Newsletter

  • U.S. Treasury Secretary Steven Mnuchin testifies to the Senate Banking, Housing and Urban Affairs Committee in Washington

    Treasury Secretary Mnuchin: My Tax Rate Went Up

    Treasury Secretary Steven Mnuchin told lawmakers Thursday that the Republican tax law affected his personal tax rate in 2018. “I personally pay taxes in New York and California and my tax rate did go...

  • Acting Secretary of Defense Patrick Shanahan gestures while speaking to members of the media aboard a military plane prior to his arrival at Andrews Air Force Base

    Acting Defense Secretary Defends ‘Slush Fund’ Account

    Testifying before Congress on Thursday for the first time since stepping into the top leadership role at the Pentagon, Acting Secretary of Defense Patrick Shanahan defended his department’s $718...

  • The U.S. Capitol Building is seen at sunset in Washington, U.S. May 17, 2017. REUTERS/Zach Gibson - RC1E8C8195C0

    Senate Delivers Sharp Rebuke to Trump on His National Emergency

    The Senate on Thursday delivered an extraordinary rebuke to President Trump, voting 59-41 to terminate his declaration of a national emergency at the southern border. The vote sets up a likely veto...

  • Democrats Take Aim at Capital Gains

    Sen. Tammy Baldwin (D-WI) and Rep. Bill Pascrell (D-NJ) reintroduced legislation Wednesday that would end a tax break on carried interest – the share of profits that hedge fund and private equity...

  • A Surprise Move for Prescription Drug Prices

    Prescription drug prices did something last month they haven’t done in 47 years: they went down. The monthly Consumer Price Index report released Tuesday showed a 1.0 percent decline in the price of...