"There is an opportunity for a big deal here," between the U.S. and China, Treasury Secretary Scott Bessent said. The U.S. needs to rebalance to more manufacturing and exports and away from ...

The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector ...

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

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

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a ...