Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending. By Andrew ...
A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to talk about the handover of power. But what is normally a routine discussion ...
The Trump administration’s trade policy—specifically its broad, aggressive use of tariffs—has several direct economic costs and benefits: higher inflation, an effective tax on consumers and businesses ...