U.S. Treasury Secretary Scott Bessent's defense of President Donald Trump's trade tariffs as a step toward “rebalancing” the U.S. economy misses the point.

Bessent has ... because “Medicare is going bankrupt, Social Security is going bankrupt, inflation can’t go away and interest rates can’t go down.” Scott added that “we’re going to ...

Treasury Secretary Scott Bessent criticized Senate Minority Leader Chuck Schumer on Wednesday for claiming President Donald ...

Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr. Secretary, can you guarantee the American people here and now ...

There are “no guarantees” there will not be a recession in the US, although there could be an adjustment, Treasury Secretary Scott Bessent said in an interview that aired on Sunday.

Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot economy is slowing. Bessent said the Trump administration’s ...

Don’t retaliate!’ Trump’s treasury secretary begs other countries not to hit back at tariffs - Scott Bessent insisted that the initial market reaction to the tariffs would be a temporary rut on the wa ...

U.S. Treasury Secretary Scott Bessent warns nations not to retaliate against Trump’s sweeping tariffs, stating that ...