Politics Jan 27 Senate confirms Scott Bessent as treasury secretary Bessent will now have the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth.
Politics Jan 16 WATCH: Scott Bessent testifies at Senate confirmation hearing for treasury secretary U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.
Nation Jan 08 IRS improved taxpayer services but slow to resolve identity theft, independent watchdog says An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act but is slow to resolve certain identity theft cases.
Politics Jan 06 Biden urges incoming Democratic lawmakers to reach across the aisle during Trump's term President Joe Biden is calling on incoming Democratic lawmakers to always be mindful of other people's perspectives — even when they may be wrong.
Politics Jan 05 Biden signs bill that raises Social Security payments for millions of Americans President Joe Biden on Sunday signed into law a measure that boosts Social Security payments for current and former public employees, affecting nearly 3 million people who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs.
Politics Jan 04 WATCH: Biden honors Hillary Clinton, Bill Nye, Magic Johnson and others with Medal of Freedom President Joe Biden will bestow the Presidential Medal of Freedom to 19 of the most famous names in politics, sports, entertainment, civil rights, LGBTQ+ advocacy and science.
Politics Jan 03 WATCH: White House holds news briefing as Biden plans visit to site of New Orleans attack The White House says the president and first lady will travel to New Orleans on Monday to "grieve with the families and community members impacted by the tragic attack."…
Politics Jan 03 Biden blocks Nippon Steel's $15 billion proposal to purchase Pittsburgh-based U.S. Steel President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied…
Politics Dec 13 IRS recovers $4.7 billion in back taxes, braces for cuts under Trump and GOP majority The collections included $1.3 billion from high-income taxpayers who did not pay overdue tax debts and $2.9 billion related to IRS Criminal Investigation work into crimes like drug trafficking and terrorist financing. Despite its gains, the future of the agency's…
Politics Nov 30 Trump threatens 100 percent tariff on BRICS nations if they try to undermine U.S. dollar His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.