Nancy Pelosi Wears a Distinctive Pin—Here’s What It Means
Speaker of the House Nancy Pelosi often wears a distinctive pin for notable Congressional occasions. Here's what the pin symbolizes.
U.S. Economy & Politics
News about policies and legislation affecting the financial world, from changes to the tax code, economic stimulus packages, and government programs that affect everything from the stock market to personal finance.
What Is Representative Ilhan Omar’s Background and Net Worth?
Representative Ilhan Omar, one of the first Muslim women elected to Congress, has a significant net worth, although $3 million is just an estimate.
A Government Shutdown Won't Affect Military Retirement Pay
If you’re a U.S. military retiree, rest assured. A government shutdown probably won’t affect your military retirement pay.
Should Investors Sell or Hold Stocks Before a Government Shutdown?
A potential government shutdown looms, and investors are wondering whether it's a good time to sell or hold. Here's what you can expect.
Who Is Affected If the U.S. Government Shuts Down? Real Implications
A potential government shutdown—and the first since the COVID-19 pandemic—looms. What are the side effects for Americans?
Two Regional Fed Presidents Are Retiring—Who Will Replace Them?
Two major Fed officials are retiring following an inquiry into their personal portfolios of individual stocks. Who will take their places?
Why the Federal Government Is Buying Bonds—Short Answer, Explained
Since March 2020, the Federal Reserve Bank has been buying $120 billion in bonds each month. Why is the Fed buying bonds?
Former House Majority Leader Eric Cantor Has Over $4.5M Net Worth
Former House Majority Leader Eric Cantor’s net worth ranges between $4.5 million and $6.8 million depending on what source you look at.
Inflation Is Good Sometimes—But Who Is It Good For?
Experts say there are times when inflation can benefit the economy, but who is it good for? Here's a look at all things inflation and what you can expect.
Who Borrowed From Social Security? U.S. Treasury Bonds, Explained
Who borrowed from Social Security? Learn how the U.S. Congress can borrow from the Social Security surplus by way of U.S. Treasury bonds.
Is Taxing the Rich Bad? Progressive Taxation, Wealth Tax Explained
With the growing wealth inequality, many people have been calling for more taxes on the wealthy. Is taxing the rich a bad idea?
What Happens to Bond Prices If Interest Rates Rise?
With the Fed's meeting coming up, investors want to know how it will impact markets. Also, what happens to bond prices if interest rates rise?
Is Narendra Modi Going To Win the 2024 Indian General Election?
Indian PM Narendra Modi, turning 71 on Sep. 17, 2021, is set to run again in India's next general election in 2024. Is Modi going to win?
Members of Congress Must Pay Income Taxes Like All Other U.S. Citizens
Do congressmen and congresswomen pay taxes? Yes—it’s a myth that representatives and senators are exempt from income tax.
U.S. Economic Recovery Faces Challenge, Unemployment Benefits Expire
Unemployment benefits due to the COVID-19 pandemic have ended for millions of Americans. Investors want to know if the U.S. economy will crash in 2021.
Does the Federal Reserve Pay Taxes? No, and Here's Why
The Federal Reserve, which oversees fiscal policies for the U.S. through 12 regional Federal Reserve Banks, doesn't pay taxes to the U.S. government.
What Happens When Social Security Runs Out?
Millennials have heard their entire lives that they might not have access to social security benefits when they retire. What really happens when social security runs out?
What Deal Did Trump Make With the Taliban? Details, Explained
President Joe Biden said that his hands were tied by the agreement former President Trump made with the Taliban last year to withdraw U.S. troops..
How Many Evictions Are Pending? Supreme Court Allows Evictions to Resume
The U.S. Supreme Court is allowing evictions to resume across the country. What does that mean for landlords and tenants?
Chicken Wing Shortage: COVID-19 and Rising Demand Impact Supplies
The COVID-19 pandemic and the rising demand for chicken have resulted in wing shortages across the U.S. When will the chicken wings shortage end?