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Alan Rappeport and Colby Smith
Posts
Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks for its next leader.
G7 Backs Plan for ‘Side-by-Side’ Tax System to Avoid U.S. Fight
American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American…
Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
Americans’ Reaction to Trump’s Tariffs Vary From Worried to Enthused
Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.
Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.