BUSINESS

The White House on Friday defended three Democratic board members at the Federal Deposit Insurance Corp. who moved to wrest control away from the banking agency’s Republican chairman — a…

In May of 2021, the Biden administration’s Covid-19 vaccination campaign was humming. The U.S. had already more than doubled the White House’s goal of distributing 100 million shots and had…

Federal Reserve Chair Jerome Powell will tell lawmakers Tuesday that the Omicron variant of the coronavirus could slow the recovery in the U.S. job market and prolong supply chain disruptions…

U.S. consumer prices raced ahead in November at the fastest pace in 39 years, dealing a potential setback to President Joe Biden’s spending plans and giving Republicans more ammunition against…

Sen. Joe Manchin (D-W.Va.) sharply criticized a proposal to force banks to report more account information to the IRS, making it much more likely that Democrats will have to drop…

Ron Wyden played sparingly during his college basketball career. Now he’s throwing up a bank shot as time winds down. The Senate Finance chair is suddenly in the toughest position…

The Senate’s top tax writer unveiled plans to create a special new tax on the uber wealthy that he hopes Democrats will use to help pay for their next big…

President Joe Biden said Tuesday he intends to announce his nominees to the Federal Reserve board “fairly quickly” but declined to say whether he will replace Fed Chair Jerome Powell.…

The longtime head of one of Washington’s biggest bank lobbying groups is stepping down. Richard Hunt, who has led the Consumer Bankers Association since June 200

NEW YORK — The stock market is soaring. Company and household bottom lines look strong. Yet corporate executives across the U.S. are obsessing over inflation — and some think the…