US Treasury Secretary Scott Bessent is working double time on a new Trump tax plan — when he isn't navigating tariff policy.

Bessent declined to comment on if he would be willing to let tax cuts on the wealthy expire to help fund the plan. "I think that we're looking at everything. So, we're looking at a range of ...

The Treasury secretary is seen as a moderating influence on President Trump. But he’s on a mission to disrupt government as ...

Bessent suggested that Trump's tariffs were getting outsized attention while markets were overlooking positive developments relating to deregulation and tax-cut legislation coming later this year.

Republicans in the White House, Senate and House are drafting analyses on how best to craft a new tax bracket for the ...

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury Department data released ...

Trump administration plans Powell’s replacement amid tariff-induced economic challenges, aiming for a Fed Chair aligned with economic goals.

S. President Donald Trump said Thursday that Federal Reserve Chair Jerome Powell’ s termination “cannot come fast enough” as ...

US Treasury Secretary Scott Bessent emerged from this week’s market ructions as a perhaps-unexpected lead trade negotiator, ...