US Treasury Secretary is hoping stablecoins can soothe rising debt. 'The biggest stablecoin issuers will be too big to fail,' ...

WASHINGTON: The Trump administration’s move to replace Federal Reserve Chairman Jerome Powell as head of the central bank ...

During his remarks in a Senate hearing in January, Scott Bessent displayed his disconnect with the American people. Bessent ...

Federal Reserve Chair Jerome Powell, at left, President Donald Trump and Treasury Secretary Scott Bessent have something to reveal about gold, but they won't - at least not yet. A newly published ...

The second-highest-ranking official at the Treasury Department, Michael Faulkender, is departing President Trump’s ...

The clash over Iran's nuclear program is escalating, with U.S. sanctions and Europe's snapback threat putting Tehran under ...

Will you get a tariff rebate check? Scott Bessent says the administration will pay the national debt before sending payments.

Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.

Bessent says debt, not rebate checks, will be administration’s priority for tariff revenue as prices rise for Americans ...

Trump administration's trade policy produces monthly revenue of $29.6 billion in July as officials explore debt reduction ...

Treasury Secretary Scott Bessent said the Trump administration was “laser focused” on paying down the national debt with ...