Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service ... cuts to its enforcement budget are likely in the next Congress. Democrats denounce ...
For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table ...
House Republicans are pushing for extensions of the 2017 tax cuts enacted by President-elect Donald Trump. Here's what to ...
IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on ...
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion ...
US President Donald Trump promised tariffs and taxes on other countries Monday, in a nationalistic inaugural address after ...
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget ...
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