The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and ...

The Big Beautiful Bill, officially signed into law on July 4, makes major changes to the tax code this year. After ...

Treasury Secretary Scott Bessent late Sunday fired back at Larry Summers for the former Treasury secretary’s criticism of ...

America poised to become the world's capital magnet, predicts Treasury Secretary Treasury Secretary Scott Bessent is painting ...

Treasury Secretary Scott Bessent revealed on Thursday that his department will turn its attention to student loan debt after ...

Musk has attacked the "porky" bill —the tax-cutting centerpiece of President Donald Trump 's domestic agenda—saying the ...

Ohio would get a flat tax The final budget maintains an income tax cut for Ohioans who earn six figures and taxes everyone making over $26,051 at 2.75%. Currently, the state taxes income over ...

That tax cut would have an even larger overall impact, reducing state tax collections by $395 million in 2025-26 and $300 million in 2026-27. “Every dollar of revenue that is foregone in ...

Treasury Secretary Scott Bessent said Wednesday, "Stablecoins can reinforce dollar supremacy," pushing back against critics who view crypto as a threat to America's currency dominance, as President ...

Bessent has claimed that cutting costs and trimming staff haven't lowered tax collection. Warren scoffs at that and insists those reductions are penny-wise and pound-foolish. Driving the news: In a ...

Senate scales back additional Trump tax cuts in its version of ‘big, beautiful bill’ by: Tobias Burns, The Hill Posted: Jun 16, 2025 / 06:27 PM EDT Updated: Jun 16, 2025 / 06:27 PM EDT ...