Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt ...

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...

U.S. Treasury Secretary Scott Bessent has an idea in mind that he says should help to bring down long-term Treasury yields, ...

Treasury secretary Scott Bessent has insisted the US would never default on its debt as he sought to assuage Wall Street ...

The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...

Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However ...

Trump has attacked Powell over the Fed’s decision to not lower interest rates, but recently said he has no intention of ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins ...

A federal court blocked President Donald Trump’s use of emergency powers to impose reciprocal tariffs on imports Wednesday, ...

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.