Trump considers naming Fed Chair replacement early to pressure rate cuts, with Kevin Warsh and Scott Bessent among top contenders for the position.

When President Donald Trump last rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his ...

Despite a judge ordering Abrego Garcia’s release, he still remains in custody after claiming that he feared he’d be deported ...

The shocking conclusion of the Trump administration’s investigation into Epstein has already produced stark schisms within ...

U .S. Treasury Secretary Scott Bessent on Sunday warned that countries that don’t make trade deals with the U.S. will return to their April 2 tariff rates starting in August, while noting that the ...

Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald Trump, ...

A native of South Carolina, Bessent is a graduate of Yale University. Treasury secretary is a Senate-confirmed position. Janet Yellen is the current treasury secretary under President Biden.