In a brief filed with the court, former Fed chairs and U.S. Treasury secretaries cautioned of erosion in public confidence in the Fed’s independence.
Category: Treasury Department
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U.S. Pledges Support for Argentina’s Economy and Javier Milei
Treasury Secretary Scott Bessent said “all options” are under consideration to help President Javier Milei.
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IRS Official Sues Agency, Accusing It of Leaking Private Data to Fox News and Others
Holly Paz was among officials scrutinizing tax shelters before she was placed on leave and Fox News reported she had been fired.
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Top Bessent Aide, Daniel Katz, Expected to Be Tapped as No. 2 at I.M.F.
The appointment would come as the Trump administration has called for sweeping reforms at the global economic institution.
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Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters
The Treasury Department is rolling back efforts to shut down aggressive strategies used by America’s biggest multinational companies and wealthiest people.
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Ken Griffin Speaks Out Against Trump’s Attacks on the Fed
The criticism from the hedge fund billionaire and Trump voter is a rare rebuke of the president by a corporate leader.
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The Auctioneer and the Treasury Chief: How Billy Long Fell Short at the I.R.S.
Treasury Secretary Scott Bessent sought total control over the I.R.S., an agency where Mr. Long, the new commissioner, had started to put his own mark on the job.
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U.S. Ethics Agency Warns Bessent Over Conflicts of Interest
The Treasury secretary has been slow to divest assets, including farmland, that he pledged to shed.
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Trump Warns of Economic Disaster if Court Strikes Down Tariffs
The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle.
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Who Pays for U.S. Tariffs, and Where Does the Money Go?
President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works.