With interest costs surging, it may be time for the government to forcefully hold down long-term Treasury yields. How it can ...

From Catherine Rampell’s column on Scott Bessent, Trump’s pick for treasury secretary, and his ambitious (read: unfeasible) economic plan. Bessent’s “3-3-3” plan (not, if you can believe ...

On this week’s episode of Capitol Gains, Senior Columnist Rick Newman breaks down Bessent’s 3-3-3 strategy. There are three main components to the 3-3-3 plan: Reduce federal deficit to 3% of ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Bessent has also laid out an economic plan known as “3-3-3,” which would reduce the federal budget deficit to 3% of gross domestic product (GDP), get real GDP growth to 3% and produce an ...

The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

Does the Trump administration want a strong or weak dollar? That’s a question being thrust back into the spotlight as Bessent prepares to face Washington lawmakers today. The former hedge fund ...

Bessent seemed reluctant to provide an answer when asked by Sen. Bernie Sanders, an independent from Vermont, if he agreed with President Joe Biden's warning on Wednesday night of a rising ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...