President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Economists say a full ...

Staffers for Elon Musk’s Department of Government Efficiency are constructing a "deportation machine" using the sensitive ...

How do we know that the president’s claims about tariff revenue are false? Because of the evidence provided by his own ...

Billionaire Elon Musk and US Treasury Secretary Scott Bessent got into a fierce argument in the presence of President Donald ...

Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue Service, along with other changes, are likely to incentivize reduced tax-payment ...

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his ...

The idea may sound appealing, but economists who spoke to USA TODAY say Trump's tariffs ... adjusted gross income in 2022, according to Internal Revenue Service data. Meanwhile, the U.S. imported ...

US stocks surged Tuesday (April 22) as optimism grew over a potential easing of trade tensions between the U.S. and China.

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...