Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, will step into the spotlight this week, with the Senate Finance Committee scheduled to start his confirmation ...

Bessent steps into his role amid a mix of economic opportunities and challenges, with a steady U.S. economy marked by 4.1% unemployment and strong growth, though inflation exceeds the Federal ...

Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of Trump.

Defense Secretary Pete Hegseth’s first day at the Pentagon is expected to include an array of executive orders, including ...

With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government spending.

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...

Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...

President Donald Trump is remaking the traditional boundaries of Washington, asserting unprecedented executive power and ...

As she exited the job, Treasury Secretary Yellen urged Congress to increase or suspend the debt ceiling—and detailed actions ...

The day after President Donald Trump takes office, the U.S. Treasury said it will employ "extraordinary measures" to avoid ...

the U.S. Treasury said it will employ "extraordinary measures" to avoid hitting the debt limit. In a letter, outgoing ...

and the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing ...