Buffett's Berkshire Hathaway, which spent $31 billion on share repurchases in the year to June 30, would be hit by the proposed tax.
Biden recently reversed a Trump-era policy that prevented states from regulating abuses by student loan companies. Warren wants to go even further.
A key House progressive and several Senate Democrats including Bernie Sanders started lining up against Manchin.
The Urban Institute found boosting Supplemental Security Income would cut the poverty rate for low-income and disabled people by more than half.
Not only were 44% of children in poverty for 2 months in a row, but kids were more likely than any other group to experience chronic poverty.
In a statement to Insider, a spokesperson for Sherrod Brown said he was drafting a bill. Six million people are at eviction risk starting in two days.
Sherrod Brown isn't yet urging a renewal of the eviction ban, but his Senate colleague Dick Durbin disagrees. "I think they should," he told Insider.
Senate Democrats are pressing the IRS to overhaul its website for the poorest families so they can get monthly child tax credit payments.
An expert tells Insider the tax-agency's non-filer portal is inconvenient and unusable. It could set back Biden's agenda as "it's just really bad."
Making the monthly checks to parents from the stimulus permanent could collide into barriers in the Senate if Democrats decide to bypass the GOP.
Sen. Bernie Sanders is one of 38 Democrats calling for President Joe Biden to include changes to unemployment in his next economic package.
President Joe Biden is reportedly open to extending the current child tax credit - but he stopped short of pushing for it to become permanent.
The head of the Senate banking committee is calling on lenders for answers about the blow-up of private investment firm Archegos Capital.
Biden's stimulus is sending checks to American parents for a year, which should cut child poverty in half. Now 41 Senate Democrats say it's too short.
The House stimulus would give families a monthly check of $250 or $300 per child starting on July 1. Democrats will try to make it permanent.
The economy isn't yet ready to "take off" and most Americans still need fiscal support, the Senate Banking Committee Chairman said.
The SEC should overhaul plans that allow executives to schedule stock trades, three senators said Friday. The plans let insiders profit while leaving retail traders at a disadvantage, the lawmakers said. The flaws also risk undermining public confidence in markets, they added. Visit the Business section of Insider for more […]