united states secretary of the treasury

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Moodys downgrade of U.S. credit rating serves

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Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'

Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.

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Treasury Secretary Bessent Speaks With CNN's Jake Tapper After US Loses Last Top Credit Score

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Moody's downgrade of U.S. credit rating serves as a 'warning sign' for American economy

Moody's downgrade intensifies investor worry about US fiscal path

Indonesian rescue teams were searching for 19 people missing after heavy rain caused a landslide at a gold mine in its easternmost region of Papua, officials said on Monday.

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Stocks, Bonds And The Dollar Fall After Moody's Downgrades U.S. Credit Rating

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The real warning behind the U.S. losing its perfect credit rating

treasury secretary, Trump and Scott Bessent

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Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more

Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before,

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US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says

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Treasury Secretary Scott Bessent says Trump's 'strategic uncertainty' is a negotiating tactic

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Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

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Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

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Bessent defends Trump’s Qatari luxury jet gift: ‘French gave us the Statue of Liberty’

Treasury Secretary Scott Bessent defended the Trump administration’s decision to accept a $400 million luxury jet from Qatar, comparing it to the French gift of the Statue of Liberty, while

Wall Street futures, dollar ease in wake of credit blow

Wall Street share futures slipped with the dollar on Monday and Treasury yields rose as concerns about erratic U.S. economic policies were underlined by Moody's downgrade of the country's credit rating.

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United States and China agree to temporarily suspend or cut most tariffs for 90 days

The two most important pieces to the global trade war puzzle may finally be coming together to prevent an attempted self-inflicted recession by the president.

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Treasury's Bessent says US should be 'premier destination' for digital assets

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks for the digital assets industry.

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Trump to shift consumer watchdog pick to senior Treasury role

U.S. President Donald Trump's pick to lead the Consumer Financial Protection Bureau, Jonathan McKernan, has instead been nominated to a senior role in the Treasury Department, the Treasury said in a statement on Friday.

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Treasury Sec. Bessent: Walmart will ‘eat some of the tariffs’ after announcing price hikes

After speaking with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent echoes President Trump, saying Walmart will need to absorb some of the president’s tariffs. The retailer had warned that consumers would see higher prices as a result of the trade war.