Stablecoins are designed to maintain a constant value, usually a 1:1 US dollar peg, and their use has exploded, notably by crypto traders moving funds between tokens. The industry hopes they will ...

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

I.R.S. Commissioner in Oval Office: Trump held a ceremonial swearing-in in the Oval Office for the new commissioner of the ...

In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...

Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...

During a Senate Finance Committee hearing on June 12, 2025, Senator Ben Ray Luján (D-NM) pressed Treasury Secretary Scott ...

US Treasury Secretary Scott Bessent said Friday that a trade deal with Japan remained possible, following talks in Tokyo ahead of the looming August 1 imposition of new tariffs.

In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...

A mutually beneficial U.S.-Japan tariff agreement is still possible, Treasury Secretary Scott Bessent said on Friday after ...