If confirmed, hedge fund manager Scott Bessent, who was named by Trump on Friday, will have to usher through promised tax ...
The lifting of the debt ceiling, a limit on government borrowing ... expires in January and outgoing Treasury Secretary Janet Yellen will likely make initial moves to avoid defaulting on the ...
I hate to rain on this parade, but the Department of Government Efficiency (DOGE) is not a real department,” Schiff noted in ...
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...
Kennedy and James Tobin, a Nobel-laureate economics professor at Yale, adviser to the Treasury Department, and Janet Yellen’s ...
Bessent's financial-market credibility could help the administration sell investors on the idea of more tariffs - even if those costs get passed along, said Stephen Myrow, managing partner of Beacon ...
Bessent beat out other prominent contenders including Apollo Global Management Inc. executive Marc Rowan, former Federal ...
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The Mexican Peso recovered at the start of the week following news of the appointment of Scott Bessent as future US Treasury ...
The debt ceiling, a cap on government borrowing to cover already ... The limit suspension technically expires in January and outgoing Treasury Secretary Janet Yellen will likely make initial moves to ...
The whiplash-inducing, “Hunger Games”-style race to become Donald Trump’s Treasury secretary made it easy to ignore what has ...