Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with ...

U.S. Treasury nominee Scott Bessent is facing sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions ...

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the ...

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.

Other officials have also announced they will resign on Inauguration Day, including FBI Director Christopher Wray, Securities ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Scott Bessent will appear before politicians on Capitol Hill to answer questions over his stance on taxes, tariffs, trade and ...

Kristi Noem, Donald Trump’s pick to oversee the Department of Homeland Security, will appear before senators for her confirmation hearing. Follow for the latest news about Trump’s presidential ...

Emboldened by voter support and past legal wins, the new administration intends to move aggressively and push the limits of ...