News

US Treasury secretary: no risk of China weaponizing Treasuries despite bond market volatility
U.S. Treasury Secretary Scott Bessent in an interview with Yahoo Finance on Tuesday dismissed concerns over China weaponizing ...
Treasury Secretary Scott Bessent to America's biggest CEOs: Stop worrying
CEOs have warned on the economy because of Trump administration tariff policies. US Treasury Secretary Scott Bessent has a ...
Ex-Treasury secretary: US being treated as ‘problematic emerging market’
Former Treasury Secretary Larry Summers said Wednesday that the U.S. is being treated as a “problematic emerging market.” ...
US Treasury Sec Bessent invites South Korea finance minister for trade talks next week
South Korean Finance Minister Choi Sang-mok will hold a meeting with U.S. Treasury Secretary Scott Bessent next week to ...
Treasury Secretary Scott Bessent says Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations
In an interview with NBC News’ “Meet the Press,” Bessent called it a “false narrative” that people who are close to retiring ...
Treasury Explores Whether to Ease Capital Rule on US Bonds
Deputy Treasury Secretary Michael Faulkender said that US officials are discussing a potential rule change for banks that ...
Treasury Secretary Scott Bessent: China's trade war escalation 'big mistake'
The U.S. goods trade deficit with China was $295.4 billion in 2024, a 5.8 percent increase ($16.3 billion) over 2023.
The Treasury Secretary Needs Better Data on How You Save for Retirement
Scott Bessent said on television that most people kept 401(k) money in a 60% stock fund. It’s not quite that simple.
US Treasury in talks with federal agencies to ease bank oversight, Bloomberg News says
U.S. Treasury Secretary Scott Bessent is hosting private meetings with federal and other bank agencies as a part of his ...