Government Bodies

WASHINGTON—Former Treasury Department official Michael Barr is expected to pursue tougher oversight of the financial system and reverse some Trump-era policies…

WASHINGTON—The IRS is preparing for an extended fight over a deduction created in the 2017 tax law that could put the government at odds with some of the largest U.S.-based multinational…

WASHINGTON—The Justice Department sued casino mogul Steve Wynn Tuesday to force him to register as a lobbyist in connection with his 2017 efforts to obtain a…

U.S. shoppers increased retail spending in April for the fourth straight month, taking on higher prices with inflation close to its highest level in four decades.Retail sales—a measure of…

Australian financial-services company Macquarie Group signed the first lease at a new Midtown Manhattan redevelopment of the office tower…

Some candidates in the midterm elections are experimenting with NFTs to help raise money and spark interest in their campaigns, following the lead of artists as well as big consumer brands,…

The U.S. Treasury Department outlined actions it plans to take to address illicit-finance risks, saying Russia’s invasion of Ukraine had underscored the need to close…

WASHINGTON—The House Oversight Committee has launched an investigation into the four major manufacturers of baby formula, including the makers of Similac and Enfamil, asking for information…

WASHINGTON—The Biden administration canceled plans to auction drilling rights in three regions off the U.S. coastline later this year, adding more friction to an uneasy relationship with the…

Mr. Powell’s nomination, approved Thursday on an 80-19 bipartisan vote, has been on track for months to win bipartisan approval despite unease over inflation and aggressive interest-rate…