News

Treasury secretary calls on Congress to raise or suspend debt ceiling
WASHINGTON — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...
Treasury's Bessent says US should be 'premier destination' for digital assets
Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...
Scott Bessent once partied with Rep. Maxine Waters in the Bahamas: ‘Better at the Electric Slide than I was’
This is the first time we’ve met, is that correct?” she asked, attempting to make a point about Bessent not being responsive ...
Scott Bessent says US doesn't want to decouple from China ahead of scheduled meeting with Chinese counterpart
Treasury Secretary Scott Bessent gives "The Ingraham Angle" an update on trade negotiations with China and their next talks ...
Treasury Secretary Scott Bessent says bond yields are signaling it's time for the Fed to cut rates
The Treasury Secretary pointed to two-year Treasury yields as a signal that the market is ready for interest rate cuts from ...
Bessent to Rep. Velazquez: Telling You Details In Public Would Be "Detrimental" To Trade Negotiations
Rep. Nydia Velazquez grandstands while questioning Treasury Secretary Scott Bessent about ongoing trade negotiations during a ...
Congress should raise debt limit by July to avoid default, Bessent says
The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.