Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day."
Bessent Wants to Use AI to Boost Tax Collections
More than any other nominee, Bessent’s responsibilities are at the heart of Trump’s economic agenda, and he can expect probing questions from the committee’s members, all of whom are well-versed on financial matters and have strong opinions on trade, taxes, debt, sanctions and other areas under Treasury’s remit.
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment ...
Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could ...
Washington last year failed to deliver revived tax breaks for businesses that have bipartisan support, including a key one ...
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
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The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
The first question from Sen. Ron Wyden, the ranking Democrat, is about the future of IRS Direct File. The program provides a way for people to file their taxes for free and is available in 25 states ...
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...
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