The possibility that President Donald Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads from Washington to Wall Street and beyond.

Treasury Secretary Scott Bessent drew a provocative comparison between his current boss, Trump and his former mentor, the ...

Scott Bessent, the U.S. Treasury Secretary, is skipping the G-20 finance summit in South Africa for the second time this year ...

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...

Treasury Secretary Scott Bessent late Sunday fired back at Larry Summers for the former Treasury secretary’s criticism of ...

U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources ...

The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks ...

Treasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a ...

Treasury Secretary Scott Bessent on Friday said he thinks trade negotiations could be “wrapped up” by Labor Day, providing a ...

Scott Bessent, President-elect Donald Trump's nominee for Department of Treasury secretary, will appear before the Senate on Thursday for his confirmation hearing. Bessent, who reportedly gave ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. CNN values your feedback 1.