During a House Financial Services Committee hearing on Wednesday, Rep. Dan Meuser (R-PA) commended Treasury Sec. Scott Bessent for recent small business actions.

Treasury Secretary Scott Bessent earlier this month. (Juan Ignacio Roncoroni/Shutterstock) The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption ...

"There is an opportunity for a big deal here," between the U.S. and China, Treasury Secretary Scott Bessent said. The U.S. needs to rebalance to more manufacturing and exports and away from ...