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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Treasury Secretary Says Trump Accounts Could Pave Way to Privatizing Social Security

Treasury Secretary Scott Bessent’s comments about the safety net program ventured onto the so-called third rail of American politics.

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U.S. Imposes Sanctions on Brazilian Judge Overseeing Bolsonaro Coup Case

Justice Alexandre de Moraes, who has been in the cross-hairs of the Trump administration, will face sanctions in a significant escalation of pressure on Brazil.

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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.

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Investment Fund Seals Trade Deal for Japan and Expands Trump’s Influence

President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.

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He Helped Big Companies Dodge Taxes. Now He’s Writing the Rules.

Ken Kies, a longtime tax lobbyist who worked for some of the world’s largest businesses, is now running the Treasury Department’s office that will administer Trump’s tax law.

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Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify

The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks for its next leader.

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Why China Isn’t Lecturing Trump About His Costly Bill

Beijing has a history of warning Washington about the safety of its Treasury holdings. This time it may have reasons to stay silent, at least publicly.

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