 2016

Published Aug 02, 2023

White House Press Secretary Karine Jean-Pierre speaks during the daily briefing in the Brady Press Briefing Room of the White House in Washington, DC, on July 27, 2023.

Fitch Catches Flak For Oddly-Timed U.S. Credit Downgrade

Updated Aug 03, 2023

South Korean President Yoon Suk-yeol delivers remarks to a joint meeting of Congress in the House Chamber of the U.S. Capitol on April 27, 2023 in Washington, DC.

Congressional Stock Trading Ban Proposed Amid High Public Support

Published Jul 31, 2023

Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg speaks during a hearing with the Senate Banking Committee on Capitol Hill on May 18, 2023 in Washington, DC.

How Will New Capital Requirement Rules Ensure Bank Stability?

Updated Jul 28, 2023

FDIC Chair Martin Gruenberg and Fed Vice Chair for Banking Supervision Michael Barr

FDIC's New Capital Proposal Could Crimp Dividends and Buybacks for Big Banks

Published Jul 27, 2023

U.S. Securities and Exchange Commission (SEC) Seal

SEC's New Rules Target Algorithms and Gamification Tools That Encourage Trading

Published Jul 26, 2023

The Federal Reserve building in Washington, D.C.

In a Bid to Finish Off Inflation, Fed Raises Interest Rate to 22-Year High

Updated Jul 26, 2023

FDIC Headquarters

Some Banks Are Underreporting Uninsured Deposits, FDIC Says

Published Jul 25, 2023

FTC Chair Lina Khan

FTC Chair Lina Khan Suggests Big Tech Crackdown Could Continue, Despite Setbacks

Published Jul 24, 2023

A flag with the seal of the Treasury Department flies outside the headquarters of the Internal Revenue Service on April 07, 2023 in Washington, DC.

IRS To Stop Unannounced Home and Business Visits On Security and Fraud Concerns

Kathleen Marshall

Published Jul 24, 2023

United States Secretary of the Treasury Janet Yellen speaks onstage during the 2023 ESSENCE Festival Of CultureÃ¢ÂÂ¢ at Ernest N. Morial Convention Center on June 30, 2023 in New Orleans, Louisiana.

Treasury Secretary Yellen Talks Up Vietnam as a Vital Supply Chain Link

Published Jul 21, 2023

U.S. President Joe Biden

Biden Forms a New Working Group to Explore Ways to End Debt Ceiling Standoffs

Published Jul 21, 2023

U.S. President Joe Biden delivers remarks alongside first lady Jill Biden and Vice President Kamala Harris at the Congressional Picnic on the South Lawn of the White House on July 19, 2023 in Washington, DC.

AI Companies Agree To White House Security, Transparency Measures

Published Jul 21, 2023

Federal Reserve

Banks Offer Nearly Instant Payments With New Fed-Built Payment Service

Kathleen Marshall

Published Jul 20, 2023

FTC Chair Lina Khan

FTC and DOJ Propose Tougher Antitrust Rules For M&As

Published Jul 19, 2023

Johnson & Johnson

J&J Is Latest Drug Maker to Sue Over Medicare Price Rules

Published Jul 18, 2023

Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before the Senate Banking, Housing, and Urban Affairs Committee, on Capitol Hill, September 15, 2022 in Washington, DC.

SEC Chair Issues Warning To Companies Touting AI Opportunities

Published Jul 18, 2023

Vehicles move along the The New Jersey Turnpike Way while a Factory emits smoke

US Providing $20 Billion in Grants to Help Cut Greenhouse Gas Emissions

Published Jul 14, 2023

Opill

FDA Approves First-Ever OTC Birth Control Pill

Published Jul 13, 2023

The Federal Reserve Building in Washington.

Inflation Hawk Bullard Steps Down From Fed

Published Jul 13, 2023

An attorney with the Federal Trade Commission (FTC) carries an XBOX game console box.

FTC To Appeal Court Decision Allowing Microsoft-Activision Mega Deal

Fatima Attarwala

Published Jul 13, 2023

Gary Gensler sits in a committee hearing

SEC Makes Sweeping Money Market Fund Reforms To Strengthen Liquidity

Published Jul 13, 2023

A Bank of America branch stands in Manhattan on March 15, 2023 in New York City.

Bank of America to Pay $150 Million in Fines for Bad Consumer Practices

Published Jul 11, 2023

US Treasury Secretary Janet Yellen shakes hands with Chinese Vice Premier He Lifeng during a meeting in Beijing in front of a Chinese flag and an American flag.

Janet Yellen Calls China Trip "Step Forward" in Improving Relations

Published Jul 09, 2023

Uber Eats courier

Uber Eats, GrubHub, DoorDash Sue NYC Over New Minimum Wage Law

Published Jul 07, 2023

President Joe Biden

Biden Administration Cracks Down on 'Junk' Insurance Plans

Kathleen Marshall

Published Jul 07, 2023

Sign on Doorway for the Federal Trade Commission in Washington D.C.

Federal Watchdog Proposes New Rules to Ban Fake Online Reviews

Published Jun 30, 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.

Despite Supreme Court Ruling, Calls Remain for Student Loan Debt Relief

Published Jun 30, 2023

The Supreme Court building, centered under a blue sky with some scattered clouds.

Supreme Court Strikes Down Biden’s Student Loan Forgiveness

Published Jun 30, 2023

President Biden

Biden Administration Launches $42 Billion Investment in High-Speed Internet

Published Jun 26, 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 Rules In Favor of Coinbase, Strengthening Arbitration

Published Jun 23, 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.

Congress, Regulators Seek To Tighten Screws on Oversight of U.S. Banks

Published Jun 23, 2023

Sign on Doorway for the Federal Trade Commission in Washington D.C. in raised lettering

FTC Urges Court To Overturn Ruling It Says Enables ‘Whites Only’ Signs

Published Jun 22, 2023

U.S. President Joe Biden holds a meeting with his science and technology advisors at the White House.

Biden Talks to AI Researchers as Public Support for Regulation Grows

Published Jun 20, 2023

International Monetary Fund (IMF) headquarters in Washington

IMF Developing a Platform for Central Bank Digital Currencies

Fatima Attarwala

Published Jun 20, 2023

The Federal Reserve building in Washington DC

Federal Reserve Hits 'Pause' On Campaign of Anti-Inflation Rate Hikes

Updated Jun 14, 2023

Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. The Federal Reserve announced a 0.25 percentage point interest rate increase bringing the key federal funds rate to more than 5%, a 16-year high.

Fed Watchers Expect Rate Hike Pause Next Week

Published Jun 07, 2023

Pedestrians walk by a First Republic bank on April 26, 2023 in San Francisco, California. Shares of San Francisco-based bank First Republic continue to fall as the New York Stock Exchange halted trading of the stock at least a dozen times on Wednesday following the company's earnings report that showed its clients had withdrew more than 40% of deposits in the first quarter following the collapse of Silicon Valley Bank.

Government Could Reportedly Raise Bank Capital Requirements 20%

Published Jun 05, 2023

President Joe Biden

Biden Signs Bill Ending Debt Limit Showdown

Published Jun 03, 2023

U.S. Senate Majority Leader Chuck Schumer

Senate Passes Debt Ceiling Deal, Averting Default Crisis

Published Jun 02, 2023

xterior 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 Ruling Makes it Harder to Sue Over Direct Listing Stock Offerings

Published Jun 01, 2023

U.S. Speaker of the House Kevin McCarthy (R-CA) speaks to reporters as he walks off the floor of the House Chambers on May 31, 2023 in Washington, DC

House Passes Debt Ceiling Bill, Defusing Default Crisis

Published Jun 01, 2023

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

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

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