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

Scott Bessent's nomination hearing gave markets a handful of hints as to what the next four years could look like. The investor and hedge fund executive sat this week for his confirmation hearing ...

Bessent has pushed an ambitious plan to lower the federal budget deficit to 3%, achieve 3% GDP and produce 3 million more barrels of oil a day by the end of Trump’s second term, CNN reported.

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

"If confirmed, I will come back to you with a plan for upping collections," Bessent replied. That prompted Wyden to follow up by asking, "On wealthy tax cheats?" "You seem to believe that the ...

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President ... and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth.The ...

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 ...

WASHINGTON — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve ... and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

He will also be held responsible for formulating a tariff plan which aligns with Donald Trump's stance on tariffs without impacting growth, reported AP. Treasury secretary Scott Bessent has been ...