Treasury Secretary Scott Bessent on Wednesday revealed that he expects the Federal Reserve to cut interest rates by September at the very least. In an interview with Fox News, Bessent said President Donald Trump’s tariffs had resulted in mild inflation only,

U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September. His comments on the Fox News show "The Ingraham Angle," come as President Donald Trump repeatedly urges the Fed to lower rates from their current 4.

Senate Republicans narrowly passed President Trump’s $4.5 trillion bill with a tie-breaking vote from Vice President JD Vance. It extends tax cuts and cuts Medicaid, while adding nearly $3.3 trillion to the deficit.

The Senate slogged through a tense overnight session that has now dragged into Tuesday morning, with Republican leaders searching for ways to secure support for President Donald Trump’s big bill of tax breaks and spending cuts while fending off proposed amendments,

Extends and expands the 2017 Trump tax cuts, making most provisions permanent, including lower rates for individuals and businesses. $4.5 trillion in total tax reductions over a d