Bessent believes market pullbacks are benign, and Trump’s pro-business policies will boost the economy in the long run.

Last week, the stock market lost more than $4 trillion in value as investors watched their retirement plans sink deuing Trump's second month back in office.

An executive order issued late Friday cut the Treasury Department Community Development Financial Institution Fund and other ...

In a recent speech, Scott Bessent threw more cold water on a Trump campaign promise to lower the cost of living.

"Just say thank you," Treasury Secretary Howard Lutnick told CBS News' chief White House correspondent Nancy Cordes during an ...

Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes ...

At a White House summit last week, Commerce Secretary Howard Lutnick spoke passionately about the administration’s plans to ...

Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the ...

Trump’s Treasury Secretary claims cheap goods are ‘not the essence of the American Dream’ - ‘The American Dream is rooted in ...

Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.