Hours before the official data arrived for China’s fourth quarter, Scott Bessent — Donald Trump’s pick for Treasury secretary — accused the Chinese of “attempting to export their way out” of what he called “a severe recession, if not ...

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.

Macomb, Detroit, Michigan It was an exhilarating experience to watch the live telecast of Scott Bessent’s over four-hour confirmation hearing for the job of Treasury Secretary of the most powerful n

The White House says that US President Donald Trump is still thinking about imposing tariffs on imports from Canada, Mexico and China starting on February 1.

The U.S. Senate voted Monday to confirm hedge fund manager and South Carolina native Scott Bessent as the 79th Secretary of the Treasury.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.

A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.

Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters.

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.