Fed, pace” Bessent
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The One Big Beautiful Bill Act, which President Donald Trump signed into law in July, created the conditions for massive refunds starting this tax season. The legislation wasn't just about tweaking rates or tinkering with deductions.
Treasury Secretary Scott Bessent said that American households could receive substantial $1,000-$2,000 tax refunds in early 2026 under OBBBA tax law changes.
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
The U.S. Treasury’s top markets watchdog is about to change how Washington thinks about “systemic risk,” and crypto could be one of the biggest winners.
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Scott Bessent says real affordability relief, 'substantial drop' in inflation coming soon
Treasury Secretary Scott Bessent predicts inflation relief and tax refunds for Americans in 2026, forecasting a "bountiful" economic year ahead for Main Street and Wall Street.
Treasury Secretary Scott Bessent said "very large refunds" were coming to Americans next year as a result of tax changes.
Get insights on the upcoming Fed chair selection, economic growth forecasts, and inflation trends for 2025-2026.
Treasury Secretary Scott Bessent slams Democrat-led states for blocking Trump's tax relief legislation, calling it "political obstructionism."
The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.