Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, ...

Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his ...

Donald Trump's nominee for Treasury Secretary, Scott Bessent, says he will "get back to" Senator Ben Ray Luján when asked at ...

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation ...

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system ...

As the administrator for the Centers for Medicare and Medicaid Services ... to dump previous front-runner for treasury secretary, Scott Bessent, in favor of Lutnick. Musk said in his post that ...

President-elect Trump announced several appointments to his administration Thursday, including the team that will work with his nominee for the U.S. Treasury, Scott Bessent. In a post on Truth ...

Bessent, 62, will replace Janet Yellen as the Treasury secretary, pending a Senate confirmation. Unlike Yellen, who rose to prominence through prestigious academic halls and public service roles ...