Fed chair Jay Powell has said the Fed expects tariffs to only temporarily lift inflation, though the one-time increase in price level could be spread over several quarters.

The Treasury chief says the administration has a backup plan to preserve its tariff strategy should the Court strike it down.

Saying that some Democrats had walked into his “bear trap,” the Treasury secretary urged them: “Join me and cut taxes, and that will be disinflationary.” ...

U.S. Treasury Secretary Scott Bessent expressed confidence that the administration would be able to enforce its tariff policies, regardless of the outcome of an ongoing Supreme Court case.

The following is the transcript of the interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with ...

Treasury Secretary Scott Bessent says he has divested from his North Dakota soybean farmland. This move comes as he leads ...

The next 11 months will be pivotal for Bessent ahead of the midterm elections, where affordability and the cost-of-living in ...

DealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. Treasury Secretary ...

NEW YORK, Dec 3 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic outlook ...

Those hoping for a Christmas miracle when it comes to a Supreme Court ruling on President Donald Trump's "reciprocal" tariffs ...