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

Former Treasury Secretary Lawrence Summers criticized the current U.S. Treasury Secretary Scott Bessent for weighing too ...

The stablecoin market is worth about $250bn, according to research from the Federal Reserve Bank of Kansas City — tiny ...

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.

Trump Treasury Secretary Scott Bessent laughed about firing thousands of American workers at the Department of the Treasury and IRS while testifying before the House of Representatives.

Treasury Secretary Scott Bessent said the Trump administration was “laser focused” on paying down the national debt with ...

Deputy Treasury Secretary Michael Faulkender is stepping down from his post, after having played what Treasury Secretary ...

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

U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

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

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