27 h. ago U.S. tariffs to continue if Supreme Court rules against Trump: Treasury Secretary

President's use of import levies under the International Emergency Economic Powers Act is being challenged.

Politics

47 h. ago Bessent Under Discussion to Also Lead National Economic Council

Donald Trump’s aides and allies are discussing the possibility of making Treasury Secretary Scott Bessent the top White House economic adviser — in addition to his current job — should the president pick Kevin Hassett as the next chair of the Federal Reserve, according to people familiar with the matter.

Society

2 d. ago Larry Summers barred for life from American Economic Association

Summers, Treasury Secretary from 1999 to 2001, said in a statement that he was “deeply ashamed” of his actions

Other

1 week ago Trump moving forward on labelling Muslim Brotherhood chapters as terrorist groups

Secretary of State Marco Rubio and Treasury Secretary Scott Bessent ordered to study whether chapters, including those in Lebanon, Egypt and Jordan, deserved the designation

Other

2 w. ago Former Treasury Secretary Larry Summers quits OpenAI board after release of Epstein emails

Former U.S. Treasury Secretary Larry Summers is resigning from OpenAI’s board of directors, the ChatGPT maker and his office said Wednesday. His departure comes after the release of emails showing he maintained a friendly relationship with Jeffrey Epstein long after the financier pleaded guilty to soliciting prostitution from an underage girl in 2008. “Larry has […]

Politics

3 w. ago Opinion: Supreme Court case on tariffs could benefit Alberta, if we prepare

If the Supreme Court rules that U.S. President Donald Trump’s use of — or abuse of — his most potent power to impose tariffs under the International Emergency Economic Powers Act (IEEPA) is unconstitutional, the threat that Alberta faces will lessen. This will not be the case in other parts of Canada, where the threat […]

Economics

3 w. ago Top economists call on world leaders to set up an international panel on inequality

CAPE TOWN, South Africa (AP) — Hundreds of top economists and other experts, including former U.S. Treasury Secretary Janet Yellen, called on Friday for the world to set up an independent international panel on income and wealth inequality. The call in an open letter came before the Group of 20 summit in South Africa next […]

Society

3 w. ago Bessent Deflects Inflation Concerns, Sees Better Times in 2026

US Treasury Secretary Scott Bessent deflected concerns about high costs under President Donald Trump, saying the administration had inherited elevated price levels and that its policies would generate real income gains for American workers.

Economics