US, China officials meet in Sweden as trade truce deadline looms
Top U.S. and Chinese officials negotiate in Sweden to extend their trade truce, as the Trump administration races to finalize deals before tariff deadlines expire.
SEN RAND PAUL: There are $186 billion reasons why we must audit the Fed
The Federal Reserve's unchecked power and secretive operations have led to billions in payments to banks while operating at a loss. We need more oversight.
Hopefuls eyeing Powell’s job intensify push amid Trump rift
Two of President Donald Trump's contenders to succeed Federal Reserve Chair Jerome Powell are increasing their alignment with the president in hopes to secure the nomination.
Trump confirms August 1 deadline for countries to reach trade deals or face tariff increases
Trump administration prepares trade letters as August 1 deadline approaches, with Secretary Lutnick confirming tariffs will revert to April levels without agreements.
Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair
Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for the Fed's Jerome Powell to resign.
Treasury secretary says Senate moving toward vote on Trump's megabill today despite Democrat resistance
Senate moves toward vote on Trump's megabill as Treasury Secretary Scott Bessent defends its tax cuts and Medicaid reforms amid concerns over deficit impact.
Trump blasts Powell, says any replacement would be better for refinancing $9T debt
Trump discusses plans to replace Federal Reserve Chairman Powell in a FOX Business interview, criticizing high interest rates as the U.S. faces refinancing $9 trillion in debt.
Treasury secretary reveals 'peace deals' with China as rare earth supplies set to flow
President Trump's trade talks with China have led to "de-escalation," according to Secretary Bessent, who shared new details about the tariff negotiations.
'America's Checkbook' would open the ledger on federal expenditures from pencils to the Pentagon
GOP lawmakers introduce the LEDGER Act to create 'America's Checkbook,' requiring tracking of federal spending after $4.7 trillion in uncoded Treasury disbursements
Treasury requires US financial institutions cut ties with Mexico-based banks tied to cartel money laundering
The Trump administration on Wednesday, for the first time, used a new authority to require U.S. financial institutions to cut ties with three Mexico-based banks for laundering money on behalf of cartels.
Bessent urged to stop EU’s ‘punitive’ tax grab targeting U.S. firms
EXCLUSIVE: As U.S.-EU trade talks continue, a free market group warns European digital rules unfairly target American firms while favoring Chinese companies.
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."