Chris Matthews

President Donald Trump has plunged the United States into a new phase of his trade war, and this time the economic casualties will be clear, immediate and, for many Americans, painful.

While economic stimulus payments have become a regular feature of the modern fiscal policy toolkit, such direct payments have a relatively short history and have so far only been used as a strategy for stimulating the economy out of a recession or economic shock.

President Donald Trump’s pick to lead the Securities and Exchange Commission foreshadowed a hands-off approach to the digital-asset industry in a confirmation hearing before a Senate banking panel Wednesday.

The so-called “x date” — the point in the calendar when the U.S. Treasury will have exhausted all its emergency cash-management strategies — could come as soon as May, and its precise date will have major implications for President Donald Trump’s tax plans and for markets.

The crypto industry continues to rack up wins in Washington, with Ripple Labs CEO Brad Garlinghouse announcing on X on Wednesday that the Securities and Exchange Commission will drop its appeal of a lawsuit brought against it.

Congress avoided a government shutdown Friday evening, after the Senate passed legislation that funds the federal government through September at spending levels similar to the 2024 fiscal year.

Americans may face tax-refund delays and long waits at airports.

Stablecoin bill could lead to a “privatization of the dollar,” according to crypto skeptic Sen. Elizabeth Warren.

President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.

New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.