President-elect Donald Trump has created a headache for the Federal Reserve before he's even stepped into office. Inflation, part of the Fed's dual mandate of maintaining price stability with maximum employment,
Donald Trump will enter office with big plans to make his 2017 tax cuts permanent, solve a generational migration crisis, beef up the U.S. military to face down a rising China and to remake world trade through tariffs and combative negotiation.
Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
One of the most important lessons about Donald Trump’s 2924 election victory is that, in foresight, it was predictable long before election day.
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do the opposite.
The nonprofit SAFE released a blueprint for President-elect Donald Trump to close funding gaps for critical mineral projects and counter China.
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
President Joe Biden looked back at his time in the Oval Office as a period of "hope, progress, and possibility," he said.