President Trump celebrated a new federally-funded investment program, called Trump Accounts, aimed at giving kids a long-term financial foundation. Treasury Secretary Scott Bessent sat down with “CBS Saturday…
Read more Scott Bessent discusses Trump accounts, Federal ReservePresident Trump on Thursday threatened Canada with a 50% tariff on any aircraft sold in the U.S., the latest salvo in his trade war with America’s northern neighbor…
Read more Trump threatens Canada with 50% tariff on aircraft sold in U.S., expanding trade warU.S. Treasury Secretary Scott Bessent addressed his department’s ongoing investigation into Federal Reserve Chair Jerome Powell and the administration’s new $1,000 “Trump Accounts” for children born during President…
Read more Read the full transcript of Kelly O’Grady’s interview with Treasury Secretary Scott Bessent hereU.S. Treasury Secretary Scott Bessent on Wednesday touted the benefits of the Trump administration’s new savings program for U.S. children, telling “CBS Saturday Morning” co-host Kelly O’Grady that…
Read more Bessent touts Trump Accounts as rainy day fund and slams critics asThe U.S. stock market plunged on Tuesday after President Trump threatened to impose fresh tariffs on European trading partners over the weekend, one of the latest developments in…
Read more Dow drops 870 points after Trump threatens European allies with tariffs over GreenlandU.S. Treasury Secretary Scott Bessent announced the creation of a new IRS task force and other measures to combat fraud, underscoring the Trump administration’s focus on Minnesota amidst…
Read more U.S. Treasury Secretary pushes for Minnesota fraud crackdown as tensions over ICE efforts flareTreasury Secretary Scott Bessent on Wednesday unveiled the new website for the Trump Accounts program, a tax-deferred investment vehicle for American children. He also announced a new Trump…
Read more Bessent unveils new Trump Accounts website as part of push to encourage saving for childrenTreasury Secretary Scott Bessent wants to overhaul a federal regulatory group, launched following the 2008 housing bust, that is tasked with safeguarding the U.S. financial system. The 15-member…
Read more Bessent calls for overhaul of regulator tasked with spotting systemic financial risksThe U.S. imposed sanctions on three nephews of Venezuelan President Nicolás Maduro on Thursday, as well as half a dozen ships accused of carrying oil from the country,…
Read more U.S. sanctions 3 of Maduro’s nephews, 6 oil tankers as Venezuela pressure campaign buildsAs President Donald Trump announced a $12 billion farm aid package this week to help U.S. farmers hurt by tariffs, he placed responsibility for the U.S. agricultural trade…
Read more FACT FOCUS: Trump blames Biden for the agricultural trade deficit. It’s not that simpleBy Michael S. Derby (Reuters) -U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve’s system of managing interest rates is struggling and needs to be simplified.…
Read more US Treasury secretary takes aim at Fed’s interest rate control systemScott Bessent knows an inflationary idea when he hears one. Photo: Win McNamee/Getty Images During both his presidential terms, Donald Trump has longed to make Americans happy by…
Read more Treasury Secretary Hopes You Don’t Cash Trump’s $2,000 Checks(CNN) — President Donald Trump on Friday signed an executive order that retroactively lowers tariffs on beef, tomatoes, coffee and bananas, among other agricultural imports, backdated to Thursday. The…
Read more Trump lowers tariffs on coffee, beef and fruits, as Americans’ concerns about affordability growPresident Donald Trump is “committed” to sending Americans $2,000 dividend checks, White House press secretary Karoline Leavitt said. Speaking to reporters at the White House on Wednesday, Leavitt…
Read more Donald Trump stimulus check update: White House “committed” on $2K paymentsWASHINGTON (AP) — President Donald Trump is adjusting his messaging strategy to win over voters who are worried about the cost of living with plans to emphasize new…
Read more Trump is ramping up a new effort to convince a skeptical public he can fix affordability worriesWASHINGTON (AP) — President Donald Trump boasts that his tariffs protect American industries, lure factories to the United States, raise money for the federal government and give him…
Read more What to know about Trump’s plan to give Americans a $2,000 tariff dividendOver the weekend, President Donald Trump promised Americans $2,000 each from the “trillions of dollars” in tariff revenue he said his administration has collected. During his second term,…
Read more What to know about Trump’s $2,000 tariff dividend proposalWASHINGTON (AP) — President Donald Trump has warned that the United States will be rendered “defenseless’’ and possibly “reduced to almost Third World status” if the Supreme Court…
Read more Trump has other tariff options if the Supreme Court strikes down his worldwide import taxesWASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed. An email…
Read more IRS Direct File won’t be available next year. Here’s what that means for taxpayersPresident Donald Trump’s meeting Thursday with China’s top leader Xi Jinping produced a raft of decisions to help dial back trade tensions, but no agreement on TikTok’s ownership.…
Read more China says it will work with US to resolve issues related to TikTok