The Latest Breaking News from Scott Bessent

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers weigh how each candidate could impact Fed independence and dollar strength.

Trump said in an interview with CNBC that he had removed Treasury Secretary Scott Bessent from consideration for Fed chair because Bessent wanted to remain in his current role.

With inflation and unemployment rising, Democrats must speak out – and show they care about the average voter

The past week has been a whirlwind of economic events, with President Donald Trump making headlines for his bold claims and controversial decisions. From touting a new trade agreement with the EU to launching a new round of tariffs, Trump’s actions have stirred up both support and criticism.

U.S. Treasury Secretary Scott Bessent said Friday he's optimistic about reaching a trade agreement with China as President Donald Trump launched a sweeping new round of tariffs affecting dozens of countries.

US president blindsides Asian partners with steep new levies that threaten to redraw region’s economic and strategic map, Shweta Sharma writes

Some Chinese officials worry that the U.S.'s decision to embrace stablecoins through the Genius Act might reverse the trend of de-dollarization.

The UN has called for a full ceasefire and for Israel to allow humanitarian aid in. Plus, Trump accused of ‘direct attack’ on Brazilian democracy over judge sanctions

Democrats seized on the comment as a signal that Republicans want to privatize Social Security—an unpopular GOP idea that was floated 20 years ago and swiftly abandoned