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US and its allies have frozen more than $58 billion from Russian oligarchs

3 years 6 months ago
The US and its allies have blocked or seized more than $58 billion worth of assets owned or controlled by sanctioned Russians in the past year as Western governments continue to dial up the pressure over the Kremlin's invasion of Ukraine, according to a joint statement from a multinational sanctions enforcement task force.

What's in Biden's budget

3 years 6 months ago
President Joe Biden released his annual budget Thursday, outlining his policy priorities for the year ahead. Here's what's in Biden's budget proposal, which will frame upcoming political battles on Capitol Hill, where the GOP has yet to unveil its own spending plan.

Senate confirms Biden's IRS nominee Daniel Werfel

3 years 6 months ago
The Senate voted Thursday to confirm Daniel Werfel, the former acting commissioner of the Internal Revenue Service, to lead the IRS at a time when the agency will have to manage an influx of $80 billion to revitalize itself.

Nikki Haley calls for changing retirement age for Americans who are now in their 20s

3 years 6 months ago
Republican presidential candidate Nikki Haley is calling for changing the retirement age for Americans currently in their 20s and limiting Social Security and Medicare benefits for wealthier Americans, staking out a position on the politically controversial issue of entitlement reform that's already been the subject of attacks from former President Donald Trump.
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