Bipartisan lawmakers are pushing a new stimulus plan as Nancy Pelosi and Mitch McConnell have made no progress on a coronavirus relief bill.
Congress faces a Dec. 11 deadline to avoid a government shutdown, and has to decide whether to pass another coronavirus stimulus bill.
The job is a key role as Biden pledges to reverse Trump's "America First" policies, build jobs at home, and punish Beijing for anti-competitive trade practices.
Joe Biden's transition team says he supports Nancy Pelosi and Chuck Schumer's push for a stimulus plan that costs at least $2.2 trillion.
Mnuchin said that he and GOP lawmakers will attempt to draft a targeted stimulus package and meet with Democrats.
News about a $2.2 trillion coronavirus stimulus bill that includes a second $1,200 payment could still come this week. Here's how your stimulus check will be taxed.
Dow futures rose Wednesday after a rip-roaring rally to record highs this week took a pause.
Congress has failed to pass another coronavirus stimulus bill as infections rise and state and local governments implement new restrictions.
Speaker Nancy Pelosi said House Democrats' expected loss of seats will not diminish its leverage after Joe Biden won the 2020 presidential election.
Nancy Pelosi and Chuck Schumer say spiking coronavirus infections call for a sweeping relief bill, one Mitch McConnell is unlikely to support.
Mitch McConnell and Nancy Pelosi are still divided over the size of a potential coronavirus stimulus package after the 2020 election.
Dow futures pointed to a decline at Friday's open, following Wall Street's four-session rally this week.
Dow futures turned positive Friday after a strong government employment report and news that Democrat Joe Biden pulled ahead of President Donald Trump in Georgia and Pennsylvania.
Democrats will keep their House majority, but are projected to lose seats as 2020 election results come in.
Senate Majority Leader Mitch McConnell said that economic stimulus will be the chamber's top priority before the end of the year.
As Congress and the White House fail to reach another stimulus deal, millions of Americans are suffering.
The year leading to Election Day was even more turbulent than Trump's first three years in office: impeachment, racial unrest and a killer virus.
Mitch McConnell, Nancy Pelosi and Donald Trump offered differing views on when they could pass coronavirus stimulus after the 2020 election.
Nancy Pelosi and Steven Mnuchin may not reach a coronavirus stimulus deal before the 2020 election, but Pelosi is pushing to restart talks.
Gold prices edged higher on Tuesday, helped by a weaker dollar and worries over a second surge in coronavirus cases, although the safe-haven metal held a narrow range as investors' focus on next week's U.S. presidential election.