In an interview with Fox Business, Treasury Secretary Scott Bessent discusses Trump's priorities: fiscal discipline, economic growth, and tariff strategy.

U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.

In just two weeks as Treasury chief, Scott Bessent has seen plenty of turbulence. The department became a target of Elon Musk’s crackdown on federal spending — triggering protests outside Bessent’s ...

Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...

Should you find it difficult to put much stock in what a Trump official says, there are economic factors that explain the ...

Bank of England Governor Andrew Bailey and other senior officials are due to hold a press conference at 1230 GMT.

U.S. stocks were mixed on Thursday, near record highs, but another big focus was the 10-year Treasury yield. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was focused ...

Several U.S. states already have sovereign wealth funds — government-controlled investment funds that enable excess capital ...