Treasury Secretary Scott Bessent took issue with the Congressional Budget Office's scoring of the "One Big Beautiful Bill," ...

U.S. Treasury Secretary Scott Bessent on Friday offered his take on the bond market’s moves, after many analysts said a surge in Treasury yields was ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

WASHINGTON -- The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...

President Donald Trump and Treasury Secretary Scott Bessent have a herculean task ahead of them in turning around the U.S.

Makes tax cuts from the 2017 Tax Cuts and Jobs Act permanent that fiscal hawks complain adds trillions of dollars to the deficit over the next decade; does not include a tax increase on the wealthiest ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...