Each Cabinet-level nominee must go through a public hearing in the relevant Senate committee and then be confirmed by the ...

During the confirmation hearing for Scott Bessent in the Senate this week, Senator Michael Bennet lost it on Bessent over Trump's tax policy.

Trump’s second term agenda includes cutting ‘slackers’ from federal workforce, former OMB official says ...

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

Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...

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

Secretary of the Treasury nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden that America is not engaged in a ...

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...