Treasury Secretary Janet Yellen

His Agenda Unraveling, Biden Begs GOP to ‘Get Out of the Way’

President Joe Biden on Monday told Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit on their own, hoping to keep the U.S. government from coming dangerously close to a credit default as Senate Republican Leader Mitch McConnell refuses to lend his party’s help.

Biden’s Wrecking Ball for Financial Privacy

The Biden administration is seeking to compel banks to report to the IRS any bank account with more than $600 in transactions per year. This proposal is a linchpin of Biden’s American Families Plan, and will supposedly help generate almost $500 billion in federal revenue over the next decade.

Pandemic unemployment benefits end for 7M Americans on Labor Day

The expiration of jobless benefits could fuel a sharp spending pullback.

Red states leading US economic recovery from the coronavirus pandemic

States with Republican governors are leading the U.S. economic recovery from the coronavirus pandemic, while those run by Democrats – which tended to impose lengthier and stricter lockdowns on businesses – are faced with significantly higher unemployment rates. 

US Treasury Freezes Billions In Afghan Reserves, Depriving Taliban Of Cash

After handing the Taliban US-supplied military hardware on a silver platter thanks to the botched Afghanistan withdrawal, the Biden administration scrambled to deprive the terrorist organization of funding - freezing Afghan government reserves held in US bank accounts, and blocking the Taliban from accessing billions of dollars held in US institutions, according to the Washington Post, citing two people familiar with the matter.

Republicans Tell Democrats to Go It Alone on Debt Ceiling

Forty-six Republican senators issued a stern warning to Democrats that they will not vote for an increase in the debt ceiling, a move that could raise the risk of the U.S. Treasury defaulting on its obligations as soon as next month.

Congress misses key debt-ceiling deadline: What that means, what happens next

Lawmakers missed deadline to extend 2-year suspension of debt ceiling.

Milton Friedman’s Revenge

Column: The specter of inflation haunts Joe Biden’s presidency

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