All eyes are on the Senate as a skeptical Republican caucus moves forward on the "Big, Beautiful Bill" – and action is ...

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It’s crunch time for negotiations over the state and local tax (SALT) deduction cap. After a high-stakes meeting with ...

House Republicans from high-tax states remain at loggerheads with the Senate GOP over limits on the state and local tax ...

Treasury Secretary Scott Bessent said House and Senate Republicans can cut a deal on the state and local tax deduction within ...

Scott Bessent and Pete Hegseth testify before Congress on the 2026 fiscal budget. ... SALT cap in limbo as House and Senate GOP fail to reach deal on 'big, beautiful bill' ...

US Treasury Secretary Scott Bessent is testifying before the House Ways and Means Committee, where he is answering questions about US–China trade talks, the "big, beautiful" tax and spending ...

Treasury Secretary Scott Bessent said the U.S. “is never going to default” as the deadline for increasing the federal debt ceiling gets closer.

Treasury Secretary Scott Bessent said the US “is never going to default” as the deadline for increasing the federal debt ceiling gets closer. “That is never going to happen,” Bessent said ...

Senate Republicans are reportedly pushing for revisions to House provisions concerning state and local tax (SALT) caps, green energy tax breaks, and expiring tax cuts. The current debt ceiling, ...

Treasury Secretary Scott Bessent on Tuesday reassured attendees of a closed-door JPMorgan investor summit that he expects the trade war with China to de-escalate, according to people in the room ...

Treasury Secretary Scott Bessent hinted the Federal Reserve ought to consider cutting rates by pointing to how shorter-dated Treasury yields, which are sensitive to monetary-policy expectations ...