President BidenJoe BidenTexas announces election audit in four counties after Trump demand Pennsylvania AG sues to block GOP subpoenas in election probe House passes sweeping defense policy bill MORE on Friday said he supports an idea championed by a key Senate Democrat to tax billionaires’ unrealized investment gains annually.

Senate Finance Committee Chairman Ron WydenRonald (Ron) Lee WydenOvernight Energy & Environment — Presented by the League of Conservation Voters — EPA finalizing rule cutting HFCs Panic begins to creep into Democratic talks on Biden agenda Democrats surprised, caught off guard by 'framework' deal MORE (D-Ore.) has been pushing for several years to tax wealthy people’s investment gains annually, rather than when the investment gains are sold.

When asked about the idea on Thursday, House Ways and Means Committee Chairman Richard NealRichard Edmund NealOvernight Energy & Environment — Presented by the League of Conservation Voters — EPA finalizing rule cutting HFCs Panic begins to creep into Democratic talks on Biden agenda Democrats surprised, caught off guard by 'framework' deal MORE (D-Mass.) told reporters that staff members are talking about it but haven’t reached any agreement.