Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing ...

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

The possibility that President Donald Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott ...

Thus, Baby Boomers are the largest population among that age group of consumers. Baby Boomers, who will receive the $25,000 Consumer Tax Cut at the time of retirement, once they start receiving Social ...

Fresh off passage of the “One Big Beautiful Bill,” several conservative organizations and Republican lawmakers are preparing ...

The Akron Democrat's "Get Your Money Back Act" would make the free tax filing program permanent nationwide, challenging Republican claims that it creates redundancy.

In a wide-ranging interview with Yahoo Finance Senior Reporter Jennifer Schonberger, US Deputy Treasury Secretary Michael ...

More than 90 Democratic lawmakers filed a brief with a federal court this week telling it to block an agreement between the ...

Scott Bessent took a dig at Elon Musk, saying he believes the boards at Musk’s companies want him back because he’s better at ...

The GOP victory lap imposed huge pressure on Democrats to finally step up with an effective political strategy to take on an ...

In addition to the security offered by Gold as a tangible asset, millennials are taking full advantage of the Roth IRA's tax ...

Scott Bessent confirmed a new Fed chair could be announced by October, with Powell’s replacement taking over by May 2026. The Senate tax bill will include an 11% cut to non-discretionary spending and ...