In a recent speech, Scott Bessent threw more cold water on a Trump campaign promise to lower the cost of living.

Describing the economy as inherited is a reference to the administration under then-President Joe Biden. Current President ...

Trump has launched a maximum pressure campaign on Iran but has also said he wants to negotiate a nuclear deal with the ...

Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from ...

U.S. President Donald Trump's former Treasury Secretary Steven Mnuchin said on Wednesday that tariffs on U.S. imports are ...

We've seen a slate of concerning economic data on inflation and jobs, and uncertainty over tariffs hasn't helped combat ...

Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot ...

Scott Bessent is staking out a leadership role for the Treasury Department in the Trump administration’s deregulatory ...

Plus: President Donald Trump threatens Russia with sanctions. American liquor, wine and spirits pulled from Canadian shelves ...

Treasury Secretary Scott Bessent says the country will go through an adjustment period after getting hooked on government ...

US Treasury Secretary Scott Bessent said he is a big proponent of bringing Bitcoin onshore to the US and discussed the future ...

Speculation about a so-called "Trump put"—where the administration might step in to support the market—was rejected by ...