Read more: Aid talks continue today. The IRS named a new head of its Criminal Investigation unit. There are five primary elections today.

White House and Democratic negotiators driving toward a deal on a final massive virus relief package by the end of the week still must overcome a raw mix of election-year pressures, internal GOP splits and a profound lack of trust between the parties.

There’s a looming possibility of legal challenges to Treasury’s position on a tax break for hedge fund and private equity managers, now that the government has issued proposed rules.

The IRS yielded to a lobbying campaign by the assisted living and nursing sector, allowing many of those companies to opt out of a cap on the amount of loan interest payments they can write off their taxes.

U.S. Treasury Secretary Steven Mnuchin said the White House and Democrats aim to strike a deal on virus-relief legislation by the end of the week -- even though the two sides remain far apart on some key issues.

Senators Marco Rubio and Susan Collins have introduced legislation to extend a popular small-business relief program past its Aug. 8 expiration date as talks between Republicans and Democrats on a larger relief package appear deadlocked.

Republican Sen. David Perdue says it looks likely the Senate will be in session next week and could be in the week after that to get a deal on the next coronavirus stimulus package.

Senate Majority Leader Mitch McConnell says he’s ready to support a new coronavirus relief package even if he has “some problems with certain parts of it.”