Tariffs are also a source of revenue for the US government. The US collected nearly US$30 billion in tariff revenue in July ...

Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner on Thursday, days after President Trump ousted Billy Long from the position.

Lifting Treasury yields, buoying the dollar and stalling Wall Street stocks at record highs, the PPI report scotched any ...

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking charge of the organization after a period of uncertainty — six days ...

The Trump administration seems to be catching on to what has been clear for some time: The president’s claim of virtually ...

The treasury secretary is delayed in complying with a conflict-of-interest agreement to divest certain investments, including ...

Treasury Secretary Scott Bessent sought total control over the I.R.S., an agency where Mr. Long, the new commissioner, had ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Treasury Secretary Scott Bessent shares what characteristics he is looking for as he interviews candidates to succeed ...

U.S. Treasury Secretary Scott Bessent clarified Thursday he is not calling for interest-rate cuts by the Federal Reserve, ...

Trump’s emerging markets behavior, Amazon takes aim at Walmart, Bullish IPO exceeds expectations, and more news to start your ...

America will have less geopolitical and economic leverage if investors and central banks hold more kinds of currency.