Wall Street executives are pouring millions of dollars into the Republican primary race for Pennsylvania’s open U.S. Senate seat — where veteran physician Dr. Mehmet Oz and former Bridgewater CEO Dave McCormick lead in the polls — making the primary one of the most expensive in the 2022 midterm elections. During the first quarter, dozens of the men’s allies and …
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters Americans increasingly favor a wealth tax on the ultra-rich. But despite an uptick in proposals, these policies have struggled to gain traction. President Joe Biden in March unveiled the latest federal wealth tax proposal as part of his …
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images President Joe Biden released a framework for his $1.75 trillion spending package Thursday. And while it didn’t propose changes to the $10,000 cap on the federal deduction for …
Speaker of the House Nancy Pelosi (D-CA) holds a news conference in the U.S. Capitol Visitors Center on March 19, 2021 in Washington, DC. Chip Somodevilla | Getty Images The House of Representatives will return to Washington next week, setting up the latest test for President Joe Biden‘s sprawling economic agenda. House Speaker Nancy Pelosi, D-Calif., plans to hold a …
WASHINGTON — Republican Sen. Rand Paul and his wife had not bought or sold stock in an individual company in at least 10 years when Kelley Paul purchased shares of the drug company Gilead Sciences in early 2020. The purchase came early in the novel coronavirus’ initial wave through the United States — and one day after the first U.S. …
Sen. Kyrsten Sinema, D-Ariz., second from right, speaks at a news conference in Washington, D.C., on July 28, 2021. Stefani Reynolds | Bloomberg | Getty Images Retirement security I think retirement security is on their radar. Paul Richman Chief government and political affairs officer at the Insured Retirement Institute The bills would also lift caps on retirement income streams for …
U.S. Senate Majority Chuck Schumer (D-NY) looks up after reading a statement calling for the resignation of New York Governor Andrew Cuomo at the U.S. Capitol in Washington, August 3, 2021. Kevin Lamarque | Reuters Senators will resume a weekend session toward passage of a $1 trillion bipartisan infrastructure package after running into opposition from a few Republicans who want to drag …
Famous for gazing over eyeglasses worn on the end of his nose, Carl Levin seemed at ease wherever he went, whether attending a college football game back home in Michigan or taking on a multibillion-dollar corporation before cameras on Capitol Hill. Michigan’s longest-serving U.S. senator had a slightly rumpled, down-to-earth demeanor that helped him win over voters throughout his 36-year …
Senate Majority Leader Chuck Schumer, a Democrat from New York, speaks during a news conference at the U.S. Capitol in Washington, D.C., U.S., on Friday, May 28, 2021. Stefani Reynolds | Bloomberg | Getty Images WASHINGTON — Senate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a …
