CNBC Politics

In addition to barrel taxes, Kentucky distillers are set to pay $300 million in state and local taxes and $1.8 billion in federal excise taxes on alcohol.

President Joe Biden and Democratic leaders in Congress amped up pressure on Republicans to act on the debt limit.

U.S. President Joe Biden and Chinese President Xi Jinping could hold a virtual summit by the end of this year.

President Joe Biden will on Wednesday escalate his call for Congress to address the debt limit in a meeting with Wall Street's top CEOs.

Supreme Court justices asked if the U.S. would allow a Guantanamo Bay detainee to testify about his alleged torture and confinement by the CIA.

Defense Secretary Lloyd Austin on Wednesday warned he won't be able to ensure troops receive their pay on time if the U.S. defaults.

President Joe Biden sought to refocus public attention on how his domestic agenda will improve average Americans' lives during a trip to Michigan on Tuesday.

Congress has several high-stakes deadlines ahead of it that could hold implications for the country for years to come.

The heavy police presence, which included dozens of officers and multiple police dogs, came on just the second of the Supreme Court's new term.

Treasury Secretary Janet Yellen believes the economy would fall into a recession if Congress fails to raise the debt ceiling before a default on the U.S. debt.

Tensions are high in the region and Iran's recently-elected government has not held back in expressing its animosity toward the West.

Washington must enforce phase one trade deal with China, and will raise broader policy concerns with Beijing, USTR Katherine Tai is expected to say on Monday.

Tai confirmed a CNBC report last week saying that the Biden administration believed that Beijing has not complied with the phase one trade deal.

Democratic super PAC American Bridge is blasting AT&T for financing the campaigns of lawmakers who co-sponsored an anti-abortion bill in Texas.

Sen. Elizabeth Warren on Monday urged the SEC to investigate whether Fed Vice Chair Richard Clarida "may have violated insider trading rules."

The Supreme Court resumed in-person oral arguments for the first time since the Covid pandemic began, kicking off a politically fraught new term.

Biden slammed the GOP for adding trillions to the U.S. debt during the Trump administration and now refusing to raise the debt ceiling to pay for it.

Democrats are trying to craft a plan to invest in the social safety net after they delayed a vote on the bipartisan infrastructure bill.

President Biden's top trade official, Katherine Tai, will announce that China hasn't complied with the phase one trade deal, sources said.

Sharon Osbourne told CNBC that Carlos Watson lied about when he said she and Ozzy Osbourne invested in Ozy Media.