US President Donald Trump says his administration is sending out letters to notify countries of the rates for what he calls ...

The sobering long-term debt projections of the Congressional Budget Office may actually understate the likely impact on U.S. debt-to-GDP levels of President Donald Trump's "One Big Beautiful Bill" ...

Treasury Secretary Scott Bessent praised President Donald Trump's hands-on approach in securing passage of a sweeping tax and ...

Business-world amendments to the 'Big Beautiful Bill' could help spur new economic growth. But those changes in recent weeks ...

WASHINGTON (Reuters) -About 100 countries are likely to see a reciprocal tariff rate of 10%, U.S. Treasury Secretary Scott ...

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...

Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.

Treasury Secretary Scott Bessent didn't rule out becoming the next Federal Reserve chair when asked about a potential dual ...

Treasury Secretary Scott Bessent implied he wouldn’t take advice from any Democratic politicians because “we inherited a mess ...

Representative Mike Lawler, who is in a swing district, seemed unbothered by the potential consequences of his admission.

During an appearance on CNBC’s Squawk on the Street Thursday, Bessent did his best to defend his title as a “fiscal hawk” ...

Treasury Secretary Scott Bessent revealed on Thursday that his department will turn its attention to student loan debt after ...