Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

In a joint court filing intended to end an ongoing case against the IRS, the tax collection agency and the National Religious ...

U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance ministers and central bank governors meeting in South ...

President Trump again said Powell should resign immediately, repeating a call he made last week, and noted that 'it’s OK with ...

The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and ...

Secretary Brooke Rollins said Tuesday that the department would no longer allow “Chinese nationals” and other foreign adversaries to purchase farmland ...

President Trump signed an executive order to end subsidies for wind and solar energy, promoting energy independence and ...

The Yale Budget Lab noted that the letters sent Monday would hike the effective tariff rate on U.S. consumers to the highest ...

The Trump administration will no longer consider Syria’s Hay’at Tahrir al-Sham (HTS), the group led by Syria’s interim president, a foreign terrorist organization, according ...

Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.

Updated on: November 23, 2024 / 10:32 AM EST / CBS News President-elect Donald Trump is selecting hedge fund CEO Scott Bessent to be Treasury secretary, he announced Friday.