The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector ...

"There is an opportunity for a big deal here," between the U.S. and China, Treasury Secretary Scott Bessent said. The U.S. needs to rebalance to more manufacturing and exports and away from ...

On February 21, 2025, the Trump administration published its “America First Investment Policy” memorandum. Among other items, ...

"I believe it's up to China to de-escalate, because they sell five times more to us than we sell to them," Bessent said Monday on CNBC. "And so these 125% and 145% tariffs are Explore Our Brands ...

The biggest names in business will be hanging on the Treasury Secretary's every word.

Treasury Secretary Scott Bessent hinted the Federal Reserve ought to consider cutting rates by pointing to how shorter-dated Treasury yields, which are sensitive to monetary-policy expectations ...

Treasury Secretary Scott Bessent says the bond market is signaling a need for interest rate cuts. He's watching the two-year Treasury rate, he told Fox Business. The Trump administration has ...

Treasury Secretary Scott Bessent said late Wednesday that the U.S. has “put China to the side” as administration officials work to negotiate deals with other major trading partners.

Treasury Secretary Scott Bessent earlier this month. (Juan Ignacio Roncoroni/Shutterstock) The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption ...

Treasury Secretary Scott Bessent said Wednesday on “Hannity” that 17 trading partners have come forward to negotiate deals with the Trump administration. Just a day after President Donald ...

It’s an odd dichotomy: President Trump appoints the highest-ranking openly gay government official in history in Treasury Secretary Scott Bessent, yet he launches cruel attacks on transgender ...

WASHINGTON — Treasury Secretary Scott Bessent said Wednesday the US is ready to sign a mineral deal with Ukraine “this afternoon” — but added there had been a last-minute snag.