The US Treasury official who oversees the world’s largest financial infrastructure, including the federal government’s cash-management operations and debt financing, is stepping down from the job.

Key Takeaways On Monday evening, the Senate confirmed Wall Street veteran Scott Bessent as the Treasury Secretary.He replaces Janet Yellen in the White House's top financial job, overseeing the IRS, banking regulations,

Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.

November 20, 2017 - Yellen tells President Trump in a letter that she will step down from the Federal Reserve’s Board of Governors when her successor is sworn in as the new chairman. February 5, 2018 - Yellen joins the Brookings Institution as a distinguished fellow in residence with the economic studies program.

With his U.S. Senate confirmation behind him, Scott Bessent is in place to be the top financial official of President Donald Trump's

The White House budget office has ordered a pause in grants, loans and other federal financial assistance, according to a memo sent to government agencies on Monday, potentially paralyzing a vast swath of programs and sowing confusion and alarm among the array of groups that depend on them.

For some reason, in a flurry of last-minute clemencies earlier this month, President Joe Biden let the man with a kid’s blood on his hands out of prison when he commuted Peeler’s federal drug sentence.

Mr. MacBride joined the Department after eight years as a Davis Polk litigation partner, during which time he co-led the firm's White Collar Defense & Investigations practice and served as head of the Washington DC office.

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

Pharmaron, a Chinese biotech firm, is currently using hundreds of thousands of taxpayer dollars to test pharmaceuticals on up to 300 beagles per week in Beijing, according to a federal contract

Following the January inauguration, a flurry of executive orders, and Senate confirmations, the timing of when federal tax reform will take place still appears to be undecided by the Republican party.

So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal extended deadline is October 15th, 2025 for most taxpayers (but taxes owed are still due by April 15). For more information on both federal and state tax return deadlines, check out Kiplinger’s reports: