Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Other officials have also announced they will resign on Inauguration Day, including FBI Director Christopher Wray, Securities ...

Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...

Kristi Noem, Donald Trump’s pick to oversee the Department of Homeland Security, will appear before senators for her confirmation hearing. Follow for the latest news about Trump’s presidential ...

Scott Bessent will appear before politicians on Capitol Hill to answer questions over his stance on taxes, tariffs, trade and ...

U.S. Treasury nominee Scott Bessent is facing sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions ...

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation ...

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and ...

The fund manager will face senators at a confirmation hearing on Thursday ...