IRS Lost 31% of Tax Auditors in DOGE Downsizing, Report Says
IRS lost 31% of auditors from buyouts and layoffs tied to Musk’s DOGE departures that are likely to hamper agency’s ability to go after tax cheats.
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'Why Would I do That?': Trump Again Rules Out a Powell Ouster at the Fed
Trump appeared to put to rest any lingering concerns that he might fire Federal Reserve Chairman Jerome Powell.
Japan Says No Plan to Threaten Treasuries Sale in US Trade Talks
Japan has no plans to threaten to sell $1 trillion-plus holdings of U.S. Treasuries, its finance minister said on Sunday, clarifying earlier remarks.
Bond Traders Swing to Powell’s Side as Trump Calls for Rate Cuts
Minutes after the April employment report hit early Friday Trump seized on surprisingly strong job growth to ratchet up pressure on Fed Chair Powell.
Shrinking GDP and Elevated Inflation Put Fed in Tough Spot
The Federal Reserve is in a tough spot following new data Wednesday reinforcing slower economic growth and higher inflation during the first quarter.
Bessent: US and China Tariffs Need to Come Down Before Talks Can Start
Treasury Secretary Scott Bessent denied that the Trump administration is considering unilaterally slashing steep tariffs on Chinese imports.
Who Could Replace Jay Powell as Fed Chair — Whenever it Happens
Trump has been thinking about firing Federal Reserve Chair Jerome Powell for some time. But who would replace him, if it happens?
