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

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

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

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

Scott Bessent, the U.S. Treasury Secretary, shared his thoughts on China's economy and the challenges it poses to the U.S.

During his remarks in a Senate hearing in January, Scott Bessent trembled as Senator Catherine Cortez Masto exposed his ...

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

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.

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