The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as ...

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

Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president ...

The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's ...

The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications ...

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

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

Donald Trump took the oath of office on Monday, promising a sweeping series of executive orders upon his return to the ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt ...

Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of ...