James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

America’s leaders have latched onto the idea that they can address some big problems — most notably a gaping budget deficit — by forcing interest rates downward. If only it were that easy. President ...

Scott Bessent became the 79th Secretary of the Treasury of the United States on January 28, 2025 serving under President Donald Trump. Prior, Bessent was Chief Investment Officer for Soros Fund ...

Instead of ranting about the US Federal Reserve’s monetary policy or making unrealistic debt issuance plans, the administration should exercise pragmatic options. Begin with fiscal prudence, a big ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing even modest reforms to the entitlement program represents a likely path to ...

President Donald Trump’s “Big, Beautiful Bill” became law on July 4. The bill includes cuts of over $1 trillion for ...

THE US’ leaders have latched onto the idea that they can address some big problems – most notably a gaping budget deficit – ...

Scott Coulter got little traction on his idea to avert the trust fund’s insolvency, accelerated by the tax-and-spending bill.

The Federation understands that Medicaid and SNAP are core pieces on the social safety net that directly impacts our community,” David Goldfarb told JNS.The post ‘Number of concerns’ with Trump’s ...

A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...

Treasury Secretary Scott Bessent dismissed Elon Musk’s criticisms of the One Big Beautiful Bill Act, which the Senate recently passed. Musk has consistently complained that the tax legislation will co ...