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Follow Yahoo Finance’s politics coverage, including major laws and regulations affecting public companies, the financial markets, the economy, and your wallet. Yahoo Finance has exclusive interviews with some of America’s most influential lawmakers, regulators, and policy makers, who weigh in on all matters related to business and money.

Elon Musk and Vivek Ramaswamy are promising to go to war with government red tape. But they will face formidable foes — and perhaps not just from the "unelected bureaucrats" they often pillory.

Most Americans aren't sure what tariffs are, and they're conflicted about whether they matter or not.

It took Donald Trump three weeks to provide his first concrete signal that he is serious about imposing new tariffs, setting up a flurry of diplomatic and legal maneuverings in the weeks and months to come.

Trump's pick for Treasury secretary wants to cut federal deficits to the levels of Barack Obama's presidency. Those days are long gone.

The early reviews for Treasury secretary nominee Scott Bessent from Wall Street are in — and they're positive. But now the hard part begins.

Political and economic observers might want to familiarize themselves with the wonky concept of 'impoundment.' Donald Trump (and 'first buddy' Elon Musk) could make it front and center in 2025.

The massive financial mess that Musk has created at X hasn’t gotten anything like the attention it deserves. Here's a reminder via Allan Sloan.

President-elect Donald Trump has selected investor Scott Bessent as his nominee for Treasury secretary, putting forth a campaign trail partner and early frontrunner for the job after a long and contentious process.

Republicans suddenly think the economy is much better. Democrats think it is worse. Why might that be?

Musk wants to put federal workers out of their jobs and make it harder to reach anybody at a government office. Did voters ask for this?