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During his remarks in a Senate hearing this week, Senator Peter Welch got into a heated exchange with Treasury Secretary Scott Bessent over the Trump Administration's use of tariffs.
President Trump is promising blockbuster economic growth in part because it is needed to pay for his 'big, beautiful bill.' ...
Treasury Secretary Scott Bessent's toughest negotiating partner is Congress, and the contest is his race to finance the ...
Ultraconservative Sen. Josh Hawley introduced a bill with Sen. Peter Welch to raise the federal minimum wage to $15 an hour.
Governor Newsom hinted at withholding California's federal tax contributions in response to Trump's funding cut threats.
Republicans have sought to discredit the CBO's analyses of the bill and say that the U.S. could head toward economic catastrophe if the measure is not passed.
Plaskett took note of how Bessent was interrupting other members of Congress during the hearing and reminded him on how manners work.
Japanese Finance Minister Katsunobu Kato said on Friday he had not specifically discussed Japan's $1 trillion-plus holdings of U.S. Treasury securities during past meetings with U.S. Treasury ...
Treasury Secretary Scott Bessent on Thursday declined to give clarity on the timeline for U.S. tariffs on China. In May, the U.S. and China agreed to a 90-day pause on sky-high tariffs, giving them ...
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...
U.S. President Donald Trump reiterated a warning from a month ago that countries will get information about tariff rates by ...
Scott Bessent told lawmakers he has no knowledge of DOGE access to the tax agency’s Integrated Data Retrieval System.