The Latest Breaking News from Scott Bessent

The Fed didn’t want to get embroiled in politics in 2025—or ever. But Bessent wants them even further out of the public eye.

Treasury Secretary Scott Bessent on Tuesday dismissed fears that the U.S. economy has become dangerously addicted to artificial intelligence (AI) spending, arguing instead that investment is poised to broaden into a wider industrial resurgence.

Treasury Secretary Scott Bessent weighed in on New York City Mayor-elect Zohran Mamdani's recent Oval Office visit to meet President Donald Trump, with a candid take on the Democratic leader’s campaign, policies and the meeting's surprising optics.

The U.S. economy is projected to grow modestly in 2026, though job creation is expected to stay weak, according to a new NABE survey.

Trump’s proposed $2,000 tariff dividend could impact your wallet. Here’s what to know now and what it could eventually mean for middle-income Americans.

Treasury Secretary Scott Bessent on Sunday urged Senate Republicans to be ready to scrap the legislative filibuster if Congress triggers another government shutdown when current funding expires in late January, aligning himself with President Donald Trump's demands to end the 60-vote hurdle.

Treasury Secretary Scott Bessent defended the Trump administration's handling of inflation and affordability, dismissing concerns over recent consumer price increases and forecasting relief for American households ahead of the holidays.

“Consumer price inflation is near 3%, well above the Fed’s inflation target, and everything points to even higher inflation dead-ahead.”

Here's who might qualify and how Americans could receive the money.

Congressional Budget Office downgrades forecast on president’s levies on imported goods, casting fresh doubt on his pledge to send U.S. citizens a rebate

The president also disclosed for the first time that Bessent has been advocating for Powell to remain as chair until his term expires in May.