The shakeup stems from a clash between Treasury Secretary Scott Bessent and Elon Musk, according to media reports.

President Donald Trump has replaced the acting IRS commissioner just days after he appointed him. The new acting head is ...

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his ...

The US took steps to impose levies on Chinese ships that dock at US ports, escalating the trade war between the world's two ...

Acting IRS Commissioner Gary Shapley is departing the agency amid disagreements between Treasury Secretary Scott Bessent and ...

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...

Janet Yellen remains wrong on a host of issues — including inflation, sanctions enforcement and U.S. interest rates.

President Trump signaled he was open to negotiations with trading partners this week, even as the US took steps to escalate its fast-moving trade war with China. On Thursday, Trump struck an ...

He is married to a former New York prosecutor with whom he has two children through surrogacy. In London, he socializes with ...

US stocks fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over ...

President Donald Trump's top economic adviser on Monday said the U.S. is close to deals with more than 10 trading partners.

As we’ve been reporting, US Vice-President JD Vance says there is a “good chance” that the US and UK will come to a mutually beneficial trade agreement, in comments released overnight. He told news ...