Treasury Secretary Scott Bessent has informed lawmakers that the debt issuance suspension period has been extended to July 24. ... Urges Congressional Action Ahead Of August Recess.

If the biggest hurdle corporate America has faced thus far is uncertainty, its worries might be over. The Trump agenda bill ...

The Big Beautiful Bill, officially signed into law on July 4, makes major changes to the tax code this year. After significant jaw-boning and contentious debate, President Donald Trump successfully ...

Trump urged Senate Majority Leader John Thune to cancel the August congressional recess to allow for the confirmation of his ...

The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep ...

In a CNBC interview, Treasury Secretary Scott Bessent suggested for a review of the Federal Reserve that would go beyond the ...

With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...

WASHINGTON >> President Donald Trump urged fellow Republicans in the U.S. Senate on Tuesday to advance his sweeping tax-cut and spending bill, as party hardliners and moderates squabbled over proposed ...

Treasury Secretary Scott Bessent asked congressional leadership to remove a provision from the Republican tax legislation that would give the Treasury Department the ability to implement a so ...

Treasury Secretary Scott Bessent announced Thursday that he’ll ask Congress to ditch the tax ... Congress created its own global minimum-tax regime in the 2017 Tax Cuts and Jobs Act, ...

Bessent asks Congress to drop 'retaliatory' tax as Republicans struggle to rewrite bill. Bo Erickson, David Morgan and Andy Sullivan. Thu, June 26, 2025 at 2:07 PM UTC. 4 min read.

A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially projected to rise by $4 trillion according to the report.