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 ...

WASHINGTON (AP) — The Social Security Administration’s annual cost-of-living adjustment will go up by 2.8% in 2026, translating to an average increase of more than $56 for retirees every month, agency ...

The government shutdown has stretched into a new week, and little headway is expected over the next few days as President Donald Trump meets with foreign leaders on a nearly week-long trip. The ...

After President Donald Trump suggested that he would give most Americans a $2,000 direct payment courtesy of tariff revenue, ...

Thanks to President Donald Trump’s tariff wars, China has essentially stopped buying American soybeans, dealing a significant financial blow to American farmers. China used to purchase 54 percent of ...

U.S. Treasury Secretary Scott Bessent disputed NBC "Meet The Press" anchor Kristen Welker’s suggestion Sunday that President Donald Trump is responsible for prolonging the ongoing government shutdown.

Treasury Secretary Scott Bessent said Sunday that additional 100% tariffs on China are "effectively off the table" after a "very good two-day meeting" with Beijing's top trade negotiator. "I'm not ...

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