President-elect Donald Trump (R) announced hedge fund manager Scott Bessent as his nominee for secretary of the Treasury on November 22, 2024. This presidential appointment requires Senate ...

Scott Bessent's critic in Catherine Rampell is too pessimistic, while Bessent is arguably not optimistic enough.

President Trump is expected to attend an inaugural prayer service at Washington National Cathedral, meet with Republican ...

The Senate Finance Committee voted to approve President Donald Trump’s pick to lead the Treasury Department, hedge fund ...

Trump seeks sharp reductions in federal spending, deeper tax cuts, seemingly universal tariffs and sweeping deregulation.

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Scott Bessent, in his Senate hearing for Treasury, called extension of 2017 tax cuts the "single most important economic ...

Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to ...

Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who ...

Will the Senate GOP confirm controversial picks like Pete Hegseth and RFK Jr.? Here’s this week’s full Senate confirmation ...