Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner Thursday, days after President Trump ousted Billy Long from the position.

The US government will use its 15% sales tax on NVIDIA and AMD chips sold to China to pay down US debt, in a new strategic ...

The administration first highlighted that the chips had been suitably "tailored", leaving no room for security concerns. When ...

President Donald Trump's controversial plan to take a cut of revenue from chip sales to China has US companies reconsidering ...

Crypto campaign cash is looming over former Banking Chair Sherrod Brown’s Senate comeback bid in the Buckeye State.

Treasury two-year yields dropped five basis points to 3.68%. The dollar fell against most major currencies. While the S&P 500 ...

Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.

Days before winning his second presidential term, Donald Trump made a bold promise: if he returned to the White House, he ...

Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...

Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: ...