In November 2024, Donald Trump nominated Scott Bessent as his pick for Secretary of the Treasury. In his announcement, Trump praised Bessent—a financial advisor and major donor to his 2024 ...

"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 ...

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 ...

But Treasury Secretary Scott Bessent faces an especially tenuous version of this balancing act. He is both the face of the unpredictable Trump administration’s economic agenda, and America’s ...

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick got Donald Trump alone and away from rival advisor Peter Navarro to convince him to put a 90-day pause on most tariffs ...

Scott Bessent told a group of investors that he expected trade tensions with China to de-escalate. By Alan Rappeport Reporting from Washington Treasury Secretary Scott Bessent said on Tuesday that ...

Treasury Secretary Scott Bessent said Wednesday there was an opportunity for a deal with China in a further softening of the Trump administration’s trade stance that has led to a huge market ...

Treasury Secretary Scott Bessent on Tuesday said the "onus" is on China to bring down its tariffs as he outlined how many jobs the world's second-largest economy stands to lose in a trade war.

Treasury Secretary Scott Bessent has said that China couldn’t sell U.S. Treasuries to destabilize the financial markets, as it would affect their economy by weakening their currency. What ...

Treasury Secretary Scott Bessent on Monday said the White House will start interviewing candidates this fall to succeed Federal Reserve Chair Jerome Powell, whose term ends in May 2026.

President Donald Trump and Secretary of the Treasury Scott Bessent said on Thursday that negotiations over a potential trade agreement with South Korea are making progress. Trump announced a 90 ...