Treasury Secretary Scott Bessent earlier this month. (Juan Ignacio Roncoroni/Shutterstock) The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption ...

Scott Bessent had Donald Trump’s ear. The Treasury Secretary had begun to encourage the president to pause his campaign on global tariffs to cut trade deals and isolate rival China. On a flight ...

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and he expects a “de-escalation” in the ...

The vice president and budget director are viewed internally as open to the idea, but some conservatives warn of “Bernie ...

Scott Bessent may have the unhappiest job in Washington, D.C. As President Trump's Treasury secretary, he's a point man in Trump’s damaging trade war with China and many other trading partners.

Victoria Guida is an economics correspondent at POLITICO and author of Capital Letter, a reported column that probes policies shaping the American economy and is closely read by policymakers and ...