Steve Miran, Trump's current chair of the CEA, said: "Holding century bonds is less risky for reserve managers if they have access to swap lines granting them substantial short-term dollar liquidity.
Top Trump administration officials mistakenly disclosed war plans in a messaging group that included a journalist shortly ...
Summers, who served as treasury secretary under President Bill Clinton, blasted Bessent’s claim that Chinese producers will bear the brunt of new US tariffs on imports from China.
President Trump has called April 2 ‘the big one,’ when retaliatory tariffs are set to hit. Wall Street and Washington are ...
Donald Trump is confident that Chinese President Xi Jinping will not attack Taiwan during his time in the White House, according to US Treasury secretary Scott Bessent. Speaking on CNBC ...
Wall Street is coming off another brutal week for equities, with the Nasdaq Composite falling deeper into correction ...
So far, the program is still available for use ahead of the April 15 tax filing deadline, and Treasury Secretary Scott Bessent committed during his January confirmation hearing to maintaining it ...
On Tuesday, U.S. Treasury Secretary Scott Bessent was asked about tariffs but pivoted to a looming government shutdown on Capitol Hill. “I think we’ve had a big unwind and the tariffs ...
The prospect of permanent Trump tax cuts. "It's common sense to cut taxes," Treasury Secretary Scott Bessent told influential CEOs of the Business Roundtable in a Wednesday afternoon meeting, a source ...
Last week, Treasury Secretary Scott Bessent appointed JR Gibbens ... business professor who has written widely on sovereign wealth funds — although “the marriage of fiscal and monetary policy could ...
The S&P 500 extended its drop from a Feb. 19 record to 9.5%, while the Dow Jones Industrial Average slid 1.4% on Tuesday.
As details emerged about talks between Adam Boehler, the US envoy for hostages, and a top Hamas representative, Israeli leaders quietly expressed their displeasure, saying Hamas is a terrorist organiz ...