U.S. Treasury Secretary Scott Bessent said on Thursday that he has asked Republicans in Congress to scrap the Section 899 ...

Treasury Secretary Scott Bessent is explaining the economic theories that guide President Donald Trump to skeptical audiences, rooting his arguments in growth and abundance amid fears of austerity ...

Treasury Secretary Bessent has a plan to bring down long-term yields. But will it work? Last Updated: May 27, 2025 at 4:02 p.m. ET First Published: May 27, 2025 at 1:15 p.m. ET.

Top advisers have sent President Trump a plan to create a government-run investment fund, a request the president made earlier this year — but the White House has rejected parts of the proposal ...

There’s “varying scoring” of the tax bill, Bessent said in answering questions at a Senate Finance Committee hearing Thursday. “It is my view that over the 10-year window, it will decrease.” ...

US Treasury Secretary Scott Bessent emerged from this week’s market ructions as a perhaps-unexpected lead trade negotiator, ... Bessent Has a ‘Grand Encirclement’ Plan for China Treasury ...

Del. Stacey Plaskett, D-Virgin Islands, lashed out at Treasury Secretary Scott Bessent during a tense House Ways and Means Committee hearing on Wednesday. "Ma’am, that’s incorrect," Bessent ...

Treasury Secretary Scott Bessent on Wednesday foreshadowed an expansive review of regulations intended to prevent bank failures, arguing that less-burdensome rules would eventually help offset any ...

Treasury Secretary Scott Bessent said the U.S. “is never going to default” as the deadline for increasing the federal debt ceiling gets closer. “That is never going to happen,” Bessent ...

Despite Mr. Bessent’s calls for investors to take a longer-term view on the U.S. economy, executives at the Milken Institute gathering made clear that the tariffs were taking a real toll.

As President Donald Trump’s new tariffs shook global markets and sent foreign leaders scrambling this weekend, Treasury Secretary Scott Bessent flew to Mar-a-Lago with a message.

Importantly, Bessent has tried to frame the Trump economic agenda as one of prosperity and abundance. The president himself has begun to talk about sacrifice and scarcity, which tends to be a ...