Scott Bessent acknowledged that the "billions" in tariffs the president says are flowing "into" the U.S. are footed by ...

The United States imposed sanctions Thursday on 18 entities and individuals to target what the Treasury Department called a ...

Considered one of the most important macroeconomic hedge fund managers in the world, Scott Bessent (62), the 79th Treasury Secretary of the United States and therefore one of the most powerful ...

Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful note on bilateral relations at the start of their Sunday meeting in Beijing. Apr 6, 2024 ...

Delegations from the United States and China will meet Monday in Stockholm, Sweden to keep the current trade truce alive and ...

Bessent based his assumption that there’s a written and signed agreement on the trade deals reached with Indonesia and the ...

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said in a statement emailed to Newsweek.

The United States has been trying to make up lost ground in the geopolitical contest with China and Russia to cultivate relations in Africa. Nigeria, which is Africa’s largest economy, is key to ...

The former Missouri congressman had next to no experience with tax law when he was tapped to lead the tax collection agency ...