Politics and Government

The Democratic proposal to hike the U.S. minimum wage to $15 per hour from the current $7.25 will likely fail in the GOP-held Senate.

CNBC’s senior economic reporter Steve Liesman brings his scoop that the White House has revised its estimate for how the shutdown is affecting the U.S. economy.

Freshman Rep. Alexandria Ocasio-Cortez is in line to be appointed to the House Financial Services Committee, according to a Politico report.

It will only take another two weeks to cost the economy more than the $5.7 billion Trump demanded for the border wall.

Steve Liesman reports that Federal Reserve Chief Jerome Powell said he wanted to return the balance sheet to a “more normal level,” sending market momentum downward.

Trump’s denial came days after Paul Manafort’s lawyers inadvertantly disclosed that special counsel Robert Mueller accused Manafort of lying to the special counsel’s team about sharing campaign polling data with Konstantin Kilimnik.

Frank Holland explains how the government shutdown is impacting brewing companies by preventing them from getting the proper licenses.

Ylan Mui reports on the breakdown in talks between President Trump and Democratic leaders over the government shutdown and proposed border wall.

As President Trump jawbones the Federal Reserve, the likelihood that he’s going get what he wants this year from the central bank grows.

In conversations with lawmakers, the White House has pointed toward two different pots of Pentagon money Trump could use if he declares a national emergency to build a border wall: One for curtailing drugs, another for military construction projects.

With the new year comes new laws. Eric Chemi runs through the serious and seemingly silly changes several states will see this year.

Stocks traded higher on Monday on growing optimism surrounding U.S.-China trade talks as investors sought to end a volatile year.

John Delaney leaves Congress in a few days, but not in defeat like so many of his colleagues. The wealthy former financial executive is leaving to ramp up his campaign for president.

The comment suggests little willingness on Trump’s part to back down as Democrats refuse to approve funds for the proposed barrier.

If voters sour on the economy, it would bode poorly for Trump, who has frequently pointed to it as a triumph.