President Donald Trump stated that Japan is set to kick off tariff negotiations with the U.S. in Washington, D.C., on Wednesday, making them one of the first nations looking to test the president’s willingness to pull back on sweeping tariffs.
Read More Japan To Begin Tariff Talks With Trump Admin In Washington, D.C.
U.S. Treasury Secretary Scott Bessent announced on Wednesday that President Donald Trump’s tariff pause has benefited over 75 countries who have opted to negotiate with the United States — rather than retaliating.
Read More Bessent Applauds Trump’s ‘Courage’ Amid China Tariffs, Reiterates That Non-Retaliating Nations Will Be Rewarded
Multiple reports have revealed that JPMorgan Chase CEO Jamie Dimon has been communicating with President-elect Donald Trump in recent months through secret back channels, helping Trump with advice on his policy-agenda.
Read More Report: Donald Trump Has Been Secretly Discussing WH Agenda With JPMorgan CEO Jamie Dimon For Months
President-elect Donald Trump will reportedly name Howard Lutnick, the co-chair of his transition team, to the role of commerce secretary, according to multiple sources.
Read More Report: Trump To Appoint Transition Team Co-Chair Howard Lutnick As Commerce Secretary
Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries “significant risks.”
Read More Yellen to warn of ‘significant risks’ from use of AI in finance
Following the announcement that the Inflation Reduction Act would provide the IRS with an additional $80 billion in budget, the Biden administration had made an effort to convince American taxpayers that this money would not increase their likelihood of being audited by the agency.
Read More IRS Audits Low Earners ‘5X More Often’ Despite Biden’s Pledge Against Increased Audits for Low to Middle Class