"There is an opportunity for a big deal here," between the U.S. and China, Treasury Secretary Scott Bessent said. The U.S. needs to rebalance to more manufacturing and exports and away from ...

While China is poised to gradually diversify its foreign exchange reserves away from US dollar assets in line with shifts in ...

House GOP plows ahead to advance key components of its bill to fund Trump’s agenda -- including taxes and Medicaid cuts -- ...

Three key committees are putting pen to paper on Trump's "big, beautiful bill." But lawmakers are at odds over policies with ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

Trump plans to announce while on his trip to Saudi Arabia next week that the United States will now refer to the Persian Gulf ...

Treasury Secretary Scott Bessent and trade representative Jamieson Greer will meet with their counterparts in Geneva in the ...

Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem defended key elements of President Donald ...

Presidential demands for lower interest rates are falling on deaf ears at the Fed as near-term inflation concerns limit the ...