Finance, investment and tax-related legislation

Congress has returned from recess this week to a packed agenda and not much time before their scheduled summer recess.

The Senate GOP leader said he will block bipartisan legislation to boost U.S. competition with China.

A senior member of the House Ways and Means Committee has introduced legislation to double the size of the research and development tax credit and enable more small-business startups to claim it.

With two congressional recesses and an election coming up, time is running out.

A congressional appropriations committee wants to give the Internal Revenue Service $1 billion more in funding to improve taxpayer service and technology and make the overall tax system fairer.

Rep. Don Beyer, D-Virginia, introduced a bill to impose a 1,000% excise tax on manufacturers, importers or producers of assault weapons and high-capacity magazines in the wake of a string of mass shootings across the country.

The legislation is one of the most ambitious attempts to regulate the volatile asset class.

An inside look at the provisions of the new bill as it makes its way to the Senate.

The House voted Friday to decriminalize marijuana, expunge federal convictions on pot-related charges and impose taxes on cannabis producers and importers.

Manchin doomed two pieces of the plan — ending a tax break for fossil fuels and taxing unrealized capital gains — just hours after Biden announced them.