News

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 ...
Treasury Secretary Bessent Speaks With CNN's Jake Tapper After US Loses Last Top Credit Score
Treasury Secretary Scott Bessent spoke with CNN's Jake Tapper on "State of the Union" after Moody downgraded the United ...
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, ...
US Treasury's Bessent to attend G7 finance meeting, focus on imbalances
U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will ...
Treasury Secretary Scott Bessent to House Committee: "We Have Set The Table For A Robust Economy"
Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...
Scott Bessent says tariff rates will return to ‘reciprocal’ levels if countries don’t reach trade deals with US
There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.
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 ...
Bessent to Rep. Velazquez: Telling You Details In Public Would Be "Detrimental" To Trade Negotiations
Rep. Nydia Velazquez grandstands while questioning Treasury Secretary Scott Bessent about ongoing trade negotiations during a ...
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, ...