The longer the Direct File tax-prep program sticks around, the harder it is to end it, critics worry . It was soon after the start of Scott Bessent's confirmat ...

The longer the Direct File tax-prep program sticks around, the harder it is to end it, which is what critics fear — and supporters want ...

Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would "demand" lower interest ...

President-elect Donald Trump (R) announced hedge fund manager Scott Bessent as his nominee for secretary ... maintaining the U.S. Dollar as the Reserve Currency of the World." [2] Bessent received a ...

President Trump wasted no time in getting to work on his first day in office with a range of executive orders but the fiscal ...

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some ...

Trump's pick for treasury secretary commits to a thorough and careful recapitalization and release process for Fannie Mae and ...

This article was updated to correct Sen. Ron Wyden’s (D-Ore.) role on the Senate Finance Committee The Senate Finance ...

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

The pendulum is fast moving back in favour of business as the incoming US president fills the world’s most powerful economic roles.

Some of Donald Trump's picks for his cabinet are expected to be confirmed by the U.S. Senate this week after the chamber held ...

Mr. Bessent and Stephen Miran, Mr. Trump’s choice to lead his Council of Economic Advisers, have argued that broad-based ...