Trump administration

Bessent said the Internal Revenue Service would be largely spared from DOGE's cost-cutting — at least until after the April 15 filing deadline.

In just two weeks as Treasury chief, Scott Bessent has seen plenty of turbulence.

The head of the National Treasury Employees Union calls the move a "bait-and-switch."

When Elon Musk's team gained access to the computer network where data of nearly every American is stored, it caused alarm across the country.

The last Trump administration placed limits on new federal regulations, and it seems reasonable to expect more of the same.

There are 20 states that have sovereign wealth funds, generally funded by commodities or land, that might serve as models.

Bessent is expected to be a key advocate for the Trump administration's much-anticipated tax cut package.

A $400 billion green bank for clean energy projects and a consumer tax credit for electric vehicles are being reviewed under a government-wide spending freeze.

The administration fired an opening shot in an upcoming constitutional fight over his ability to unilaterally halt spending approved by Congress.

Senate Republicans would like to do a large bill on immigration and energy first and then tackle tax reform in a second bill. House Republicans prefer one large bill.