Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

Trade between the world’s two largest economies is on the brink of chaos again. The outgoing Biden administration has turned ...

During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...

Donald Trump's nominee for Treasury Secretary Scott Bessent said that fair trade is more important than free trade during a Senate confirmation hearing Wednesday, saying that SCOTT BESSENT: After our ...

Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired ...

Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who ...

Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Scott Bessent called carbon tariffs against the Chinese an “interesting idea” but balked at the idea of a “clean energy race.

Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...

Secretary of the Treasury nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden that America is not engaged in a ...