The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

Instead of ranting about the US Federal Reserve’s monetary policy or making unrealistic debt issuance plans, the ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing even modest reforms to the entitlement program represents a likely path to ...

Treasury Secretary Scott Bessent dismissed Elon Musk’s criticisms of the One Big Beautiful Bill Act, which the Senate recently passed. Musk has consistently complained that the tax legislation will co ...

In dissenting opinions, Justices Sonia Sotomayor and Ketanji Brown Jackson excoriated the Supreme Court’s Friday ruling on ...

Trump announced two weeks ago that he and the U.K. had finally signed a trade deal. Trump also claimed Thursday that China had signed a trade deal just the day before, although Bessent notably did not ...

Treasury Secretary Scott Bessent and other Republicans have sought to discredit ... At the Capitol, Mehmet Oz, who heads up the Centers for Medicaid and Medicare Services and joined Vance at the GOP ...

US Treasury Secretary Scott Bessent is testifying before the House Ways and Means Committee, where he is answering questions about US–China trade talks, the "big, beautiful" tax and spending ...

Treasury Secretary Scott Bessent downplayed the Moody's downgrade as a "lagging indicator" of economic and fiscal conditions, after the firm cut the U.S.' top credit rating.

Treasury Secretary Scott Bissent kicked off the Milken Institute Global Conference at the Beverly Hilton on Monday by saying Trump's tariffs will lead to a resurgent economy.