In a surprising move, President Trump is replacing IRS Commissioner Billy Long just two months after his confirmation, nominating him as U.S. ambassador to Iceland. This shake-up raises questions about the future of tax policies and leadership at the IRS.
A significant surge in U.S. customs duty collections, fueled by President Trump's tariffs, has pushed revenues over $100 billion for the first time, creating a surprising budget surplus. The numbers hint at a new era in U.S. trade policy.
House Republicans' spending bill and rising tariffs may slightly reduce the budget deficit, but experts warn of an unsustainable debt trajectory. With the national debt nearing $36 trillion, tough fiscal decisions loom on the horizon.
President Trump expresses disdain for Fed Chair Jerome Powell, hinting at a potential replacement with Kevin Warsh. As speculation grows, what does this mean for monetary policy and inflation?
In a recent Fox News interview, Elon Musk and his team pitched their plan to transform America's fiscal landscape, facing criticism from Democrats about potential cuts to crucial services. Can Musk really save the economy?
A federal judge has temporarily barred Elon Musk and his team from accessing sensitive Social Security records, citing privacy concerns. The ruling restricts individual-level data access while allowing redacted information for broader analysis.
In a stunning legal reversal, the Trump administration must rehire nearly 25,000 federal workers after judges deemed their terminations illegal. This move could reshape the federal workforce and impact unemployment claims.
In a controversial decision, the Trump-endorsed Treasury Department announces the suspension of anti-money laundering law enforcement, affecting millions of businesses. This move has sparked debate over financial regulations and transparency.
In a significant move, the Trump administration has halted the enforcement of a key Treasury rule requiring shell companies to disclose their owners. This decision is part of Trump's agenda to ease regulations for small businesses. Critics argue it undermines efforts against corporate corruption.
In a surprising move, the U.S. Treasury announced it will not enforce penalties related to the controversial beneficial ownership information reporting requirements for millions of businesses. This decision, part of the Corporate Transparency Act, raises concerns over national security and the fight against illicit finance.
