During a dinner event for business leaders in Japan several weeks ago in October, Donald Trump praised Treasury Secretary Scott Bessent for "soothing" the stock market after he swoops in and "disturbs ...

The Federal Reserve formally adopted its current 2% target in 2012, a benchmark shared by many central banks globally. Bessent cautioned against changing the target while inflation remains above it, ...

Treasury Secretary Scott Bessent backed the idea of reconsidering the Federal Reserve’s 2% inflation target once the US has ...

Treasury secretary Scott Bessent has outlined the Trump administration’s plan for the “merger” of Main Street and Wall Street ...

"I would expect that in the new year, the president will bring forth a proposal to Congress to make that happen," Director of ...

Students of modern Chinese history may hear a faint, ironic echo. In 1982, Deng Xiaoping famously launched his reform era by declaring China would pursue “socialism with Chinese characteristics”: an ...

President Donald Trump has recently revived the idea of what he has described as "tariff dividend" payments, suggesting that ...

Prime Minister Mark Carney has formally announced that Canadian financier Mark Wiseman will serve as the next ambassador to ...

Trump first mentioned a $2,000 tariff dividend in November. As 2025 comes to a close, here's the latest on when the payment could be sent out.

Treasury secretaries have long avoided partisanship, fearing that it might undermine their credibility with investors and leaders. Not Scott Bessent.

Treasury Secretary Scott Bessent is working to cajole the private sector into financing the administration’s Trump Account investment program, framing it as a favor to the president.