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

Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt limit deadline in the wake of a credit downgrade.

Critics are concerned that she’s too focused on what banks want - at a time when the White House is embarking on a ...

A March executive order requires the agency to manage a shift from paper-based payments to electronic methods across the ...

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

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

He said China needs to shift to a more consumption-led economy to help ease global imbalances.  Read more at straitstimes.com ...

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 ...

The Treasury Department will begin phasing out the penny early next year, ending a run for a mainstay piece of American ...