Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs ...

The United States is moving closer towards the easing of regulations in cryptocurrency industry with one of several bills ...

President Donald Trump wants Federal Reserve Chair Jerome Powell to consider the cost of the government’s ballooning debt service payments when the central bank meets later this month.

Treasury Secretary Scott Bessent said in June that the legislation could ... and efforts to sell the White House to the highest bidder,” said California Rep. Maxine Waters, the top Democrat on the ...

Treasury Secretary Scott Bessent said in June that the legislation could ... and efforts to sell the White House to the highest bidder,” said California Rep. Maxine Waters, the top Democrat on the ...

As the ranking member of the House Committee on Financial Services, Waters made an attempt to undermine Bessent's credibility, but her efforts ultimately fell flat. Remarkably, Bessent took the ...

U.S. Treasury Secretary Scott Bessent on Wednesday described the tax bill President Donald Trump signed into law this month as a way of eventually privatizing Social Security. The law created a ...

Treasury Secretary Scott Bessent insisted Wednesday that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but suggested the pressure on the Fed to lower interest rates ...

Treasury Secretary Scott Bessent said Wednesday on Fox News’ “The Ingraham Angle” that the Trump administration will announce a potential new Federal Reserve chairman nominee in either ...

Treasury Secretary Scott Bessent is facing heavy backlash from Democrats over a Wednesday remark in which he talked about “a backdoor for privatizing Social Security.” “In a way, it is a ...

U.S. Treasury Secretary Scott Bessent on Wednesday likened new savings accounts in a bill President Donald Trump this month signed into law to "a backdoor for privatizing Social Security ...