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China tariff escalation a big mistake, US Treasury Secretary says
U.S. tariff negotiations are the result of calls from other countries not sliding financial markets and China's escalation is ...
Treasury Secretary Bessent tells countries not to retaliate after sweeping 'Liberation Day' tariffs
Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on "Special Report." ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
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IRS to stop issuing checks as part of Trump executive order
WASHINGTON -- An executive order signed by President Donald Trump last month is overhauling the way the government issues ...
Treasury secretary: ‘My advice to every country right now is do not retaliate’
Treasury Secretary Scott Bessent encouraged countries around the world to refrain from retaliating against the U.S. in light ...
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Treasury Sec Has 3-Word Response To Countries After ‘Liberation Day’ Tariffs
President Donald Trump announced on his self-proclaimed “Liberation Day” and declared a 10% tariff on all goods as well as ...
Treasury secretary blames China’s DeepSeek for stock-market plunge: ‘A Mag 7 problem, not a MAGA problem’
The stock market plunge has more to do with the emergence this year of China’s DeepSeek artificial intelligence tool than ...
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US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Copyright 2025 The Associated Press. All Rights Reserved. Treasury Secretary Scott Bessent speaks with reporters at the ...
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Treasury Department announces new sanctions on people allegedly linked to Sinaloa cartel
The Sinaloa Cartel is considered one of the most notorious drug trafficking cartels in the world, and the United States has ...
Former US treasury secretary warns of likely recession in America, two million layoffs
Former US Treasury Secretary Lawrence Summers said that the United States is likely heading into a recession, with the possibility of two million Americans losing their jobs as a result of the ongoing ...