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

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 ...

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

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 ...

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 ...

1991-2000 - Managing partner of Soros Fund Management in London. 2000-2005 - Establishes and runs his own hedge fund, Bessent Capital. 2006-2010 - Adjunct professor at Yale University. 2007-2010 ...

Washington — Treasury Secretary Scott Bessent said Sunday that an economic deal with Ukraine is not currently on the table after the contentious Oval Office meeting between President Trump and ...

(Bloomberg) -- Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given current hurdles that include ...