President Donald Trump’s aggressive government cost-cutting agenda is forcing his Treasury chief to balance support for that ...

Amid orders to reduce the Community Development Financial Institutions (CDFI) Fund as much as possible, Treasury Secretary ...

Scott Bessent, President-elect Trump’s choice to be secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol in Washington on Jan. 16 ...

U.S. Senator Steve Daines is visiting Beijing as the U.S. and China swap tariff threats and harsh words over each others’ handling of the illegal trade in fentanyl.

During his U.S. Senate confirmation hearing, Bessent said that he would support increasing U.S. sanctions on Russian energy, especially oil majors, if Trump asks him to. The Treasury chief ...

Revenue from new import duties “could be very substantial,” Treasury Secretary Scott Bessent said.

Treasury Secretary Scott Bessent announced Sunday that his department will be creating an "affordability czar" to address high prices in the U.S. — a continuing concern for Americans which ...

Follow us WASHINGTON: US Treasury Secretary Scott Bessent said Tuesday that Washington could hold off reciprocal tariffs for countries that halt practices it deems unfair, adding that officials ...

WASHINGTON, March 7 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Friday that the U.S. economy may slow as it transitions away from public spending towards more private spending ...

Treasury Secretary Scott Bessent on Thursday pushed back on concerns that have been raised about tariffs causing inflationary pressures that raise consumer prices, saying they would just lead to a ...