Trump Appoints Billionaire Scott Bessent as New U.S. Treasury Secretary
Donald Trump names billionaire Scott Bessent as his Treasury secretary, aiming to drive tax cuts and economic growth.
Treasury
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U.S. Budget Deficit Soars to $1.8T in Fiscal 2024
The U.S. budget deficit hits $1.833 trillion in fiscal 2024, the highest since before the pandemic, driven by increased interest costs and rising outlays.