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 ...

According to a White House memo sent to federal agencies in late February, each agency has until Thursday to develop a report on its plans to reduce its workforce, the results of which could be ...

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 ...

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 ...

His Treasury secretary, Scott Bessent, also said the economy may go through a "detox" period as it weans off an addiction to ...

Treasury Secretary Scott Bessent warns that the US economy may see some disruption as the Trump administration shifts the basis for growth away from the government and toward the private sector.