Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...

Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...

Trump’s second term agenda includes cutting ‘slackers’ from federal workforce, former OMB official says ...

The second Trump presidency is being shaped by corporate interests, with tech magnates like Elon Musk and Jeff Bezos leading ...

Secretary of the Treasury nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden that America is not engaged in a ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, ...

Scott Bessent, President-elect Trump’s pick as Treasury secretary, owns North Dakota farmland on which he earns between $100,000 and $1 million per year, but plans to divest himself of it if he is ...

Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...

Trump tax cuts face scrutiny for favoring the wealthy; nominee Scott Bessent opposes raising the $7.25 federal minimum wage, citing state control.

Bessent pledged to maintain a free IRS tax filing system at least for the 2025 tax season, while studying whether it should continue after that.