Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...

Secretary of State Marco Rubio unveiled a massive overhaul of the State Department on Tuesday, with plans to reduce staff in ...

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

Treasury Secretary Scott Bessent said on Tuesday that he thought an extension of President Trump’s 2017 tax cuts could be ...

Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and he expects a ''de-escalation'' in the trade war between the world's two ...

A new letter to Scott Bessent accuses President Donald Trump of usurping the authority of Congress and U.S. courts since ...

Trump has managed to reshape the economy through executive power, largely bypassing the Republican-controlled Congress. He ...

Former Treasury Secretary Larry Summers said on Thursday that Treasury Secretary Scott Bessent should resign before he ...

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable ...

The economic effects of new trade wars could be hard for the United States to dodge even if talks yield new deals soon.