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Biden says China is 'racing ahead' of the US in a fiery speech bashing Republicans who oppose his infrastructure plan

President Joe Biden has portrayed his infrastructure plan as a means of strengthening democracy and undermining autocracy. Alex Wong/Getty Images In a Wednesday speech, Biden framed investing in infrastructure as a matter of national security. He said that delaying doing so benefited China, and he bashed Republicans for opposing his plan. China is "counting on American democracy to be too slow ... to keep up the pace," he said. See more stories on Insider's business page. President Joe...
Tags: Politics, News, Republicans, China, US, America, Trends, Joe Biden, Infrastructure, Beijing, Gop, Washington Dc, State Department, Biden, Xinjiang, United States of America


Biden warns China is 'racing ahead' of the US in a fiery speech bashing Republicans who oppose his infrastructure plan

President Joe Biden has portrayed his infrastructure plan as a means of strengthening democracy and undermining autocracy. Alex Wong/Getty Images Biden framed investing in infrastructure as a matter of national security in a Wednesday speech. He warned that delaying doing so benefits China and bashed Republicans for opposing his plan. China is "counting on American democracy to be too slow, too limited, and too divided to keep up the pace," he said. See more stories on Insider's busine...
Tags: Politics, News, Republicans, China, US, America, Trends, Joe Biden, Infrastructure, Beijing, Gop, Washington Dc, State Department, Biden, Xinjiang, United States of America


Biden starts selling major corporate tax hikes while opening the door to a compromise with Republicans

President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, January 29, 2021. Kevin Lamarque/Reuters The Biden administration released a sales pitch for its proposed corporate tax hikes. They project raising $2.5 trillion over 15 years to finance the entire proposed infrastructure package. Biden said he is willing to hear ideas from the GOP on infrastructure, opening the door to possible compromise. See more stories on Insider's b...
Tags: Amazon, Politics, Congress, Washington, Senate, White House, US, Trends, Markets, Joe Biden, Economy, Cnn, Gop, Treasury, Janet Yellen, Jeff Bezos


Biden starts selling major corporate tax hikes while opening the door to a compromise

President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, January 29, 2021. Kevin Lamarque/Reuters The Biden administration just released a sales pitch for its proposed corporate tax hikes. They project raising $2.5 trillion over 15 years to finance the entire proposed infrastructure package. Administration officials are already saying they could compromise on raising the corporate tax rate to 28%. See more stories on Insider's ...
Tags: Amazon, Congress, Washington, Senate, White House, US, Trends, Joe Biden, Cnn, Commerce, Treasury, Janet Yellen, Jeff Bezos, Biden, Donald Trump, Chamber of Commerce


The US is talking to allies about boycotting 2022 Beijing Olympics over genocide against Uyghurs in Xinjiang

A Chinese flag flutters in front of the IOC headquarters during a protest by activists of the International Tibet Network against the Beijing 2022 Winter Olympics on Februay 3, 2021 in Lausanne. Fabrice Coffrini/Getty Images The US and its allies are discussing a possible boycott of the 2020 Beijing Olympics. "It is something that we certainly wish to discuss," the State Department said on Tuesday. China is facing growing backlash over what's widely considered to be genocide against ...
Tags: Politics, UK, News, China, US, Sports, International, Trends, Eu, Beijing, Canada, Olympics, Alaska, New York Times, International criminal court, Moscow


White House wants more time for Trump tax record decision

By Kara Scannell and Katelyn Polantz | CNN Lawyers for the Department of Justice have asked a judge for additional time to decide whether to turn former President Donald Trump’s taxes over to the House Ways and Means Committee. The committed subpoenaed Trump’s taxes while he was president and the Treasury Department, at the time, declined to comply with the subpoena. The House filed a lawsuit against the Treasury Department to enforce the subpoena. Trump’s lawyers intervened in the case. Lawyers...
Tags: Politics, Taxes, News, Congress, White House, Sport, Cnn, Soccer, House, Courts, Department Of Justice, Biden, Donald Trump, Justice Department, Trump, Treasury Department


Eviction ban extended through June just days before up to 40 million faced risk of losing housing

Housing activists erect a sign in front of Massachusetts Gov. Charlie Baker's house in Swampscott, Mass. Michael Dwyer/AP Photo The CDC extended the ban on evictions through June 30 on Monday. This extension comes two days before the current eviction ban was set to expire. Lawmakers and experts said that while an extension was needed, Biden needs to enforce the ban better. See more stories on Insider's business page. Two days before it was set to expire, on Monday the Centers for D...
Tags: Texas, California, Washington Post, Cdc, White House, Massachusetts, Trends, Joe Biden, Treasury, Ohio, Janet Yellen, Biden, Centers For Disease Control And Prevention, Charlie Baker, Internal Revenue Service, Treasury Department


Biden administration sanctions Chinese officials for 'genocide' against Uighurs days after diplomatic spat in Alaska

Secretary of State Antony Blinken was involved in a heated exchange with Chinese officials in Anchorage, Alaska, on March 18. Frederic J. Brown/Reuters The US on Monday announced new sanctions against two Chinese officials for "genocide" in Xinjiang. Human rights groups say China has forced over a million Uighurs and other minorities into camps. The new sanctions came days after Blinken confronted China's top diplomat about human rights abuses. See more stories on Insider's busines...
Tags: Politics, News, China, US, Trends, Joe Biden, Canada, Alaska, Chinese communist party, Biden, Xinjiang, Sanctions, Donald Trump, Trump, Uighur, State


10 Things in Politics: White House links Trump anti-Asian rhetoric to violence

Law enforcement outside a massage parlor where a person was shot and killed on March 16, 2021, in Atlanta, Georgia. ELIJAH NOUVELAGE/AFP via Getty Images Good morning! Welcome back to 10 Things in Politics. Sign up here to get this newsletter in your inbox each day. Send your tips and suggestions to [email protected] or tweet me @BrentGriffiths. Here's what you need to know:Top Democrats blame Trump and others for the spike in crimes against Asian Americans.These are the 14 Rep...
Tags: Amazon, Politics, Texas, Washington, Senate, White House, China, US, America, Trends, Atlanta, Georgia, Nasa, Beijing, Pennsylvania, Gop


Book Review: Ron Chernow’s Biography of Ulysses S. Grant

I read 900 pages about Ulysses S. Grant in Ron Chernow’s authoritative biography. It was extraordinary. It’s hard not to agree with Chernow claims that Grant is the most underrated president in U.S. history. I knew little to nothing about Grant going in, and hadn’t read a full length book about the Civil War before. So I got a superb education in the three areas I look for when reading a biography: A person of consequence The time period in which the person lived, in this case, Civil War-...
Tags: Europe, Utah, Books, New York, Texas, Mississippi, Supreme Court, West Point, Congress, Colorado, California, Washington, Mexico, Senate, White House, Virginia


21 GOP Attorneys General are pressing Biden's administration for clarity on stimulus element

President Joe Biden speaks about the COVID-19 relief package in the State Dining Room of the White House, Monday, March 15, 2021, in Washington Patrick Semansky/AP 21 Republican Attorneys General have asked for clarity on a provision in the stimulus bill. The bill allocated $350 billion to help localities pay for the costs of the pandemic. The officials claim the current provisions prevents them from cutting taxes. See more stories on Insider's business page. Twenty-one Republican A...
Tags: Politics, Congress, Washington Post, Washington, White House, West Virginia, Trends, Joe Biden, Ap, Gop, Treasury, Janet Yellen, Biden, Yellen, Treasury Department, Tax Policy Center


Stimulus checks are starting to hit Americans' bank accounts this weekend, but some may not be able to access the money right away

Some Americans may not be able to access their federal cash this weekend. skynesher Many Americans are seeing $1,400 stimulus checks in their bank accounts, but they may not be able to access the money immediately. The IRS said it is officially releasing the payments on March 17. That means it may take several more days for the checks to clear at major financial institutions. See more stories on Insider's business page. Many Americans are seeing $1,400 stimulus checks hit their bank ac...
Tags: Politics, Republicans, Congress, Trends, Markets, Joe Biden, Economy, Democrats, Chase, Citibank, Irs, Wells Fargo, U S Treasury, Treasury Department, The IRS, Chime


The $1,400 stimulus checks are already landing in people's bank accounts

President Joe Biden speaks before signing the American Rescue Plan Act. Mandel Ngan/AFP via Getty Images) President Joe Biden signed the $1.9 trillion stimulus package Thursday. By Friday, $1,400 stimulus checks had already landed in people's bank accounts. More direct deposits, physical checks, and prepaid debit cards will be sent out in the coming weeks. See more stories on Insider's business page. The latest round of stimulus checks has already landed in thousands of people'...
Tags: Politics, Politico, Trends, Joe Biden, Economy, Wall Street Journal, Stimulus, Irs, Journal, Treasury Department, The Journal, Mandel Ngan, COVID-19, Stimulus Check, Kelsey Vlamis


Americans will start receiving $1,400 stimulus checks 'as early as this weekend,' White House says

White House Press Secretary Jen Psaki. Alex Wong/Getty Images Eligible Americans will start receiving the $1,400 stimulus checks "as early as this weekend." Psaki made the announcement after Biden signed the coronavirus package into law on Thursday. Payments will continue for weeks, Psaki said. See more stories on Insider's business page. Eligible Americans will start to receive the $1,400 stimulus check "as early as this weekend," White House press secretary Jen Psaki announced Thursd...
Tags: Politics, News, Congress, Senate, White House, Trends, Joe Biden, House, Biden, Stimulus, Checks, Internal Revenue Service, Treasury Department, White House Press, Jen Psaki, Psaki


Court docs reveal Saudi wealth fund courted by Hollywood and Wall Street owned planes used in Jamal Khashoggi's killing

A demonstrator dressed as Saudi Arabian Crown Prince Mohammed bin Salman at a protest outside the Saudi Embassy in Washington, DC, October 8, 2018. JIM WATSON/AFP via Getty Images The Public Investment Fund of Saudi Arabia, an enormous sovereign wealth fund, has major investments in many prominent US companies. Court documents show that the fund also owns planes that were used to carry out the killing of Saudi dissident Jamal Khashoggi in 2018. Visit the Business section of Insider for mor...
Tags: Google, Politics, Hollywood, Washington Post, Saudi Arabia, Wall Street, Boston, Court, US, International, Trends, Turkey, Cnn, Canada, United States, Washington Dc


Biden refused to sanction MBS over Khashoggi's murder because he doesn't want his relationship with Saudi Arabia to get worse, officials say

A composite image of Saudi crown Prince Mohammed bin Salman and US President Joe Biden. AP Photo/Susan Walsh/Sputnik via AFP A newly-declassified US intel report said the Saudi crown prince directly approved Khashoggi's murder. Biden announced new sanctions over the murder, but has declined to punish Crown Prince Mohammed. A US official told The Washington Post it's because Biden wants the US-Saudi relationship to heal. Visit the Business section of Insider for more stories. President Joe ...
Tags: Politics, Washington Post, Washington, Saudi Arabia, White House, US, Trends, Joe Biden, Cnn, Washington Dc, Middle East, News UK, Un, State Department, Biden, Yemen


The White House says it never wants an assassination like Khashoggi's again, but won't punish MBS for ordering the killing

Crown Prince Mohammed bin Salman (L) and President Joe Biden (R.) AP Photo/Susan Walsh/Sputnik via AFP The White House is facing criticism for not sanctioning MBS over Khashoggi's murder. Biden officials insist an intel report and limited sanctions will prevent future killings. A report released last week explicitly implicated MBS in the murder.  Visit the Business section of Insider for more stories. White House press secretary Jen Psaki on Monday said that the actions the Biden administr...
Tags: Post, Politics, Usa, News, Obama, Washington Post, Saudi Arabia, White House, Kingdom, US, Trends, Joe Biden, Iran, Cnn, Middle East, Ben Rhodes


Biden will not sanction MBS over Khashoggi's killing despite US report implicating the Saudi leader

Saudi Crown Prince Mohammed bin Salman in Riyadh on November 20, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via Reuters The Biden administration on Friday announced new sanctions over Jamal Khashoggi's murder. The sanctions did not target Saudi Crown Prince Mohammed bin Salman. The administration said it would institute a new visa-restriction policy called the "Khashoggi ban." Visit the Business section of Insider for more stories. The Biden administration will not sanctio...
Tags: Politics, News, Washington Post, Saudi Arabia, White House, Kingdom, US, Trends, Joe Biden, United States, Treasury, Janet Yellen, State Department, Biden, Istanbul, Mohammed


Biden will not sanction MBS over Khashoggi's killing despite US report implicating the Saudi leader in the murder

Saudi Crown Prince Mohammed bin Salman attends a session of the Shura Council in Riyadh, Saudi Arabia, on November 20, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via Reuters The Biden administration announced new sanctions over Khashoggi's murder. Saudi Crown Prince MBS is not targeted by the new sanctions.  The administration is also instituting a new visa restriction policy called the Khashoggi Ban. Visit the Business section of Insider for more stories. The Biden admini...
Tags: Politics, News, Washington Post, Saudi Arabia, White House, Kingdom, US, Trends, Joe Biden, United States, Treasury, Janet Yellen, State Department, Biden, Istanbul, Mohammed


The Breathtaking Courage of Harriet Tubman: An Animated History Lesson Speaks to Her Place on the $20 Bill

https://www.youtube.com/watch?v=Dv7YhVKFqbQ I was a conductor on the Underground Railroad, and I can say what many others cannot. I never ran my train off the track, and I never lost a passenger.  —Harriet Tubman Remember how one of the Obama administration’s final initiatives was to redesign the $20 bill, banishing Andrew Jackson, a slaveholder, to a minor role on the back of the bill, in favor of abolitionist Harriet Tubman, who was born into slavery? The announcement arrived on the he...
Tags: Google, Nbc, Obama, College, White House, US, Economics, History, Atlantic, Current Affairs, Treasury, Lincoln, The New York Times, Bill, Jackson, Biden


A Brief Animated History Lesson on Harriet Tubman Speaks to Her Place on the $20 Bill

https://www.youtube.com/watch?v=Dv7YhVKFqbQ I was a conductor on the Underground Railroad, and I can say what many others cannot. I never ran my train off the track, and I never lost a passenger.  —Harriet Tubman Remember how one of the Obama administration’s final initiatives was to redesign the $20 bill, banishing Andrew Jackson, a slaveholder, to a minor role on the back of the bill, in favor of abolitionist Harriet Tubman, who was born into slavery? The announcement arrived on the he...
Tags: Google, Nbc, Obama, College, White House, US, Economics, History, Atlantic, Current Affairs, Treasury, Lincoln, The New York Times, Bill, Jackson, Biden


How Democrats could provide up to $300 monthly direct payments for families

President Biden speaks about the pandemic at the White House on on January 26, 2021 in Washington, DC. Doug Mills-Pool/Getty Images Democrats are drafting legislation to put the IRS in charge of sending monthly payments of up to $300 for millions of families, two Democratic sources familiar with the plan told Insider. People could opt to receive a monthly check or a big lump sum after filing taxes, per an early version of the plan. Biden supported an identical measure during the presidenti...
Tags: Utah, Politics, Taxes, Republicans, Congress, Colorado, Washington Post, Washington, Senate, White House, US, Trends, Markets, Joe Biden, Poverty, Economy


Democrats are setting the stage to propose $300 monthly direct payments for families with children under 17

President Biden speaks about the pandemic at the White House on on January 26, 2021 in Washington, DC. Doug Mills-Pool/Getty Images Democrats are drafting legislation to put the IRS in charge of sending monthly payments of up to $300 for millions of families, two Democratic sources familiar with the plan told Insider. People could opt to receive a monthly check or a big lump sum after filing taxes, per an early version of the plan. Biden supported an identical measure during the presidenti...
Tags: Utah, Politics, Taxes, Republicans, Congress, Colorado, Washington Post, Washington, Senate, White House, US, Trends, Markets, Joe Biden, Poverty, Economy


The Senate confirms Janet Yellen as America's first female Treasury chief

Treasury chief Janet Yellen. Brendan Smialowski/AFP via Getty Images Yellen was confirmed in the US Senate on Monday in an 84-15 vote. The 74-year-old economist is the first woman to lead the Treasury Department. She will play a critical role shepherding the Biden administration's rescue package through Congress. Visit Business Insider's homepage for more stories. The Senate voted on Monday evening to confirm Janet Yellen as the nation's first woman to serve as treasury secretary. She rack...
Tags: Politics, Republicans, Congress, Oregon, Senate, America, Trends, Markets, Joe Biden, Economy, Policy, Democrats, Treasury, Mitch McConnell, US Senate, Janet Yellen


Biden administration taking steps to speed up putting Harriet Tubman on $20 bill

A portrait of Harriet Tubman (1820 1913). Corbis via Getty Images The Biden administration is moving to put Harriet Tubman on the $20 bill as soon as possible.  The Obama era plan to put Tubman on the $20 bill was criticized by former President Donald Trump.  The White House said it's important US money reflects "the history and diversity of our country." Visit Business Insider's homepage for more stories. White House press secretary Jen Psaki on Monday said the Treasury Department is movi...
Tags: Politics, News, Obama, White House, US, Trends, Joe Biden, Biden, Donald Trump, Treasury Department, Andrew Jackson, Corbis, Harriet Tubman, Tubman, Jen Psaki, Psaki


Biden's Treasury pick Janet Yellen urges Congress that now is the time to 'act big' on a stimulus package - and warns of a more painful recession without it

Treasury Secretary nominee Janet Yellen speaks during a Dec. 1, 2020, event in Wilmington, Delaware, to name President-elect Joe Biden’s economic team at the Queen Theater on December 1, 2020 in Wilmington, Delaware. Biden is nominating and appointing key positions to the Treasury Department, Office of Management and Budget, and the Council of Economic Advisers. Alex Wong/Getty Images Yellen told lawmakers during her Senate confirmation hearing that now is the time to pass a massive relief...
Tags: Politics, Republicans, Congress, Senate, US, Trends, Recession, Markets, Joe Biden, Economy, Policy, Democrats, Treasury, Janet Yellen, Biden, Stimulus


Biden's Treasury pick Janet Yellen will urge Congress that now is the time to 'act big' on a stimulus package - and warns of a more painful recession without it

Treasury Secretary nominee Janet Yellen speaks during a Dec. 1, 2020, event in Wilmington, Delaware, to name President-elect Joe Biden’s economic team at the Queen Theater on December 1, 2020 in Wilmington, Delaware. Biden is nominating and appointing key positions to the Treasury Department, Office of Management and Budget, and the Council of Economic Advisers. Alex Wong/Getty Images Yellen will tell lawmakers during her confirmation hearing that now is the time to pass a massive relief p...
Tags: Politics, Republicans, Congress, US, Trends, Recession, Markets, Joe Biden, Economy, Policy, Democrats, Treasury, Janet Yellen, Biden, Stimulus, Unemployment Insurance


Biden supports $2,000 stimulus checks for Americans. Here's how much people could receive in federal cash.

President-elect Joe Biden gives a speech in Delaware in early January. Demetrius Freeman/The Washington Post via Getty Images President-elect Joe Biden has supported $2,000 stimulus checks, which are expected to be part of another economic aid package to be unveiled this week. Higher earners may receive some federal cash, as the income phase-out for payments under a House proposal was raised. Here are some groups who could get a $2,000 stimulus payment. Visit Business Insider's homepage fo...
Tags: Politics, Republicans, Congress, Washington Post, Senate, Trends, Georgia, Markets, Joe Biden, Economy, Getty Images, Policy, Democrats, House, Treasury, Nancy Pelosi


Joe Biden supports $2,000 stimulus checks for Americans. Here's how much people could receive in federal cash.

President-elect Joe Biden gives a speech in Delaware in early January. Demetrius Freeman/The Washington Post via Getty Images Biden supports $2,000 stimulus checks and they are expected to form part of another economic aid package to be unveiled this week. Higher-earners may receive some federal cash as well, as the phase out for stimulus cash has been extended to higher incomes. Here are some groups who could get a $2,000 stimulus payment. Visit Business Insider's homepage for more storie...
Tags: Politics, Republicans, Congress, Washington Post, Senate, Trends, Georgia, Markets, Joe Biden, Economy, Policy, Democrats, House, Treasury, Nancy Pelosi, Biden


Democrats' stunning Senate victories will likely allow Biden to deliver $2,000 stimulus checks

President-elect Joe Biden. Chip Somodevilla/Getty Images After Democrats pulled off a stunning victory in Georgia late Tuesday evening, another round of direct payments to Americans could be likely.  The victories give Democrats control of the Senate for the first time in six years. Once President-elect Joe Biden takes office, the Democratic party will have control over Congress and the White House. Biden has previously said that he intends to send out $2,000 stimulus checks.  Visit Busine...
Tags: Politics, New York, News, Republicans, Congress, Washington Post, Washington, Senate, White House, America, West Virginia, Trends, Georgia, Joe Biden, Democrats, House



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