House Democrats have started drafting a stimulus proposal of roughly $2.4 trillion that they can take into possible negotiations with the White House and Senate Republicans, according to House Democratic officials.

Read more: Treasury Secretary Steven Mnuchin returns to the Hill to testify. House Majority Leader Steny Hoyer is still optimistic about a stimulus package. Mexican tax officials are hoping to scrutinize more big companies.

Australian Treasurer Josh Frydenberg will use the Oct. 6 budget to start implementing a two-phase plan centered around boosting jobs and economic growth that hinges on unemployment falling below 6%.

Federal Reserve Chairman Jerome Powell faced questions from U.S. lawmakers Wednesday over the central bank’s help for Americans compared with markets during the coronavirus pandemic.

When a government initiative is called the “Paycheck Protection Program,” the assumption is it will keep workers on the job. But that hasn’t necessarily been the case.

Opportunity zone tax breaks aren’t drawing in non-U.S. investors thus far, but the IRS is working on regulatory changes that some think could increase interest among foreign investors.

Tech entrepreneur Justin Kan failed to build a business automating lawyers’ work, but a former Seyfarth Shaw partner has been quietly chipping away at the same task. Now, he’s looking to scale.

The IRS has issued final and proposed rules on a 2017 tax overhaul change impacting foreign corporations.

A bruising fight over filling the Supreme Court vacancy, which the leaders of both parties continued Wednesday morning on the Senate floor, could diminish chances for action on spending, infrastructure and other legislation.