If saved by the Supreme Court, the tariffs are also expected to shrink the economy and cause inflation to spike.

Financial expectations are soaring in US households following recent statements by Treasury Secretary Scott Bessent about the ...

The US Treasury Secretary’s tight grip on picking Jerome Powell’s replacement previews a new era for the central bank. A ...

Bessent's proposals push for looser regulation and a freer approach for the Financial Stability Oversight Council, a switch ...

Treasury Secretary Scott Bessent said "very large refunds" were coming to Americans next year as a result of tax changes.

Trump confirmed Tuesday that he’d used the epithet “shithole countries” eight years ago during a closed-door meeting with ...

The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.” ...

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent is proposing to overhaul a regulatory panel that monitors the ...

As Affordable Care Act tax credits are set to expire in just a few weeks, sending health care costs surging for more than 20 ...

A $15T U.S. debt wall could trigger a liquidity crisis. Foreign demand for Treasuries is waning. Read here for more insights ...

On this "Face the Nation with Margaret Brennan" broadcast, Treasury Secretary Scott Bessent and Rep. Ilhan Omar join Margaret ...

CMS Administrator Mehmet Oz gave Gov. Tim Walz a 60-day ultimatum to "restore the integrity" of Minnesota's Medicaid program ...