On August 28, 2024, the Financial Crimes Enforcement Network (FinCEN) adopted a final rule that subjects investment advisers to the ...

Capital One's five-day interruption, President Trump's planned dismantling of the Consumer Financial Protection Bureau and more this month.

Initial guidance on 45Z was released on January 10, 2025. The bill introduced on January 16 would repeal the 45Z tax credit, effective on December 31, 2024. Following its introduction, the bill was ...

The U.S. Senate confirms Scott Bessent as treasury secretary under President Trump, facing challenges on tax policy, tariff ...

The size of the deficit concerns investors like Bruce Lee, founder and CEO of Keebeck Wealth Management. “We've had our hands ...

The pressure from the president has not influenced the U.S. monetary policy, which considers the situation "balanced.". Just six days after Donald Trump demanded in Davos that central banks around the ...

There are four sources of new revenue to use in the first new budget. They alone will yield trillions in one-time revenue and billions in ongoing revenue without raising income taxes. C’mon Congress.

Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

President-elect Donald Trump (R) announced South Dakota Governor Kristi Noem (R) as his nominee for secretary of homeland security on November 12, 2024. This presidential appointment requires Senate ...

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...