Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Zuckerberg cozying up to Trump is ‘truly awful’ and he wants to ‘reconsolidate’ media: Sen. Wyden
Senate confirmation hearings for President-elect Trump’s Cabinet finished its first week with as many questions as it started ...
The market’s data king says politics trumps economics
Jens Nordvig built his macro research firm on sourcing and crunching data. He’s detecting profound shifts in behaviour as ...
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...
Nominee for US treasury secretary suggests possible restart of trade talks with China
Scott Bessent tells Senate Finance Committee confirmation hearing Donald Trump’s tariff policy is useful tool for leverage in ...
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Treasury Nominee Scott Bessent Leaves Dem Senator Stammering: 'You Gave It to Me in Your Office, And I Did Read It'
When it comes to Senate bloviating, Democrat Sheldon Whitehouse is among the worst of a bad company. A political party that ...
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Sen. Warren: "Donald Trump & Elizabeth Warren are Singing from the Same Hymnal'"
At a Senate Finance Committee hearing on6, 2025, Senator Elizabeth Warren questioned Treasury Secretary nominee Scott Bessent on critical issues, including eliminating the debt limit and ensuring tax ...
Crypto will enter a new era after Trump’s inauguration
Here are some facts on the crypto positions of key members of the incoming administration and Donald Trump's inner circle.
US Treasury to launch measures Tuesday to avoid debt limit breach
Secretary says Treasury will suspend investments in two government employee benefit funds through March 14, to claw back ...
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
At Trump's freewheeling Mar-a-Lago, allies jockey for jobs, tee times and a spot on the buffet line
"It's 'Real Housewives' meets 'The Bachelor' meets 'The Apprentice,'" one source said of the scene at Mar-a-Lago. "Viper pit.