Government News
Stay up to date on government, politics, and public policy news that may impact markets and the investing public.
![The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.](https://www.investopedia.com/thmb/BRxHDgmrpxWZIE0DfcBISOJR7wQ=/4992x3328/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1137410599-27899a879c9b470aba0c43f8790870ad.jpg)
IRS Raises 401(k) Contribution Limit To $23,000
![The US Treasury Department building is seen in Washington, DC, January 19, 2023.](https://www.investopedia.com/thmb/hdR3QDIgHQyKKo7A9ZrXkbYqGDg=/7663x5109/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1246358393-08059037980a4069822d13357ad86b0d.jpg)
Treasury Announced How Many Bonds It Will Sell in the Months Ahead—Why You Should Care
![US President Joe Biden speaks during an event in the East Room of the White House in Washington, DC, US, on Monday, Oct. 30, 2023.](https://www.investopedia.com/thmb/oU4JIiEBDMAPXm198fUJkIw7-RA=/4901x3267/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1754279377-e1078bfe315348b9aefb081bd29e9663.jpg)
Biden Rule Would Make Your Retirement Advisor Work For You—Not For Commission
![U.S. President Joe Biden at the White House.](https://www.investopedia.com/thmb/Vbbzr4HLWbHSqv8ZzMDhTMdK930=/3600x2400/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-17454359101-9633fce2cff94cd087d76ddbb5b077bc.jpg)
Biden's AI Exec Order Seeks New Laws, Requests Safeguards From Tech Companies
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Biden Administration Punishes Student Loan Servicer MOHELA for Errors
Explore Government News
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UN Launches Advisory Body to Boost International Cooperation on AI Governance
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New Labor Rule Boosts Union Ability To Organize Contractors and Franchise Workers
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Biden Bolsters Home Energy Assistance Program to Help With Winter Heating Bills
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New Federal Rule Restricts Colleges Withholding Transcripts For Unpaid Debt
![U.S. President Joe Biden and Secretary of Commerce Gina Raimondo at the White House.](https://www.investopedia.com/thmb/-irFI75w__ILtv3F0hUu8MUf_rU=/6000x4000/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1242401869-2c56cc7c00c04f4eba2021aa41c61177.jpg)
Biden Names 31 Regional Tech Hubs To Create Jobs in Rural, Underserved Communities
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China Restricts Exports of Graphite, Key Mineral Used for Making EV Batteries
![Federal Reserve Chair Jerome Powell speaks at a lunch hosted by the Economic Club of New York at the Hilton Hotel on October 19, 2023 in New York City.](https://www.investopedia.com/thmb/RdLvIM_9P30WOy-4XCeaHH0IGMo=/1024x666/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1744890180-70c97bb6f0184d96bb3aac83605eed7f.jpg)
Powell Leaves Door Open For a Rate Increase
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Regulators Are Making it Easier to Break Up With Your Bank
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Treasury Auction Results Show Lagging Demand for Bonds
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TransUnion Agrees To Pay $23 Million to Federal Regulators
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Surprised By 'Junk' Fees On Bills? They May Go Away Soon
![Nissan and Volkswagen electric cars sit parked at a Charge Point EV charging station on July 28, 2023 in Corte Madera, California.](https://www.investopedia.com/thmb/uZApYrXlRyswCt76jNVQarBA6KI=/6000x4000/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1576819408-7c30ef9744484064af8522a07b083b5b.jpg)
Treasury, IRS Release Tax-Incentive Guidelines to Boost EV Sales
![Mary Daly](https://www.investopedia.com/thmb/a6HjAhdcRytFNMbhZHP1SmA984c=/4000x2668/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1708735223-594786508840425fbfbc8a4e4db272a6.jpg)
Bond Yield Rise Shows Interest Rates Sufficiently High for Now: Fed's Daly
![Joe Biden Press Conference: 06/30/2023](https://www.investopedia.com/thmb/IPk3vjV8GQWZ-ruGtoJwzAN8mmo=/5902x3935/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1506005898-ea01efbbcbdf4898aa98beadadc9ded0.jpg)
Biden Administration Earmarks Additional $9B in Student Loan Relief for 125,000 Borrowers
![U.S. Speaker of the House Kevin McCarthy (R-CA) speaks to members of the media at the U.S. Capitol on May 24, 2023 in Washington, DC.](https://www.investopedia.com/thmb/_1rFPIJ6BsfE6rhwgq9O2ohDEOc=/6000x4000/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1492945307-6c67acea77a04512a2cad89b46889540.jpg)
After Budget Fight, House Ousts McCarthy As Speaker
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Payday Lenders Take Their Shot At Bringing Down The CFPB In The Supreme Court
![US President Joe Biden leaves after he delivered remarks on the bipartisan bill to fund the government, in the Roosevelt Room of the White House on Oct. 1, 2023](https://www.investopedia.com/thmb/QCfHG6hxY45R202Sb1mL0SznXUM=/6000x4000/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1711718471-0a79219eb84a431fb84a2150da522a6a.jpg)
Unpacking the Short-Term Funding Bill That Averted a Shutdown
![U.S. Speaker of the House Rep. Kevin McCarthy (R-CA) speaks to members of the press at the U.S. Capitol.](https://www.investopedia.com/thmb/_YDJ9V-fvo6PpTEZ9XvNDtPm7tg=/4313x2875/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1695599054-be9a1a5d82dc42738a6295039e182de2.jpg)
Congress Passed a Bill to Avert a Shutdown
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Student Loan Payments Are Restarting Sunday. They’re Nothing Like You Remember
![A student walks through Stanford University's Main Quad in Stanford, California on March 23, 2023.](https://www.investopedia.com/thmb/fNd9bVwlqOXrmHOvWKAHGAN1Ct8=/4000x2661/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1501991915-380ad35846204a63979fbed57e6dda97.jpg)
How Student Loan Borrowers Ended Up In a $1.5 Trillion Hole
![Demonstrators display signs of protest outside the U.S. Supreme Court, on Friday, June 30, 2023. The Court ruled against the Biden administration's plan for student loan forgiveness.](https://www.investopedia.com/thmb/8Z9kwz2YZxhGWh1KzaxMdO-OyTg=/5000x3332/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1376354063-7d484bd4a561458ab6220f479679d7e4.jpg)
Biden's 'Plan B' On Loan Forgiveness Is Beginning to Take Shape
![A worker in the drive-through of a Wendy's fast food restaurant in Pinole, California, US.](https://www.investopedia.com/thmb/wGAxxyjh5vJzYDhY7qyxn78QENk=/4000x2666/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1240901623-235ca48d9c3a4bcd9d4ea3ce0bfa5fcd.jpg)
California Raises Minimum Wage for Fast-Food Workers to $20 per Hour
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SEC Fines Interactive Brokers, Baird Among Other Wall Street Firms in Texting Probe
![The University of Virginia campus is seen on October 12, 2022 in Charlottesville, Virginia.](https://www.investopedia.com/thmb/v7lqR8bPPHmoqmQUfnIiBucsraQ=/3299x2316/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1244775734-0d118a1650504023a5e94827f63923c4.jpg)
Some Student Loan Borrowers Are Surprised at New Repayment Plan Savings
![Speaker of the House Kevin McCarthy (R-CA) pauses to talk to reporters as he heads to the House Chamber for a vote at the U.S. Capitol on September 27, 2023 in Washington, DC. McCarthy continues to look for a legislative path that would prevent the federal government from partially shutting down at midnight on September 30 while also preserving his speakership.](https://www.investopedia.com/thmb/7OjFSRjixuUOfp0-BjCcjB3QbGo=/5748x3832/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1704764688-ce65df8e20d747d39fe6618ab7e3b61e.jpg)
Federal Furloughs and Lower GDP Loom With No Shutdown Deal In Sight
![U.S. President Joe Biden speaks as Miguel Cardona, U.S. secretary of education, right, listens in the Eisenhower Executive Office Building in Washington, D.C., on Oct. 17, 2022](https://www.investopedia.com/thmb/pSlg8pMSuTI9RAGzurcfvjeZLPc=/4811x3202/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1244044254-4302f0d4abb94c188e5c468bc79ded4e.jpg)
New Repayment Plans Could Be Saving Grace for Stretched Student Loan Borrowers
![The Supreme Court of the United States building is seen in Washington D.C., United States on September 24, 2023.](https://www.investopedia.com/thmb/drWuvSdJ0if_QPyjC3qAUR0I7Kk=/1024x683/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1688613076-c5215ce076214c679653b8fefd03ac26.jpg)
Here Are Five Financial Cases the Supreme Court Will Hear This Session
![Deutsche Bank logo](https://www.investopedia.com/thmb/l-qEsolLZha_tHc_NgAN5f2xGS4=/7575x5050/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1246737866-197d011e8a8e4285856dc8d9a63c7c95.jpg)
SEC Fines Deutsche Bank Subsidiary $19 Million for Misstating ESG Objectives
![Speaker of the House swearing in new members of the US Congress](https://www.investopedia.com/thmb/RB5lVh0f7LZ0L-v-QvqA447AaHI=/3000x1882/filters:no_upscale():max_bytes(150000):strip_icc()/housesession-56e1eccf5f9b5854a9f89a79.jpg)
Here's How a Government Shutdown Would Hurt The Economy
![U.S. President Joe Biden delivers remarks on developing infrastructure jobs in the East Room of the White House on November 2, 2022 in Washington, DC. Biden highlighted his administration's efforts to train Americans for jobs in broadband, construction, and manufacturing following the passages of the Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act.](https://www.investopedia.com/thmb/nO1kxjrT3X3L7tSIBbiPbUFuuOw=/5088x3392/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1244434656-78418314f40f4691878114a454ad80d9.jpg)
U.S. Sets Rules on Chips Act Funding, Clearing the Way for Distribution
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Education Department Forgives $37 Million in Debt for University of Phoenix Students
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US National Debt Crosses $33 Trillion Mark As Shutdown Looms
![People sit on a bench outside an Apple Store in Beijing, China.](https://www.investopedia.com/thmb/91y-Hhv6Dp0oNKZY5WQQCXrE9-Y=/5701x3934/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-14830756941-3de19ed6b8ec479c86e520235ee31237.jpg)
China's Real Aim In Move Against iPhones: Sending a Message
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Should You Buy Education In Installments? Beware of Risks, Watchdog Says
![President Biden Signs Inflation Reduction Act Into Law](https://www.investopedia.com/thmb/3kELGnWhw9gsK74rZYkGeY6N7Xc=/1500x1000/filters:no_upscale():max_bytes(150000):strip_icc()/BidenSignsInflationReductionAct-743853faa4eb4c5da44ec9773235f0c5.jpg)
Inflation Reduction Act is Accelerating Reductions in CO2 Emissions, New Report Shows
![Sherrod Brown (D-OH) appears in a pre taped interview on "Meet the Press" in Washington, D.C. Thursday, June 22, 2023](https://www.investopedia.com/thmb/v3KC3BNfxSD4WqQITy-a7C2z0b0=/3000x2000/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1528412675-4491656469e9423fa717e5b3d58b03c7.jpg)
Senators Introduce Bill To End Saving Penalty For People With Disabilities
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Child Poverty Doubled In 2022 After Key Pandemic Aid Expired
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Nvidia, Adobe Among Companies Joining White House AI Standards Agreement
![A woman rides a bike near a First Republic Bank branch on June 01, 2023 in New York City. JPMorgan Chase & Co. will shut 21 branches of First Republic Bank by the end of the year, the locations account for about a quarter of First Republics branches across eight states.](https://www.investopedia.com/thmb/I9cWPUiha1B-kzJG7FESgTHB8PQ=/3500x2333/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1495191906-38f8c68a74644a7d96cc14f9632c3fcc.jpg)
FDIC Says It Fell Short Supervising Failed First Republic Bank
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G20 Leaders Reach Agreement on Joint Communique at Delhi Summit
![The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.](https://www.investopedia.com/thmb/BRxHDgmrpxWZIE0DfcBISOJR7wQ=/4992x3328/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1137410599-27899a879c9b470aba0c43f8790870ad.jpg)
IRS Goes After Millionaires, Big Businesses that Owe Millions in Back Taxes
![The TurboTax website on a smartphone in an arranged photograph in Hastings-on-Hudson, New York, U.S., on Friday Sept. 3, 2021.](https://www.investopedia.com/thmb/zgS0g7dSv6rxlWwHSUSk8ckJTkk=/3145x2099/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1235036577-86fc95cefb754e289b0aebdee23e66a3.jpg)
Those TurboTax 'Free Free Free' Tax Filing Ads Were Misleading, Judge Rules
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War in Ukraine and Crypto Could Take Spotlight at G20 Summit Discussions
![Bank teller counting cash for client at bank branch counter](https://www.investopedia.com/thmb/YNu2QPzSxy3s-IqcyLI_8eAabqQ=/6720x4480/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1450379332-36daa40d961c4cf5af291b7a99d85fb1.jpg)
Bank Deposits Fell for Fifth Straight Quarter in Q2
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The U.S. Government's Influence Over Oil Prices Is Waning
![A young man using a laptop](https://www.investopedia.com/thmb/XgOjcIX8Fu4h8DnKKjxnjGfJfck=/6720x4480/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1126799745-e1b58e1f8f7e47088defaa2a5e6b39d3.jpg)
More Than 4 Million Student Loan Borrowers Enrolled In New SAVE Repayment Plan
![Latino woman looking at laptop](https://www.investopedia.com/thmb/DpHsmmygVPcyrwqYjgR4chrjfa0=/7455x5080/filters:no_upscale():max_bytes(150000):strip_icc()/05-Latinowoman30sandresr-f1d34f59da8849d880e8c5b46611510b.jpeg)
Earn Less Than $55,068? You May Well Get Overtime
![An aerial view shows a flooded community in New Port Richey, Florida, on August 30, 2023, after Hurricane Idalia made landfall earlier in the day. Idalia slammed into northwest Florida as an "extremely dangerous" Category 3 storm early Wednesday, buffeting coastal communities with cascades of water as officials warned of "catastrophic" flooding in parts of the southern US state](https://www.investopedia.com/thmb/YqpWZSCGja_sbrBKiqT2jRI1Ybk=/5000x3333/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1634761399-4e8b5c9aa3454fbeba2a8a22455db7df.jpg)
FEMA Has $3.4 Billion To Respond To Disasters. Will It Be Enough?
![FDIC Headquarters in Washington, D.C.](https://www.investopedia.com/thmb/y2Dyks4BLp8ulEXaCCs5UalI3Go=/6983x4658/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1619042564-b374c4087ebe44b6865f59c0091cd9fb.jpg)
US Regulators Unveil New Rules Targeting Regional Banks
![A woman consulting with a pharmacist](https://www.investopedia.com/thmb/aJgnLEp7aj5aOTo_hrqMaTNE_4A=/5700x3800/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1421882221-9f9e67a2db124b5298a35ab132aaa9ec.jpg)
Medicare Negotiations Could Make These 10 Drugs Cheaper By 2026
![Corridor in a medical center is empty.](https://www.investopedia.com/thmb/_n2dMsaRHv5tkV9RZ69ANo5F0_s=/3346x2509/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1344457512-a58a2505c72847748ed9a6679798613b.jpg)
These Are The States Kicking The Most People Off Medicaid
![Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra](https://www.investopedia.com/thmb/S4Lsbd0JW0GExvRbSr6O36edVfo=/5755x3837/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1449134573-eed0b2fc249747e3bdfef12f9b5e2b76.jpg)
Credit Repair Companies Reach $2.7 Billion Settlement With CFPB
![In an aerial view, burned cars and homes are seen in a neighborhood that was destroyed by a wildfire on August 18, 2023 in Lahaina, Hawaii. At least 111 people were killed and thousands were displaced after a wind driven wildfire devastated the towns of Lahaina and Kula early last week. Crews are continuing to search for missing people.](https://www.investopedia.com/thmb/tNBYfib4tPjOYMUsaWVQO40Qssw=/3168x2023/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1623483881-3eae54bea3df4b1da350d79f373339ab.jpg)
IRS Offers Tax Deadline Relief To Maui Disaster Zone Residents
![President Joe Biden delivers remarks on the first anniversary of the Inflation Reduction Act in the East Room at the White House on August 16, 2023 in Washington, DC. The Inflation Reduction Act aims to curb inflation by reducing the federal government budget deficit, lowering prescription drug prices, and investing into clean domestic energy programs.](https://www.investopedia.com/thmb/VfmKYIwQC5QGNQKuYwM-uema64Q=/3649x2497/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1619291152-2e86d5ebded44bafb11c11ce234eb26c.jpg)
A Year Later, the Inflation Reduction Act Likely Hasn’t Reduced Inflation—But Give It Time
![A man holding paperwork and talking on the phone](https://www.investopedia.com/thmb/iYhsErL1Kwg1471AmRkO0B2h74E=/5122x3415/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-82796290-1a55dfea55234cac9bc432e9b4cd42e3.jpg)
IRS Touts Improvements In Customer Service A Year After It Received Funding Boost
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Biden Legal Victory Cleared The Way For Student Loan Forgiveness For 804,000 Borrowers
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AI Drones and Quantum Sensors: Why Biden Is Cracking Down on Tech Investment in China
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Supreme Court Will Decide Fate Of Purdue Opioid Crisis Settlement
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Conservative Groups’ Lawsuit Could Stop Student Loan Relief Even if It Loses
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Texting Employees Cost Wall Street Firms $549M In Fines For Recordkeeping Rules Violation