Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump's US Treasury pick Bessent says extending tax cuts a top priority
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day.
Trump’s pick to lead the Treasury Department backs tariffs and extended tax cuts during confirmation hearing
South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during his Senate confirmation hearing to be the country’s next treasury secretary.
Trump's Treasury Secretary pick to face big questions at confirmation hearing
Trump Treasury Secretary nominee Scott Bessent faces a Senate panel on Thursday and can expect grilling from a Democratic watchdog of Wall Street.
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Treasury nominee plans to say at confirmation hearing that Trump will unleash 'economic golden age'
U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.
Bessent calls for stronger Russia sanctions at treasury confirmation hearing
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Instant Reaction: Scott Bessent Treasury Confirmation Hearing
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill
US recovers $31 million in federal payments to dead people
The U.S. government has clawed back more than $31 million in Social Security payments that improperly went to dead people.
Chinese hackers accessed Yellen's computer in US Treasury breach, Bloomberg News reports
U.S. Treasury Secretary Janet Yellen's computer was hacked and unclassified files were accessed as part of a broader breach ...
Chinese hackers breach US treasury systems, access secretary Janet Yellen’s computer: Report
In the latest instance of a high-profile cybersecurity breach, Chinese state-sponsored hackers accessed hundreds of US ...
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
US Home Insurance Costs Rose More Steeply in Areas of Climate Risk, US Treasury Dept Study Finds
WASHINGTON - Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils pay far more for ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
More alleged Chinese intrusions into the US Treasury revealed
In a separate recent attack, Chinese group Salt Typhoon allegedly breached 9 major telecommunications firms in a huge ...
US sanctions leader of Sudanese Armed Forces over war crimes, humanitarian crisis
The US Department of Treasury on Thursday sanctioned Abdel Fattah Al-Burhan, the leader of the Sudanese Armed Forces (SAF).