Bessent Settled Tax Issue That Had Put Him at Odds With I.R.S.

New York Times - Sep 30, 2026

The Treasury Secretary had previously taken a position on his taxes that contradicted the views of the tax agency that he now oversees.

Read full article

More News

Sep 30, 2026

Trump Media’s Merger With Nuclear Fusion Company Moves Closer to Completion

A securities filing laid out the terms of the deal between Truth Social’s parent company and TAE Technologies, which was formally announced in December.

Sep 30, 2026

Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations

A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.

Sep 30, 2026

Appeals court backs finding Trump colluded with IRS, Treasury

An appeals court Tuesday sided with a lower court judge who determined President Trump colluded with the Department of Justice (DOJ) in bringing and later dismissing a case seeking $10 billion in damages from the IRS. Florida-based U.S. District Judge Kathleen Williams in July found that the lawsuit that served as the hook for the...

Sep 30, 2026

Trump’s New Tariffs Get a Familiar Day in Court

For the third time in less than two years, the Trump administration returned to court on Wednesday to defend its power to wage a punishing global trade war.

Sep 30, 2026

E.E.O.C. Sues Harvard for Data on Diversity in Hiring Practices

The Equal Employment Opportunity Commission filed a lawsuit asking a judge to compel the university to provide information on hiring practices that the agency said discriminated against white men.

Sep 30, 2026

E.E.O.C. Sues Harvard for Data on Diversity in Hiring Practices

The Equal Employment Opportunity Commission filed a lawsuit asking a judge to compel the university to provide information on hiring practices that the agency said discriminated against white men.

Sep 30, 2026

DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance

In China’s push for self-reliance in artificial intelligence, DeepSeek and Huawei have teamed up to develop software tools for advanced chips.

Sep 30, 2026

Fed watchdog finds no criminality in renovation probe

Former Federal Reserve Chair Jerome Powell and Fed officials did not violate criminal law during their handling of the central bank’s ongoing multimillion-dollar renovation project, the Fed’s internal watchdog said in a Wednesday report. The office of Fed Inspector General Michael Horowitz acknowledged the central bank “has not effectively executed” the construction management risk contract...

Sep 30, 2026

Senators announce long-awaited permitting reform deal

Democratic and Republican senators on Wednesday announced a long-sought deal on permitting reform that they say will speed the construction of the nation’s energy and infrastructure projects while reining in costs from data centers. After months of negotiations, Sens. Shelley Moore Capito (R-W.Va.), Mike Lee (R-Utah), Sheldon Whitehouse (D-R.I.) and Martin Heinrich (D-N.M.) announced the...

Sep 30, 2026

Coming soon: Nominations for The Hill’s Top Lobbyists 2026

The Hill will soon start accepting nominations for its annual Top Lobbyists list! Slated to release in early December, the list highlights the most impactful lobbyists at firms, companies, trade associations and advocacy groups. Starting Oct. 2 at 8:30 a.m. EDT, nominations can be submitted using this form. Nominations will not be accepted through email....

Sep 30, 2026

Troubles at Situational Awareness Point to Record Stock Market Leverage

A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.

Sep 30, 2026

Sunkist Fruit Gems, Bar Mitzvah Staple, Get 2nd Chance After Discontinuation

The company said that Candyrific of Louisville, Ky., will produce the jelly candy that comes in a rainbow of colors and citrus flavors and is used in Jewish traditions.

Recommended