The measure, which targets pass-through companies, could raise more than US$50 billion
The standoff could wreak havoc with the U.S. economy
Senior administration officials said the effort stemmed from national security goals rather than economic interests
In re-election speeches, U.S. president says his agenda has triggered a resurgence in factory work
Some investors are getting worried after more than three months have passed with little progress
A prolonged period of slower activity is projected
Potential changes include greater capital requirements and more aggressive regulatory supervision
New tax on the ultra wealthy would include ``unrealized gains''
President Joe Biden outlined Thursday a US$1.75-trillion framework
The Biden administration has issued a report with plans to protect the financial, insurance and housing markets