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Trump pushes Senate to pass his tax bill this week to make his first-term tax cuts permanent

Trump pushes Senate to pass his tax bill this week to make his first-term tax cuts permanent

The White House, under President Donald Trump, is making an aggressive push to pass a major tax bill this week, while the US current account defici...
Tax cut for private credit funds to slash $10.7B in revenue

Tax cut for private credit funds to slash $10.7B in revenue

US lawmakers are deliberating on a multibillion-dollar tax break for private credit funds.
U.S. debt surpasses $37 trillion

U.S. debt surpasses $37 trillion

Goldman Sachs economists believe the U.S. Treasury Department borrows more to meet the rising cost of servicing its debt.
Republicans planning for ‘total tax cliff’ when Trump’s term ends in 2028

Republicans planning for ‘total tax cliff’ when Trump’s term ends in 2028

Congressional Republicans have submitted a law proposal that may result in a major “tax cliff” by the end of President Donald Trump’s second term i...
Treasury Secretary Scott Bessent says final OBBB terms will reinforce U.S. investment leadership

Treasury Secretary Scott Bessent says final OBBB terms will reinforce U.S. investment leadership

Scott Bessent says the final text of OBBB will ensure that the U.S. remains the most investable country globally.
$230,000 Bitcoin Price ‘Fair Value’ Amid Likelihood of Sovereign Debt Default, According to Bitwise

$230,000 Bitcoin Price ‘Fair Value’ Amid Likelihood of Sovereign Debt Default, According to Bitwise

Crypto asset manager Bitwise says the possibility of countries failing to repay their debts may drive Bitcoin (BTC) to an astronomical new all-time...
Trump's Big Beautiful Bill continues to divide Senate Republicans

Trump's Big Beautiful Bill continues to divide Senate Republicans

Senate Republicans are choking on their own bill. With less than a month left before their self-imposed July 4 deadline, they still can’t get on th...
$621,550,000 in Bitcoin and Crypto Liquidated As Trump-Musk Meltdown Hits Critical Mass

$621,550,000 in Bitcoin and Crypto Liquidated As Trump-Musk Meltdown Hits Critical Mass

Bitcoin’s price is tumbling as President Trump and Elon Musk’s battle over a trillion-dollar spending bill spirals out of control. In the last seve...
CBO says Trump’s Big Beautiful bill adds $2.4 trillion to debt – GOP calls it a coordinated attack

CBO says Trump’s Big Beautiful bill adds $2.4 trillion to debt – GOP calls it a coordinated attack

The Congressional Budget Office (CBO) said on Wednesday that Trump’s “One Big Beautiful Bill” would increase the US federal deficit by $2.4 trillio...
Trump grows frustrated with Elon Musk after he slams the "Debt Slavery Bill"

Trump grows frustrated with Elon Musk after he slams the "Debt Slavery Bill"

President Donald Trump and tech billionaire Elon Musk are reportedly at loggerheads after the latter criticized Trump’s spending and tax bill, call...