I’m David Westin, and this week we told the story of President Donald Trump’s first 100 days (the second time) and how two ...

Former Treasury Secretary Larry Summers said the US was facing a situation "almost unprecedented in our financial history." ...

Ex-Treasury Secretary Larry Summers said Trump's IRS cuts could cost the government $1 trillion. A Yale economist told BI that his estimate is conservative, and actual losses could top $2 trillion.

The former Treasury secretary envisions an avalanche of noncompliance as the federal tax agency weathers massive workforce ...

The same is likely to be true of the economic effects, which will include higher inflation and slower growth,” Powell said in ...

Sweeping tariffs announced earlier this month by the Donald Trump administration are grounded in fundamental economic ...

Economist Larry Summers does not like recent developments at the Internal Revenue Service (IRS), the federal agency ...

Former Treasury Secretary, Larry Summers, has expressed concern that President Donald Trump's cuts to the Internal Revenue Service (IRS) could lead to a loss of $1 trillion for the government.

Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a conservative estimate.

Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue Service, along with other changes, are likely to incentivize reduced tax-payment ...

Headline inflation has eased in the U.S., but according to economist and former Treasury Secretary Larry Summers, soaring prices may persist amid President Donald Trump’s tariff plans.