But one of the first questions Bessent faced was whether he would let the Internal Revenue Service offer taxpayers a free tax-filing platform this tax season, which starts Jan. 27. “Will you commit to ...

The current gap between US federal spending and tax revenue is larger than ever outside of major war or crisis. Federal ...

Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S.

Article discusses challenges facing the U.S. economy, including high debt, Baby Boomer retirement, inflation, and federal ...

President Donald Trump is doubling down on his assertion that new tariffs could hit next month. He told reporters Tuesday ...

President Donald Trump wasted no time in getting to work on his first day in office with a range of executive orders, but the fiscal house he’s inheriting may prove more challenging to fix.

Donald Trump took the Oath of Office and was sworn in as the 47th President of the United States. He is only the second man ...

Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate ...

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some ...

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely ...

This article was updated to correct Sen. Ron Wyden’s (D-Ore.) role on the Senate Finance Committee The Senate Finance ...

The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...