Latest from Jeff Stein

Senate Democrats eyeing roughly $6 trillion reconciliation package on infrastructure, healthcare and climate change

The move would allow Democrats to advance some of their most ambitious and controversial spending and tax plans through the Senate using 51 votes, rather than the usual 60. It comes as Democratic and Republican negotiators close in on a bipartisan infrastructure deal, as President Biden has sought, though the compromise is expected to leave out many of the White House’s priorities.
  • Jun 17, 2021

Yellen carefully navigates inflation test, challenging skeptics one more time

She has broken barriers at the Federal Reserve and Treasury Department, and now she confronts an economy with little precedent.
  • Jun 17, 2021

Fed estimates inflation will grow faster than projected just 3 months ago and moves up expectations for rate hike

The latest projections come as the central bank wrestles with when to pull back on its support for the financial markets
  • Jun 16, 2021

Gore pressed Biden to stick with climate plans as liberals fear White House is softening its agenda

The president and former vice president had a private phone call amid concerns the White House might strip climate measures from infrastructure deal.
  • Jun 10, 2021

Amazon successfully presses to leave consumer protections out of Senate China bill

Senators stripped a measure intended to protect consumers from counterfeit and dangerous items sold online after aggressive Amazon lobbying.
  • Jun 9, 2021

G-7 countries reach agreement on 15 percent minimum global tax rate

The deal was announced Saturday morning.
  • Jun 5, 2021

Biden says it ‘makes sense’ for enhanced jobless aid to end in September

Biden says it “makes sense” for enhanced benefits to end in September after many GOP governors have taken steps to halt the aid more quickly.
  • Jun 4, 2021

Jobs report fuels partisan fighting over White House economic agenda, infrastructure

President Biden called the job gains in the report “historic progress," but Republicans say his proposals are slowing the recovery.
  • Jun 4, 2021

Biden privately called Lawrence Summers, a critic of White House agenda, to discuss economy

Biden recently phoned the former treasury secretary to acknowledge his concerns and ask him to explain his objections
  • Jun 3, 2021

Biden budget expects hot — but not overheating — economy heading into 2022 midterm elections

The White House projects the unemployment rate to continue falling but inflation to remain under control despite recent nervousness.
  • May 28, 2021
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