Bessent believes that deregulation, reordered global trade and lower government spending can pay for tax cuts. The actions of ...

Still, his Treasury Secretary Scott Bessent doesn’t appear worried ... appoint an affordability czar in his department. The Federal Reserve aims for 2% inflation; it sees that as a stable ...

The White House's top economic advisor defended controversial tariffs and acknowledged the economy may be starting to roll over as a "natural adjustment" to President Donald Trump's new economic ...

Cramer also pushed back against Treasury Secretary Scott Bessent's claims that corrections are "healthy" and "normal." Bessent, he said, is insinuating that all corrections are the same, when that's ...

President Trump again pressed the Federal Reserve to cut interbank lending ... according to Treasury Secretary Scott Bessent. Bessent said Tuesday that the administration will take into account ...

Bessent's take suggests that the "Trump put" may take longer to manifest or require more significant market declines before any action is taken.

Investors now price in three 0.25-percentage-points cuts by year’s end as the most likely scenario, which would send the ...

(Bloomberg) -- 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 ...

Treasury Secretary Scott Bessent said Thursday that "I am not ... creating a new dilemma for the Federal Reserve as policymakers try to bring inflation down to their 2% target.

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

The actions of U.S. Treasury Secretary Scott Bessent will be key ... bills and reserves permanently, which Federal Reserve officials have also supported, Bessent supposes that bill yields could ...