Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American ...

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...

Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely ...

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing ...

Canada can work with US President Donald Trump’s administration to reshape global trade and weaken China’s dominance of ...

The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...

The White House says that US President Donald Trump is still thinking about imposing tariffs on imports from Canada, Mexico ...

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury ...

Bessent’s first challenge will be managing federal cash flows after government hit statutory debt limit on Trump’s second day ...

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...