China accused the US of weaponizing tariffs to pressure other countries into cutting trade with Beijing and vowed to "take countermeasures in a resolute and reciprocal manner" against countries that ...

When U.S. President Donald Trump suspended so-called reciprocal tariffs for 90 days on April 9, U.S. Treasury Scott Bessent emerged as the economic face of the Trump administration, helping to calm ...

“Access to cheap goods is not the essence of the American dream,” Bessent said during a speech at the Economic Club of New ...

Treasury Secretary Scott Bessent said Michael Faulkender, who was confirmed as deputy Treasury secretary at the end of March, ...

When the headline says that Scott Bessent might have saved the global economy, you know we are in deep trouble.

When the headline says that Scott Bessent might have saved the global economy, you know we are in deep trouble.

South Korea and the US will hold trade consultations this week in Washington at the suggestion of the US, Seoul’s trade ...

President Trump is relying on a cast of economic advisers with differing viewpoints and backgrounds as he implements a ...

Musk’s status as a special government employee means he can’t stick around forever — but that doesn’t necessarily mean he’s ...

Faulkender will be the fifth person to lead the IRS this year. Shapley took over for Melanie Krause, who departed from the job after the agency agreed to share tax information with federal immigration ...

President Donald Trump has replaced the acting IRS commissioner just days after he appointed him. The new acting head is Deputy Treasury Secretary Michael Faulkender, according to a statement on ...