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.” ...

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 ...

Treasury Secretary Scott Bessent said the U.S. 'is never going to default' as the deadline for increasing the federal debt ceiling gets closer.

Treasury Secretary Scott Bessent on Tuesday reassured attendees of a closed-door JPMorgan investor summit that he expects the trade war with China to de-escalate, according to people in the room ...

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.

U.S. Treasury Secretary Scott Bessent has an idea in mind that he says should help to bring down long-term Treasury yields, which act as a benchmark for interest rates. But one big question ...

Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, calling them “deflationary.”. Trump announced a sweeping tariff ...

Scott Bessent has said the uncertainty over tariffs is a trade negotiating tactic. Bessent said countries could "play us in the negotiations" if the US gives them "too much certainty." The US and ...

Scott Bessent Asked About Trump's Plan To Hike Tariffs On 150 Countries If They Do Not Reach Deal. Posted: May 19, 2025 | Last updated: May 19, 2025.

Treasury Secretary Scott Bessent acknowledged that Walmart, the largest US retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices.

Treasury Secretary Scott Bessent pushed back against concerns about rising U.S. debt and the inflationary impact of tariffs, asserting that the Trump administration remains focused on cutting ...