Mr. Bessent and Stephen Miran, Mr. Trump’s choice to lead his Council of Economic Advisers, have argued that broad-based ...

Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy ...

With many benefits set to expire in 2025, Trump's campaign proposals hint at further tax reforms, impacting individuals, ...

The first thing to know about the Department of Government Efficiency is that it doesn’t exist.

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

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant ...

Sen. Ron Wyden (D-OR) laid bare the plans of how House Republicans plan to finance their tax cuts for the rich by gutting ...

President-elect Trump is promising sweeping changes with his pro-growth agenda that will impact industries such as energy, ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

Scott Bessent will appear before politicians on Capitol Hill to answer questions over his stance on taxes, tariffs, trade and ...