Pelosi Declines to Hold Saturday Vote on Smaller Bill to Expand Unemployment Benefits

The House speaker said it could undercut negotiations on other Democratic funding priorities.

Senate Adjourns Through Labor Day Without Reaching Coronavirus Relief Deal

Mitch McConnell said that if an agreement is reached while the Senate is adjourned, they will come back to vote

The Capital Note: Individual Investors, Inflation & the Invisible Hand

The Role of Robinhood, Inflation-Adjusted Capital-Gains Taxes, Shakespeare’s Influence on Adam Smith, and more.

Senate Republicans Criticize GOP’s Own Coronavirus Relief Bill: ‘We Have Unity in Disagreement’

Senate Republicans criticized their party’s own coronavirus relief bill in public comments and during a private lunch with Senate GOP

Biden Unveils $2 Trillion Climate Plan

The new plan dramatically accelerates Biden’s initial promises to devote $1.7 billion to green spending over 10 years.

L.A. to Slash Police Budget up to $150 Million in Order to ‘Invest’ in Communities of Color

The mayor said cuts would be made “to every department, including the Police Department, because we all have to be

China Warns U.S. Pushing to ‘Brink of New Cold War’ with Coronavirus Accusations

Continuing trade negotiations have been threatened as the two countries trade barbs over the coronavirus pandemic.

Lindsey Graham: ‘This Is the Time’ to Push for Infrastructure Bill

“It really is a once-in-a-lifetime opportunity to give a facelift to the country” Graham said regarding the bill.

Three Million Workers File for Unemployment in Past Week, Bringing Crisis Total to 36 Million

Some 21.8 percent of the U.S. workforce is now unemployed, due to mass business closures imposed to mitigate the spread

Top Senate Republicans Dismiss Trump’s Tax-Cut Wishes

The president tweeted on Tuesday that “Payroll Taxes, and perhaps Capital Gains Taxes, must be put on the table.”

California Becomes First State to Tap Into Federal Funding to Pay Rising Unemployment

On Monday the state began to access its pre-approved $10 billion loan for paying unemployment through the end of July.

McConnell Says It’s ‘Highly Likely’ That Next Coronavirus Relief Bill Will Include Funding for States and Cities

The majority leader said that Republicans “will proudly insist” that the next relief bill include liability protections.

Mnuchin Considers Lending Program for Oil Companies to Offset Effects of Pandemic, Supply Glut

Oil prices have collapsed during the pandemic, with decreased demand bringing U.S. crude prices below zero earlier this week.

Federal Reserve to Inject $1.5 Trillion into Markets to Offset Economic Impact of Coronavirus

The Federal Reserve on Thursday announced it would inject $1.5 trillion into short-term markets to offset the economic impact of

Michael Avenatti Found Guilty on All Counts in Nike Extortion Trial

Attorney Michael Avenatti was found guilty on all counts in his Nike extortion trial on Friday and faces a sentence