Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

Senators quizzed Trump's Interior secretary nominee, proposed EPA administrator and Treasury secretary nominee.

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

Western sanctions against Russia over its aggression toward Ukraine are having an impact. The Russian economy is already ...

An outgoing Biden administration official overseeing nukes warned against a new arms race with Russia and China in her farewell address Thursday.

Trump has vowed to take swift action on various policies, but five issues appear to loom heavier. The Biden administration ...

The West has frozen $300 billion of Moscow’s assets, but Europe has stood in the way of using them.

The Russian economy, driven by war expenditures and masking structural problems, is on the brink of stagnation. Although the ...

The following National Projects take the lead in terms of utilizing expenditures: Demography, Safe and High-Quality Roads, Science and Universities, and International Cooperation and Export ...

Russia spent almost a quarter of the national wealth fund’s available reserves last year to keep the economy on a war footing ...

“He just does not like Russian beer brands.” Addressing the economy at his annual end-of-year news conference earlier this month, Putin said that inflation was a problem and that the country ...