Economist Larry Summers said mortgage rates were “considerably more likely to rise than fall” as the federal deficit grows.

In a potentially significant reversal, Bessent says the U.S. will announce a "substantial pickup" in Russia sanctions.

Discover how Treasury Secretary Bessent’s strategies improved bond market liquidity and managed $1.8T debt efficiently.

(The Center Square) - The U.S. Treasury Department announced sanctions against two Russian oil companies on Wednesday. The ...

Finalizing a $20 billion lifeline for Argentina using taxpayers’ funds during the government shutdown was an essential action for the agency, Treasury Secretary Scott Bessent said Tuesday.

Treasury Secretary Scott Bessent said Derek Theurer would perform the duties of deputy Treasury secretary, in a statement Tuesday.

Treasury Secretary Scott Bessent commented on the Trump administration's strategy for the "trade war" with China during an ...

He wasn’t specific on what those sanctions would involve. This follows Tuesday’s comments from the White House that plans ...

"Because this takes a lot of money, it takes a lot of organization, and we are going to do that. We have started to compile ...

Treasury Secretary Scott Bessent is urging the International Monetary Fund (IMF) to sell an elite country club it owns in ...

Treasury CIO and DOGE representative Sam Corcos defended IRS layoffs as a “painful,” but necessary tool to reboot the agency’s stalled IT modernization efforts.