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Scott Bessent, Trump and Russia
Trump tax cuts dominate Scott Bessent treasury secretary confirmation hearing
Scott Bessent, President-elect Donald Trump‘s nominee for treasury secretary, defended the Trump tax cuts during his confirmation hearing and said it is crucial for middle-class families that the cuts are extended.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.
Trump, Tax Cuts
Tax Cuts: High on Trump’s Agenda, Nowhere in Speech
The tax cuts that were President Trump’s top first-term legislative achievement went unmentioned in his inaugural address, even though their extension will dominate the congressional agenda this year.
Trump mum on tax cuts in inaugural address, first priority statement
President Donald Trump didn't mention tax cuts during his inaugural address despite spending months on the campaign trail talking about first-term legislative achievement: the 2017 Tax Cuts and Jobs Act.
Congress Is Gearing Up for a Fight Over Trump Tax Cuts
Tax cuts were a hallmark of Donald Trump’s first term, but the president may face a tougher challenge this time.
3d
on MSN
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
2d
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
3d
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
federalnewsnetwork.com
9d
IRS ‘prepared’ for 2025 filing season, but potential spending cuts loom for the agency
For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table ...
6d
on MSN
House GOP tax writers call for cuts ‘as soon as possible’
Republican tax writers boosted pressure on the rest of their party on Tuesday to pass tax cuts as their top legislative ...
5d
on MSN
House Republicans push to extend Trump tax cuts amid Democratic pushback
House Republicans are pushing for extensions of the 2017 tax cuts enacted by President-elect Donald Trump. Here's what to ...
4d
on MSN
Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
Hosted on MSN
3h
Trump vows trade policy of 'tariff and tax' on other countries
US President Donald Trump promised tariffs and taxes on other countries Monday, in a nationalistic inaugural address after ...
3d
on MSN
IRS Commissioner Daniel Werfel says he'll step down on Trump's Inauguration Day
IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on ...
Las Vegas Sun
11d
Cuts to IRS budget under Trump could hurt the economy
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion ...
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