Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs,

Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.

The White House says that US President Donald Trump is still thinking about imposing tariffs on imports from Canada, Mexico and China starting on February 1.

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.

Scott Bessent, President-elect Trump's pick for treasury secretary, will appear for a Senate Finance Committee confirmation hearing on Thursday, where he will discuss the incoming president's economic vision.

President Xi Jinping’s government reached last year’s 5% growth target, a well-telegraphed victory that came as little surprise. But a closer look at the numbers reveals a reliance on trade that’s set to inflame US ties.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

Chrystia Freeland sent shockwaves through Canada when she resigned as Prime Minister Justin Trudeau’s Finance Minister in December. Her public resignation letter blasted Trudeau for not doing enough to prepare for the second Trump administration.

The U.S. Senate voted Monday to confirm hedge fund manager and South Carolina native Scott Bessent as the 79th Secretary of the Treasury.