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Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...
"This bill was a great bill for the American people. It was the largest tax cut for middle and working class families in our nation's history, and the president wants to see this country get our ...
U.S. Treasury Secretary Scott Bessent on Thursday asked Republicans in Congress to remove a "retaliatory tax" proposal that targets foreign investors from their sweeping budget legislation, as ...
The Big Beautiful Bill, officially signed into law on July 4, makes major changes to the tax code this year. After significant jaw-boning and contentious debate, President Donald Trump successfully ...
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Bessent calls for review of "the entire" Federal Reserve
The Trump administration pressure campaign on the Federal Reserve is heating up, with Treasury Secretary Bessent calling for a review of the entire central bank. Ernie Tedeschi and Justin Wolfers ...
Treasury Secretary Scott Bessent criticized former Treasury Secretary Larry Summers on Monday, calling his recent television comments about Trump’s tax legislation “shockingly callous” and demanding a ...
The struggle for words comes as experts try to wrap their heads around the legislation, signed into law a little more than two weeks ago. Much of the law was written in secret and didn’t get a lot of ...
In his testimony, Bessent committed to maintaining the IRS’ Direct File program — which allows taxpayers to file their returns directly to the IRS for free — at least for the 2025 tax season ...
Sen. Joni Ernst, R-Iowa, has asked Treasury Secretary Scott Bessent for the IRS to improve its technology so that people starting a business can apply for an employer identification number 24/7.
In his testimony, Bessent committed to maintaining the IRS’ Direct File program — which allows taxpayers to file their returns directly to the IRS for free — at least for the 2025 tax season ...
The program provides a way for people to file their taxes for free and is available in 25 states this tax season, which starts Jan. 27. Many Republicans want to shut down the IRS platform. The tax-s ...
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