Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of ...

Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working ...

The White House's top economic advisor defended controversial tariffs and acknowledged the economy may be starting to roll ...

Michelle Bowman would likely take oversight of the nation’s largest banks in a new direction as the Trump administration ...

Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after ...

Bessent told Fox & Friends that the commander-in-chief’s top priority is living the living standards of ordinary Americans ...

He also weighed in on reports by The Wall Street Journal that Trump administration officials were discussing consolidation of ...

Bessent even invoked the word "transitory," which central bank policymakers used during the early stages of the COVID-19 pandemic to describe their view of inflation. Because Fed officials ...

Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from ...

Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as ...

Trump, Fed “You will notice that he has stopped calling for the Fed to cut rates,” Bessent said of Trump. “We want to focus on the 10-year, and what can we do as an administration to bring ...