Bessent believes that deregulation, reordered global trade and lower government spending can pay for tax cuts. The actions of ...

The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...

The Biden administration helped lead the push to remove some of Russia’s largest banks from SWIFT, an international system that allows financial institutions from all over the world to communicate ...

Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served ...

During the Biden administration, Janet Yellen began shifting to more short-term Treasurys to take pressure off the ...

If Wall Street investors had hoped Scott Bessent would moderate Trump’s punishing trade policies, the Treasury secretary is ...

The 62-year-old financier, who learned the ropes with George Soros's teams in London, is pushing, as the head of the US ...

Is a recession brewing in the US? The answer to that question will vary depending on whom you ask in the Trump administration ...

There are “no guarantees” there will not be a recession in the US, although there could be an adjustment, Treasury Secretary ...

Treasury Secretary Scott Bessent played down the recent decline in the US dollar, saying it was a natural “adjustment” as ...

The Dow Jones Industrial Average fell by approximately 3% this past week, and the S&P 500 and Nasdaq also dropped before ...

Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr.