Steven Dennis

The US Senate backed legislation that would bar certain Chinese biotech companies from receiving federal funding and prohibit American investments in sensitive Chinese industries late Thursday night.

The US Senate backed legislation that would bar certain Chinese biotech companies from receiving federal funding and prohibit American investments in sensitive Chinese industries late Thursday night.

US retailers are appealing to Congress for a new law allowing them to round purchases to the nearest nickel as new supplies of pennies dry up, according to a letter seen by Bloomberg.

When Ted Cruz’s strategy to defund the Affordable Care Act led to an epic government shutdown fight a dozen years ago, Democrats excoriated him as a villain. Now, they’ve adopted the same tactic, though with the opposite goal — preserving Affordable Care Act and other health-care subsidies.

White House economic adviser Stephen Miran’s nomination as a Federal Reserve governor has been scheduled for a Senate committee vote Wednesday, a move that will likely allow him to be confirmed by the full Senate before a pivotal vote on cutting interest rates next week.

Hi, it’s Cynthia and Steve. Robert F. Kennedy Jr. may be the one in the hot seat today as he prepares to defend his health record in front of the Senate Finance Committee. But there’s actually a different politician in the room who’s even more crucial to watch. More on that in a moment, but first ...

House Republicans aim to get the Senate’s landmark stablecoin legislation — known as the Genius Act — to President Donald Trump’s desk for signature as soon as the week of July 7, according to people with direct knowledge of the strategy.

A Republican effort to block US states from enforcing new artificial intelligence regulations will remain in President Donald Trump’s massive tax and spending package for now, marking a win for tech companies pushing to stall and override dozens of AI safety laws across the country.

Senate Republicans are crafting provisions to provide funding for struggling rural hospitals in order to resolve an impasse on Medicaid changes that is one issue holding up passage of President Donald Trump’s tax-cut bill.

The US Senate passed stablecoin legislation setting up regulatory rules for cryptocurrencies pegged to the dollar, in a landmark win for the ascendant crypto industry and President Donald Trump.