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CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Treasury secretary Scott Bessent has insisted the US would never default on its debt as he sought to assuage Wall Street ...
Treasury Secretary Scott Bessent said in an interview Thursday that trade talks between the U.S. and China "are a bit stalled ...
Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt ...
Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However ...
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank had directly ordered a bank to stop growing in order to address ...
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government ...
The Supreme Court was surely correct in its recent majority decision acknowledging President Trump acted within his authority ...
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.
Deputy Treasury Secretary and Acting IRS Commissioner Michael Faulkender joins 'Squawk Box' to discuss the status of the ...
In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins ...