One-third of the US debt is held outside of the United States. This is significant enough that the Japanese finance minister ...

US Treasury Secretary Scott Bessent said Tuesday major trading partners, including Japan, are negotiating with the United ...

On Wednesday, May 7, the US Congress held a hearing with Treasury Secretary Scott Bessent (his position is equivalent to that of finance ministers in other countries). Bessent is a member of the ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

Photo: U.S. Trade Representative Jamieson Greer, left, and U.S. Secretary of the Treasury Scott Bessent take part in a press ...

LONDON: Stocks and the US dollar surged after the United States and China said they agreed on a 90-day pause on tariffs and ...

There are currently no signs that the United States has entered a recession despite the world's largest economy recording a ...

US Treasury Secretary Scott Bessent said the trade deal from Donald Trump’s first tariff war with China gives the world’s two ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

In a research note, Maeva Cousin of Bloomberg Economics said today’s move “substantially lowers the U.S. average tariff shock ...

Washington will lower tariffs on Chinese goods from 145% to 30%, while Beijing will reduce its tariffs on US imports from 125 ...