The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

Democratic Congressmembers Judy Chu and Gwen Moore confronted House Speaker Mike Johnson Wednesday, showing up at his office ...

Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus “as soon ...

Separately, the Labor Department said that U.S. productivity decelerated to a 1.2% annual growth rate during the fourth quarter, down from a 2.3% rise in the prior three-month period.

While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...

Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of ...

The agreement came in response to a lawsuit accusing Treasury of committing an "unlawful action" by giving private info to ...

In the gap between rhetoric and action, plenty of space exists for others, including his own advisers, to impose their own ...

Qualcomm earnings beat Wall Street expectations, as revenue jumped. But IP licensing revenue missed estimates and stock fell 4.8%. Skyworks Solutions plunged after it said it expected its share of the ...

Scott Bessent stressed that Trump’s focus is on lowering the 10-year Treasury yield, not pushing the Fed for rate cuts. The "3-3-3" plan aims to cut the deficit to 3% of GDP, increase oil output by 3M ...

WASHINGTON—House Republicans, struggling with their narrow majority and lawmakers’ demands for spending cuts, are considering an extension of President Trump’s expiring tax cuts that would last for as ...