Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...

In 2023, a Tax Court judge sided with the IRS’ interpretation and held that owners of limited partnerships, like Bessent’s hedge fund, are not exempt if they work for the firm and run it full time.

Now that Treasury Secretary Scott Bessent is securely ensconced within Donald Trump’s administration, he is dragging his feet ...

A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the ...

President Donald Trump loves offering outlandish ideas and then repeating them until they start to become mainstream — even ...

Video Quality Speed 00:00 02:01 President Trump faces criticism from MAGA base over comments on American workers These ...

Back in 1793, a penny could get you a biscuit, a candle or a piece of candy. These days, many sit in drawers or glass jars and are ...

Treasury Secretary Scott Bessent on Wednesday accused Democrats of engineering the record U.S. government shutdown to damage ...

Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., made their core shutdown argument about expiring ...