I think we could see it in other industries over time,” Treasury Secretary Scott Bessent said, with the revenue going to pay down the national debt.

WASHINGTON (Reuters) -U.S. trade officials will meet again with their Chinese counterparts within the next two or three ...

Earlier in an interview with Fox Business, Bessent said India has been a "bit recalcitrant" on trade negotiations with the US ...

Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...

Fed-funds futures traders were shifting toward a greater likelihood of a 50-basis-point rate cut from the Federal Reserve by ...

European leaders will hold talks with Ukraine President Volodymyr Zelenskyy and Donald Trump on Wednesday, in a day of intense diplomacy ahead of the US President’s summit with Vladimir Putin.

The search for the next Fed chair continues to widen, with reports adding new private-industry names to the mix.

US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following the latest inflation data.

Treasury Secretary Scott Bessent on Wednesday said the administration plans to consider around 10 candidates to replace Jerome Powell as chair ...

India “recalcitrant” suggests the US sees itself as the generous party and India as the obstacle. Truth may be just the ...

Treasury Secretary Scott Bessent on Wednesday reportedly issued a warning to Europe to get on with the program on its sanctions policy on Russia, and the application of secondary tariffs on those ...

U.S. government debt was rallying on Wednesday, pushing yields lower across the board, as traders assessed Treasury Secretary ...