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.

A tense exchange opened congressional testimony Wednesday when Treasury Secretary Scott Bessent went on the offensive against U.S. Sen. Ron Wyden, a fierce critic of Bessent, over emails Wyden's son ...

Treasury Secretary Scott Bessent says the K-shaped economy is over, but the data and many economists tell a different story. “I do believe the core inflation is slowing,” Bessent said in an interview ...

Treasury Secretary Scott Bessent defends economic policies during a House Committee hearing on Capitol Hill while facing sharp questioning from California Representative Maxine Waters. Bessent ...

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 ...

Rep. Maxine Waters, D-Calif., clashed with Treasury Secretary Scott Bessent over the Trump administration's push for artificial intelligence leadership versus regulatory safeguarding at a Senate ...

Scott Bessent says US sanctions and financial pressure are taking a growing toll on Iran's economy, with tougher enforcement against sanctions facilitators set to begin on September 23.

Treasury may raise longstanding bank reporting thresholds and take into account how long financial institutions have known their customers, Treasury ...