Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary ...

Most legal scholars agree that Trump can’t fire Powell from the Fed’s board of governors, and there is no legal precedent for ...

Xinis was born in Mineola, New York, graduated from the University of Virginia and went to Yale Law School. She clerked for ...

The institutions have let “mission creep” push them off course but the U.S. will push them to get back to their core mission ...

Perkins Coie and WilmerHale asked two federal judges on Wednesday to permanently put an end to President Trump’s threats to ...

Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government ...

Treasury Secretary Scott Bessent critiques the World Bank and IMF, emphasizing the need for deeper US collaboration in global finance. Urging mutual respect among trade partners, Bessent supports the ...

The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.

In its latest Fiscal Monitor briefing, the International Monetary Fund warned that escalating global uncertainty from rising ...

Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both ...

The economy has continued to perform strongly. Real GDP growth was robust at 6.5 percent in 2024, supported by strong domestic demand. The external current account deficit narrowed by 2.6 percentage ...

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...