Bessent calls for series of rate cuts US Treasury Secretary Scott Bessent has reiterated his call for a half-point interest rate reduction at the Federal Reserve’s next meeting in September,
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WASHINGTON — Treasury Secretary Scott Bessent said Sunday that the U.S. will revert to steep country-by-country tariff rates at the beginning of August, weeks after the tariff rate pause is
US treasury secretary says Walmart will ‘eat some of the tariffs’ after Trump demand | Trump tariffs
The US retail giant Walmart will “eat some of the tariffs” in line with Donald Trump’s demands, the president’s treasury secretary Scott Bessent insisted on Sunday, claiming he received the
U.S. Treasury yields rose on Thursday as investors weighed the state of the U.S. economy after Federal Reserve Chairman Jerome Powell raised concerns about the inflationary and economic growth risks
Lawyers for the Trump administration argued late Sunday that a court order blocking Elon Musk’s aides from entering the Treasury Department’s payment and data systems impinged on the president’s absolute
Since taking office, President Trump has set his sights on big targets, like Greenland. But he has also taken aim at small ones, like paper straws. And pennies. On Sunday
CNN — President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent. “For
CNN — A federal judge, citing a risk of “irreparable harm,” has temporarily restricted Elon Musk’s government efficiency team from accessing a critical Treasury Department payment system. The judge’s order,
The stock market chugged along this week after Wall Street finally got good news on inflation. The S&P 500 is up 1.2%, and on track to gain 3.2% this week.
Donald Trump’s Treasury pick says unwinding tax cuts would spark ‘economic calamity’ Financial Times Trump’s Treasury pick Bessent says heavier Russia sanctions coming, no reason for digital currency CNBC Senate Democrats circulating
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