Treasury Secretary-designate Tim Geithner says he was careless in failing to pay $34,000 in Social Security and Medicare taxes earlier this decade and has apologized to Congress. At his confirmation hearing, Geithner called the transgressions “careless mistakes” and unavoidable ones.

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BING NEWS:
  • Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
    With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts say ...
    11/26/2024 - 1:20 am | View Link
  • Dow hits all-time closing high as Trump’s Treasury pick Scott Bessent promises to slash taxes, spending
    The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on tips, social security benefits and overtime pay.
    11/25/2024 - 7:42 am | View Link
  • Trump Treasury pick Scott Bessent to prioritize tax cuts on tips, overtime and Social Security
    Scott Bessent, the hedge fund manager tapped to lead the Treasury Department, revealed that his top priority will be extending the tax policies of President-elect Donald Trump’s first term and ...
    11/25/2024 - 5:54 am | View Link
  • Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ reports
    President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview published on ...
    11/24/2024 - 3:18 pm | View Link
  • More

 

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Welcome to Wopular

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