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.

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 ...

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.” ...

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 ...

WATCH: White House holds news briefing with Bessent, announcing Trump will relax some auto tariffs. By Associated Press. Examining Trump’s progress on his promises, 100 days in.

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.

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 ...