Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?

Bloomberg reporters answer questions about how Trump’s promises to raise tariffs on China could lead to a trade war with ...

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Trump, who has vowed to shrink the size of government, would be creating a new agency to do functions already handled by existing agencies.

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

The ‘birth date’ of the service, which will collect tariffs, duties and other foreign revenue, will be January 20 ...

President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from ...

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

Former U.S. Assistant Secretary of State for Economic and Business Affairs weighs President-elect Trump's plan to establish the 'External Revenue Service.' ...