Trump’s Treasury pick rejects minimum wage hike, champions tax breaks
Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to ...
Democrats urge Trump nominees to keep the IRS's free direct-tax-filing tool, touting it as a DOGE-friendly program
In a letter exclusively shared with BI, Sens. Elizabeth Warren and Chris Coons said the program "meets the DOGE leaders' ...
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash "a new economic golden age." ...
Treasury releases guidance on domestic content bonus for clean energy credits
The U.S. Department of the Treasury and Internal Revenue Service released additional guidance on the Inflation Reduction Act’s domestic content ...
Charged: Analyst says Tesla remains top ‘buy-and-hold idea’
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean ...
The Latest: Burgum, Zeldin and more appear for confirmation hearings, Bondi returns for day 2
John Wakefield, left, listens to his wife Pam Bondi, President-elect Donald Trump's choice to lead the Justice Department as ...
Trump transition live updates: Doug Burgum, Pam Bondi witnesses to attend confirmation hearings
Latest news and live updates as the Trump administration prepares for office next week. Follow live as Senate confirmation hearings continue for attorney general pick Pam Bondi.
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Confirmation hearings day 3 highlights: Doug Burgum, Scott Bessent and other Cabinet picks face Senate questions
A report published by the Treasury Department last week found that, if the provisions are extended, "the largest tax cuts would go to the highest-income families." Bessent said that being ...