The provision would grant Trump the authority to tax foreign holdings of US investments as a way to retaliate against ...

Treasury Secretary Scott Bessent said the Group of 7 had agreed that penalties related to a 2021 “global minimum tax” deal ...

The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...

The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign ...

Congressional Republicans agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill ...

As Treasury chief, Mr Bessent would traditionally play a key role in the search and interview process for the next Fed chair. It is unclear if he would recuse himself as Mr Trump begins to make ...

Alberta’s government has quietly transferred responsibility for its communications wing to the premier’s office, greatly ...

The latest set of results represented the second-highest May borrowing figure since records began more than 30 years ago.

The Senate parliamentarian has advised that a Medicaid provider tax overhaul central to President Donald Trump’s tax cut and ...

Rep. Linda Sanchez accused Treasury Secretary Scott Bessent of interrupting her due to gender during a House Ways and Means Committee hearing on Trump administration tariffs.

Treasury Secretary Scott Bessent’s talk at an off-the-record and invitation-only event sponsored by JPMorgan Chase & Co. has drawn scrutiny this week from those who think the Trump ...