Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he ...

President Donald Trump’s tariff plans are the great unknown in the global economy right now — and it’s partly because his team is still trying to figure out what to do.

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund ...

For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...

Despite all the discussion of spending cuts under the new unified GOP control in Washington, two words that President Trump did not utter even ...

The U.S. Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and ...

Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of ...

Discover the wealthy composition of Trump's cabinet. Billionaires and mega-millionaires play key roles in his Republican ...

Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund ...