Watch live: Bessent testifies before Senate on Trump’s 2027 budget request
Treasury Secretary Scott Bessent is testifying before a Senate Appropriations Committee panel on President Trump’s fiscal 2027 budget request. The request, unveiled last week, seeks $11.5 billion in discretionary spending for the department’s domestic programs — a $1.5 billion decrease from 2026. The drop includes cuts to the Community Development Financial Institutions Fund and the…
Read MoreAnother travel company plunges into liquidation, all trips off
Between the significant changes in how travelers book trips and consumers who are watching discretionary spending more carefully, it is proving to be a particularly tough time to run a travel agency. Travel companies that collapsed in bankruptcy over the last year include British firms Great Little …
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