Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...

The dollar is heading for its biggest weekly loss in three months as investors start to rethink the so-called Trump trade ...

Still, Trump's nomination of Scott Bessent to the top Treasury post raised hopes that tariffs will be more measured. And with ...

President-elect Donald Trump has assembled a Cabinet with some unexpected choices, featuring individuals whose backgrounds ...

Trump’s first administration was the least racially diverse in decades. More than 80 percent of his latest nominees are white ...