Senate passes landmark crypto legislation as banking chairman touts ‘historic day’
Senate Banking Chairman Tim Scott applauded the passage of the GENIUS Act in an exclusive interview with Fox News Digital.
Trump administration says blue-collar wages rising fastest in more than 50 years
The Trump administration is touting new data from the Treasury Department showing blue-collar wages are up more in the first five months than any administration since 1968.
Treasury chief says 'remains to be seen' if Trump tax bill will add to $36T national debt
Treasury Secretary Scott Bessent is on Capitol Hill testifying before the House Ways & Means Committee hearing.
US, China reach 'framework' to implement trade deal, Lutnick says
Two days of trade talks between the U.S. and China in London resulted in an agreed-upon "framework" to implement a trade deal reached last month, Lutnick says.
Bessent condemns Newsom's 'dangerous' threat to withhold $80B in federal taxes amid trans athlete controversy
Treasury Secretary Bessent warns California Gov. Newsom that withholding federal tax payments over Trump's proposed transgender athlete fines would constitute tax evasion.
Trump says his tariffs aim to promote US production of tanks, not T-shirts: 'We want to make big things'
President Donald Trump said his tariff policy seeks to encourage the domestic manufacturing of tanks and technology products, not T-shirts and sneakers.
How Trump's tax bill will affect your money
President Donald Trump's tax bill will affect how you earn and save money and includes potential new deductions and changes to government programs, including Medicaid and food stamps.
Scott Bessent says Trump wants to 'light a fire' under Apple, EU with new tariff threats
U.S. Treasury Secretary Scott Bessent goes behind-the-scenes on President Trump's new tariff threats on the EU and Apple, announced just minutes apart from one another.
Bessent says Walmart will absorb 'some tariffs' after speaking with retailer's CEO
Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb "some of the tariffs."
Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.
US has yet to launch trade negotiations with China, Treasury secretary says
The U.S. has not yet kicked off any trade negotiations with China, as both Washington, D.C., and Beijing have slapped steep tariffs against each other’s imports.
Trump's tax cuts: Where we stand
Treasury Secretary Scott Bessent says a tax bill that will extend the Tax Cuts and Jobs Act of 2017, put in place during President Donald Trump's first term, is on pace to be completed by July,
Treasury Secretary Bessent signals US advantage in tariff battle as China's economy crumbles
Treasury Secretary Scott Bessent is "confident" that China wants to reach a trade deal as the U.S. adversary's economy shows signs of slowing down to "devastating" lows.