Treasury Secretary Scott Bessent faced lawmakers on the House Financial Services Committee on Tuesday, amid concerns over rapidly developing artificial intelligence (AI) and surging bond yields.

The treasury secretary claimed his department was looking at ways Trump could send out the checks without congressional approval and without impacting the deficit.

This week's chatter on AI's existential threat bled into questions House Financial Services Committee members asked Treasury ...

The hearing was nominally on the international finance system, including reforms to the International Monetary Fund and World Bank, but lawmakers peppered Bessent with questions about a variety of ...

Treasury Secretary Scott Bessent told the House Financial Services Committee on September 15, 2026, that the administration has a way to send Americans $5,000 checks, as MarketWatch reported, without ...

WASHINGTON, Sept 15 (Reuters) - U.S. Treasury Secretary Scott Bessent defended a range of Trump administration economic policies before lawmakers on Tuesday, from currency and bond market ...

Treasury Secretary Scott Bessent testified before Congress on the international financial system, touting dollar dominance, job creation, and ...

A tense congressional hearing erupted as Democratic Representative Jim Himes challenged Treasury Secretary Scott Bessent over the Trump administration’s economic policies and its intervention in ...

Treasury Secretary Scott Bessent and Rep. Linda Sánchez, D-Calif., traded barbs during a Thursday congressional hearing after she pressed him over a DOJ settlement requiring the IRS to end any ...

Sen. Ron Wyden, D-Ore., suddenly found himself on the defensive at a budget hearing on Wednesday when, amid levying accusations of the Trump administration’s "corrupt" dealings, Treasury Secretary ...

Add Yahoo as a preferred source to see more of our stories on Google. During the nearly three-hour-long hearing, Bessent brushed off concerns about AI and defended his department's intervention in the ...