Fatima Hussein

Stay informed with Fatima Hussein’s coverage and analysis.

Page 12 of 16

  • US President Joe Biden speaks during an eventFinance

    Most U.S. adults are concerned about the debt ceiling—but few understand it

    By Darlene Superville, Fatima Hussein, and others
  • The Internal Revenue Service (IRS) buildingFinance

    IRS will test a free, online tax-filing systems starting next year—and tax-prep firms are not happy

    By Fatima Hussein, Wyatte Grantham-Philips, and others
  • FILE – Senate Minority Leader Mitch McConnell of Ky., Speaker of the House Kevin McCarthy of Calif., and Senate Majority Leader Sen. Chuck Schumer of N.Y., listen as President Joe Biden speaks before a meeting to discuss the debt limit in the Oval Office of the White House, Tuesday, May 9, 2023, in Washington. (AP Photo/Evan Vucci, File)Politics

    Biden and House Speaker Kevin McCarthy have very different views on what happened at their debt ceiling meeting

    By Lisa Mascaro, Fatima Hussein, and others
  • FILE – The Treasury Building is viewed in Washington, May 4, 2021. The Treasury Department designated El Chapo’s son Joaquin Guzman Lopez and others for financial sanctions, including a freeze on American-owned assets and bank accounts and a ban on Americans doing business with them. (AP Photo/Patrick Semansky, File)Politics

    The US just sanctioned the son of drug lord El Chapo and other Sinaloa cartel members over alleged fentanyl trafficking

    By Fatima Hussein and The Associated Press
  • FILE – Treasury Secretary Janet Yellen speaks on the U.S.-China economic relationship at Johns Hopkins University School of Advanced International Studies, Thursday, April 20, 2023, in Washington. Yellen said Sunday that there are “no good options” for the United States to avoid an economic “calamity” if Congress fails to raise the nation’s borrowing limit of $31.381 trillion in the coming weeks. She did not rule out President Joe Biden bypassing lawmakers and acting on his own to try to avert a first-ever federal default. (AP Photo/Manuel Balce Ceneta, File)Finance

    Government employees are suing Janet Yellen and President Biden arguing that the law that sets the debt ceiling is unconstitutional

    By Christopher Rugaber, Fatima Hussein, and others
  • Secretary of Defense Lloyd Austin introduces the B-21 Raider stealth bomber at Northrop Grumman Dec. 2, 2022, in Palmdale, Calif. Under a proposed rule change, foreign citizens and companies would need U.S. government approval to buy property within 100 miles of eight military bases. The new rule would affect eight bases, including three that are tied to the B-21 Raider (AP Photo/Marcio Jose Sanchez, File)Politics

    U.S. set to crack down on foreign ownership of land near military sites after Chinese firm tries to build factory near Air Force base

    By Margaret Stafford, Tara Copp, and others
  • FILE – The exterior of the Internal Revenue Service (IRS) building in Washington, on March 22, 2013. That big infusion of cash that Congress approved last year to shape up the beleaguered IRS is having an unexpected side benefit. The funding increase has helped the agency to catch up on processing new and backlogged tax returns. And that, in turn, has allowed federal bean-counters to give policymakers a more precise picture of when the Treasury could run out of money — the so-called X-date. (AP Photo/Susan Walsh, File)Finance

    The IRS’s additional funding is helping it better predict the X-date—the exact day when the U.S. will run out of money

    By Fatima Hussein and The Associated Press
  • Treasury Secretary Janet Yellen speaks on the U.S.-China economic relationship at Johns Hopkins University School of Advanced International Studies, Thursday, April 20, 2023, in Washington. (AP Photo/Manuel Balce Ceneta)Finance

    Janet Yellen says we could hit the debt ceiling as soon as June 1 and warns Congress to act ‘as soon a possible’

    By Fatima Hussein and The Associated Press
  • Angelia Jolie and Maddox Jolie-PittPolitics

    Biden’s guests for a fancy black-tie dinner with South Korea’s president include Angelina Jolie, Chip and Joanna, and snowboarder Chloe Kim

    By Darlene Superville, Fatima Hussein, and others
  • Treasury Secretary Janet Yellen speaks on the U.S.-China economic relationship at Johns Hopkins University School of Advanced International Studies, Thursday, April 20, 2023, in Washington. (AP Photo/Manuel Balce Ceneta)Politics

    Janet Yellen says the US and China ‘need to find a way to live together,’ but she’s kind of suggesting they’re not

    By Fatima Hussein and The Associated Press
  • Danny Werfel, commissioner of the Internal Revenue Service (IRS), speaks after being ceremonially sworn in at the IRS headquarters in Washington, DC, US, on Tuesday, April 4, 2023. Werfel, confirmed by the Senate on March 9, was a global leader at the Boston Consulting Group and former acting administrator of the IRS under President Obama. Photographer: Ting Shen/Bloomberg via Getty ImagesFinance

    If you call the IRS you’ll probably get through pretty quickly in a dramatic break from years past

    By Fatima Hussein and The Associated Press
  • FILE – A portion of the 1040 U.S. Individual Income Tax Return form is shown July 24, 2018, in New York. The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system for all. Congress has directed the IRS to report in on how such a system might work. (AP Photo/Mark Lennihan, File)Personal Finance

    Taxpayer advocates want the IRS to offer a free electronic tax-filing system. Intuit and H&R Block have spent millions lobbying against it

    By Fatima Hussein and The Associated Press
  • Workers who are contracted to feed World Bank employees through a firm called the Compass Group, protest for higher wages and affordable healthcare benefits, Wednesday, April 12, 2023, outside of the World Bank in Washington. (AP Photo/Mariam Zuhaib)Finance

    The World Bank’s mission is to fight poverty. Workers at its headquarters are striking because they’re struggling to make ends meet

    By Fatima Hussein and The Associated Press
  • Russian President Vladimir Putin meets with Russian Health Minister Mikhail Murashko at the Kremlin in Moscow, Russia, Friday, April 7, 2023. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)Politics

    America has a message for countries and companies still doing businesses with Russia: You’re with us or against us

    By Fatima Hussein and The Associated Press
  • FILE – Daniel Werfel testifies before the Senate Finance Committee during his confirmation hearing to be the Internal Revenue Service Commissioner, Feb. 15, 2023, in Washington. The IRS released details Thursday, April 6, on how it plans to use the $80 billion it’s getting to improve operations, promising investments in new technology, hiring more customer service representatives and expanding its ability to audit high-wealth taxpayers. Contrary to unfounded alarmist talk from Republicans, it won’t include spending for new IRS agents with guns, says IRS Commissioner Daniel Werfel. (AP Photo/Mariam Zuhaib, File)Finance

    The IRS plans to use its $80 billion windfall to update their tech and audit more rich people

    By Fatima Hussein and The Associated Press