The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gains, a move proponents say reins in "woke" schools but that critics say will wind up hurting the poorest students the most.

President Trump’s top legislative priority was a victory for him and for Speaker Mike Johnson, who kept the president’s trust throughout tricky negotiations.

Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.

Trump’s Bill Changes How Student Loan Amounts Are Calculated. The bill proposes changing the formula for how much the federal government grants borrowers. Loans would now be cal

After the House passed a bill for Trump’s agenda by a single vote, the measure faces more hurdles in the Senate. But don’t bet against it becoming law.

Congress is pressing to pass President Donald Trump's legislative agenda bill ahead of Memorial Day, though some Republicans have objected to portions of it. The budget reconciliation bill, called the "One Big Beautiful Bill Act,

Wall Street remained jittery on Thursday after Trump's newly-passed "big, beautiful bill" shook the U.S. bonds market. Follow Newsweek's live blog.

For weeks conservatives had expressed concern about the legislation, which independent budget analysts say will add trillions of dollars to the U.S. debt load.