News

Treasury Secretary Scott Bessent's toughest negotiating partner is Congress, and the contest is his race to finance the ...
At a preliminary injunction hearing seeking to determine whether two sidelined appointees are shielded by removal protections ...
Ultraconservative Sen. Josh Hawley introduced a bill with Sen. Peter Welch to raise the federal minimum wage to $15 an hour.
Governor Newsom hinted at withholding California's federal tax contributions in response to Trump's funding cut threats.
An all-staff email to IRS tech workers states upcoming changes are “not yet” a formal reorganization of the agency’s IT ...
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...
Scott Bessent told lawmakers he has no knowledge of DOGE access to the tax agency’s Integrated Data Retrieval System.
Trump's latest comments about picking a new Fed chair have come as he keeps putting pressure on Powell's Fed to lower interest rates. The president called for an interest-rate cut of a full percentage ...
President Donald J. Trump has once again escalated his confrontation with the Federal Reserve, sharply criticizing its chairman, Jerome H. Powell, for maintaining high interest rates and suggesting he ...
Trump's signature legislation comes with a price tag in the neighborhood of $3 trillion. They're all wrong, the White House ...
After months of warnings that tax revenue might plunge due to agency staffing cuts and internal turmoil, the IRS delivered a surprise this spring: a sharp rebound in tax collections, The Washington ...
Treasury Secretary Scott Bessent insisted Thursday that tariff are not taxes, defying the widely accepted economic and financial definition of President Trump’s top trade tool. In an ...