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Trump has said Musk is unhappy because the measure, which Trump signed into law on Friday, takes away green-energy credits ...
As of July 3, 2025, the U.S. national debt stands at $36.2 trillion. Much like bank loans, the national debt has interest ...
Financial coercion gives U.S. policymakers a powerful, low-cost lever, but each time the dollar is weaponized, it also incentivizes foreign actors to consider de-dollarization.
The Congressional Budget Office reported the House’s version of the "big, beautiful bill" would add $6 trillion to the debt, then the Senate version was projected to add $3.3 trillion.
After days of Republican drama, the House on Thursday passed President Donald Trump's sweeping tax cut and spending bill, ...
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
On July 5th, 1865, the United States Secret Service was formed as part of the Department of Treasury. It was originally ...
Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...
On a late February evening, President Trump sealed the deal for the first vote on his “one big, beautiful bill” with a ...
Ben Harris is director of economic studies at the Brookings Institution and the former chief economist at the Treasury ...
The US sanctioned Mexican financial institutions for allegedly laundering drug money, straining its crime-fighting ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
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