Confirmed as 79th Treasury secretary Must manage tax negotiations, international economic relations Faces early test in navigating finances under debt ceiling Jan 27 (Reuters) - The U.S. Senate on ...

The U.S. Senate on Monday confirmed Scott Bessent ... Even before he was sworn in, the Treasury Department was using "extraordinary measures" to avoid breaching the cap and triggering a ...

U.S. Treasury yields declined on Monday morning as investors flocked to bonds following the announcement of the release of China's DeepSeek R1 large language model. As a result, equities tumbled ...

How shifting Treasury yields signal economic uncertainty and why Bitcoin could benefit as both a risk-on and safe-haven asset. The recent divergence in U.S. Treasury yields, where shorter-term yields ...

US Treasury Secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5% and rise gradually, per the Financial Times. New universal tariffs on imports to the US ...

I hope that he will focus the Treasury Department on bringing down costs for middle-class Americans,” Coons said in a statement, adding that he supports Bessent’s commitment to continue U.S ...

Billionaire hedge fund manager Scott Bessent has been confirmed as US Treasury secretary, tasked with implementing Donald Trump's economic policies including tax cuts and tariffs. Bessent supports ...

The Senate voted to confirm investor and billionaire hedge fund manager Scott Bessent to serve as President Donald Trump’s Treasury Secretary in a bipartisan fashion Monday evening. Senators ...

NEW YORK (Reuters) -Wall Street is asking regulators for more time to implement a rule requiring centralized Treasury clearing as banks and funds trading U.S. government bonds face a 2026 deadline.

Scott Bessent on Monday secured confirmation to lead the Department of the Treasury ... Bessent takes control of the Treasury with a humming U.S. economy. Gross domestic product (GDP) increased ...