News

The U.S. doesn’t want ‘generalized decoupling’ from China, but a strategic break instead, Treasury secretary says
The world's two largest economies shouldn't totally cut themselves off from each other, but the U.S. still needs ...
Bessent on whether new tariff rates will continue past 90 days
Treasury Secretary Scott Bessent said as long as "good faith" negotiations are continuing that the new tariff rates will continue past 90 days. U.S. Trade Representative Jamieson Greer points out the ...
Scott Bessent Hails China Progress on Fentanyl
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.
Treasury Secretary Bessent sells tariffs rhetoric to Wall Street by talking up deregulation and tax cuts
At the Milken conference, Scott Bessent emphasized how tariffs, tax cuts, and deregulation will solidify America as 'the home ...
Bessent Says More U.S.-China Trade Meetings Likely in 'Next Few Weeks'
Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the countries struck a [temporary deal]( ...
Rep. Mark Pocan Grills Treasury Secretary Bessent: "Who Pays Tariffs?"
Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP.
Bessent sees tariff agreement as progress in ‘strategic' decoupling with China
The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the Treasury chief said.
Treasury Secretary Scott Bessent on X date, says US won't default
Treasury Secretary Scott Bessent said they are unclear still of the looming X date, when the U.S. would breach the debt ...
Public Broadcasting Service (PBS)6d
WATCH: Treasury Secretary Bessent testifies on the White House’s 2026 budget request
Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January.
Treasury Secretary Scott Bessent says bond yields are signaling it's time for the Fed to cut rates
The Treasury Secretary pointed to two-year Treasury yields as a signal that the market is ready for interest rate cuts from ...
Treasury's Bessent says US should be 'premier destination' for digital assets
Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...