Sir, I think it could set off a financial crisis, the likes of which we have not seen since ’08, ’09,” he said during a House ...

Treasury Secretary Scott Bessent warned that Congress could set off a financial crisis if it fails to pass the Republican tax ...

Treasury Secretary Scott Bessent warned on Fox News Tuesday that inaction from Congress on economic reform could lead to what ...

The CBO estimated last week that the tax-and-spending cuts package would increase deficits by $2.4 trillion over 10 years.

Defense Secretary Pete Hegseth will return to Capitol Hill at 10 a.m. to testify on the Defense Department’s fiscal budget, which is currently proposed at $813.5 billion.

After flying in overnight from London following trade negotiations with China, Treasury Secretary Scott Bessent appeared before a House Ways and Means Committee hearing that featured contentious ...

President Trump told reporters on Wednesday that he would send letters to trading partners in the next week or two setting ...

GOP Sen. Rand Paul said Sunday that "the math doesn't really add up" on the cost of President Trump's "one big beautiful bill ...

U.S. Treasury Secretary Scott Bessent said that the Republican tax and spending bill under consideration will prevent hundreds of billions of dollars of corporate tax payments from going to foreign ...

“I think the notion that any movements in the bond market are being driven by the action of Congress is what's wrong,” Bessent told Bloomberg TV. “Markets are very good at latching on to a stor ...

Beautiful Bill’) Bessent warned earlier in May that Republicans must act quickly to pass the president’s tax and spending bill, as Congress faces a mid-July deadline to raise the debt ceiling ...