Initial guidance on 45Z was released on January 10, 2025. The bill introduced on January 16 would repeal the 45Z tax credit, effective on December 31, 2024. Following its introduction, the bill was ...

November 20, 2017 - Yellen tells President Trump in a letter that she will step down from the Federal Reserve’s Board of Governors when her successor is sworn in as the new chairman. February 5, 2018 ...

Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund ...

Noted hedge fund manager Scott Bessent was confirmed as 79th head of the U.S. Department of the Treasury by a vote of 68-29 ...

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

President Trump has delivered a decisive blow to the Biden administration's ambitious global tax plans, effectively rendering them null and void. In an unprecedented move, former President Trump, ...

The Treasury Department imposes sanctions on Chinese hackers accused of targeting Secretary Yellen in coordinated ...

Mr. MacBride joined the Department after eight years as a Davis Polk litigation partner, during which time he co-led the firm's White Collar Defense & Investigations practice and served as head of the ...

Mr. DiSanto is a shareholder and experienced public company director with expertise in capital allocation, corporate finance, and the debt and equity markets. Currently serves as Chairman and Chief ...

The White House budget office has ordered a pause in grants, loans and other federal financial assistance, according to a ...

U.S. Senator Tommy Tuberville (R-Ala.) and Congressman Warren Davidson (R-OH-08) have re-introduced the Repealing Big Brother ...

Canadians are saving $11 million every year because of the penny, a Canadian official told Newsweek. Could the U.S. follow?