Phillip Swagel, Capitol Hill’s top policy wonk, took the unusual step of defending his agency against bad-faith criticism.

A top Trump official and two other economists published a paper outlining how business tax cuts boost economic investment as Republicans debate these policies in their tax legislation.

State of play: The House Freedom Caucus, a group of the most conservative Republicans, has called for the AI moratorium to be removed from the bill once it returns to their chamber for final approval ...