5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...
Employer Group Sues to Block Biden Rules on Mental Health Benefits
The suit argues new regulations overstep 2008 law requiring mental-health treatment be covered on par with other medical care ...
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IRS commissioner to step down before his term ends, letting Trump advance his own pick
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Supreme Court upholds law banning TikTok if it’s not sold by its Chinese parent company
The decision came against the backdrop of unusual political agitation by President-elect Donald Trump, who vowed that he ...
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Final regs address taxes on gifts to taxpayers from ex-U.S. citizens, residents
The final regulations implement Sec. 2801, added to the Code in 2008, and follow up on proposed regulations issued 10 years ago.
CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...