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.

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.

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.

House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package, with Speaker Mike Johnson defying the skeptics and unifying his ranks,