The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with ...

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and ...

Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Bessent spoke before the Senate Finance Committee about his economic vision for America, addressing key issues like tax ...

South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during ...

Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the ...

Scott Bessent’s “3-3-3” agenda “requires brutal cuts to health and nutrition and higher costs for families at the grocery ...