Treasury Department
- Will Kevin Warsh Do What Trump Wants? - Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates.
- Trump Sues I.R.S. Over Tax Data Leak, Demanding $10 Billion - The president charged that the I.R.S. and the Treasury Department had failed to prevent a former I.R.S. contractor from gaining access to documents shared with news outlets.
- Five Questions for Jerome Powell, the Fed Chair - Succession drama, legal intrigue and political independence: These are top issues that DealBook would ask of the Federal Reserve chairman.
- Bessent Attended a Supreme Court Argument. Now He’s Telling Powell Not to. - Treasury Secretary Scott Bessent said it was a mistake for Jerome Powell to attend arguments in a case on Fed independence. But Mr. Bessent attended a tariff case.
- Big Plan for Fannie and Freddie I.P.O. in Flux as Trump Pushes Affordability - Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is no firm plan for how to take the giant mortgage firms public.
- A Seized Oil Tanker and the Big Business of Dark Fleet Smuggling - The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.
- Bessent Accelerates Regulation Overhaul to Jumpstart Growth - The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”
- Bessent Divested From Soybean Farms After Ethics Office Warning - The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.
- Fed Pick Puts Pressure on Bessent to Deliver for Trump - Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.
- For ‘No Tax on Tips,’ the I.R.S. Gets Intimate - The Trump administration wants to exclude earnings from “pornographic activity” from a new tax break for tips. Will the I.R.S. know it when it sees it?