Why Elon Musk Is So Focused on the Bureau of the Fiscal Service, ‘America’s Checkbook’

The first weeks of President Trump’s second term have been dominated by a blizzard of executive orders aimed at reversing diversity policies, trade wars with major American trading partners and…

How a Sale of TikTok Would Work and Who Might Buy It

There’s a new parlor game on Wall Street: guessing TikTok’s next owner. President Trump signed an executive order in January that delayed enforcement of a law that banned the popular…

Trump Tariffs Threaten to Upend Global Economic Order

President Trump’s move this weekend to slap sweeping tariffs on Canada, Mexico and China is threatening to fracture the global trading system and a world economic order that once revolved…

Senate Confirms Scott Bessent as Treasury Secretary

The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s top economic official who will steer…

Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1

President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to…

A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses

President Biden warned in his farewell address to the nation last week that an oligarchy is taking shape in America. In Washington, the oligarchs are already here, buying big houses.…

U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21

Treasury Secretary Janet L. Yellen told Congress on Friday that on Jan. 21 the Treasury Department will have to begin using so-called “extraordinary measures” to prevent the United States from…

Schedule of Senate Confirmation Hearings for Trump Cabinet Picks

The Senate has scheduled hearings for a dozen of President-elect Donald J. Trump’s picks for some of the most significant positions in his new government. Many of these candidates have…