WASHINGTON—Tariffs, tax policy and budget deficits look likely to dominate Thursday’s confirmation hearing for Scott Bessent, ...

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from Democrats on tax policy, tariffs, China, Russia ...

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from ...

Former U.S. Assistant Secretary of State for Economic and Business Affairs weighs President-elect Trump's plan to establish ...

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

Scott Bessent to say at his confirmation hearing that Donald Trump has opportunity to unleash “new economic golden age.” ...

President-elect Trump plans to create an External Revenue Service that would collect tariffs from U.S. importers, with ...

U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...

Canada's energy minister came to Washington this week to warn U.S. lawmakers that President-elect Donald Trump's threatened tariffs would inflict economic pain on Americans, with higher prices and job ...

Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...

The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.