Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of Trump.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

Bessent has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Job Act ...

With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government spending. The investor and hedge fund manager, who cleared the Senate on Monday ...

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...