Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, will step into the spotlight this week, with the Senate Finance Committee scheduled to start his confirmation ...

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

The U.S. Senate on Monday confirmed Scott Bessent to be President Donald Trump's Treasury secretary, giving the billionaire ...

Billionaire investor Scott Bessent confirmed as Treasury Secretary, facing the challenge of cutting taxes and curbing ...

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government spending.

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...

As far as policy accomplishments are concerned, it could very well turn out to be as underwhelming as the first.

Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...

President Donald Trump is remaking the traditional boundaries of Washington, asserting unprecedented executive power and ...

As she exited the job, Treasury Secretary Yellen urged Congress to increase or suspend the debt ceiling—and detailed actions ...