Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking ...

Treasury Secretary Scott Bessent was finally able to admit that tariffs are indeed a tax on American importers and consumers, as Trump’s tariffs affecting virtually the entire world took effect on ...

Will you get a tariff rebate check? Scott Bessent says the administration will pay the national debt before sending payments.

Treasury Secretary Scott Bessent says that tariff revenue is likely to exceed $300 billion this year, adds that the funds ...

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

Treasury Secretary Scott Bessent sunk to a new low, sugarcoating tax cuts for the wealthy as something that will raise income levels for ordinary Americans.

Powell’s term as chairman of the US central bank expires in May 2026, and the Trump administration – already interviewing ...

During his remarks in a Senate hearing in January, Scott Bessent displayed his disconnect with the American people. Bessent ...

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

In a statement issued by the Treasury Department, Bessent said he had completed all but 4% of the asset divestitures required ...