House Republicans are sorting out the details of the 'big, beautiful bill,' which they say could save up to $550 billion from ...

"There is an opportunity for a big deal here," between the U.S. and China, Treasury Secretary Scott Bessent said. The U.S. needs to rebalance to more manufacturing and exports and away from ...

Lawmakers scrutinized Trump's budget focusing on border security and tariffs, while Trump met with Canada's Prime Minister ...

Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem defended key elements of President Donald ...

While testifying on Capitol Hill, U.S. Treasury Secretary Scott Bessent declined to give an estimate for the "X date" — the day when the Treasury can't meet all of its obligations — but made use of a ...

US stocks declined on Tuesday (May 6) as investor sentiment took a hit following former President Donald Trump’s uncertain ...

While concerns about the U.S. hitting the debt ceiling are being debated, Philip Swagel, head of the nonpartisan ...

Treasury Secretary Scott Bessent made his first public appearance before lawmakers since the president's tariffs were ...

US Treasury Secretary Scott Bessent says the US needs to reverse the "scary" fiscal path that it's on before it's too late.

Canada’s new prime minister, Mark Carney, is meeting with President Donald Trump in the Oval Office, a week after winning ...

U.S. Treasury Secretary Scott Bessent said on Tuesday that the department was "at the warning track" in terms of exhausting remaining borrowing capacity under the federal debt ceiling, but vowed that ...

U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information ...