The U.S. Treasury Secretary and America’s top trade negotiator will meet with high-ranking Chinese officials in Switzerland this weekend to de-escalate a dispute that threatens to cut off trade ...

Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

The S&P 500 fell 0.3% in afternoon trading and is on track for a dip of 0.7% for the week. This may be the first week in ...

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend ...

President Donald Trump is contemplating reducing tariffs on China from 145% to 80% as U.S. and Chinese officials prepare for ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

China and the U.S. plan to hold long-awaited trade talks in Switzerland this weekend. Here are the key officials that are expected to participate. Scott Bessent, U.S. Treasury Secretary: The Treasury ...

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the ...

Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay ...