Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S.

Donald Trump has ruled out appointing Treasury secretary Scott Bessent to the Federal Reserve, as he narrows the list of candidates to lead the US central bank. The US president on Tuesday told CNBC ...

Federal Reserve Chair Jerome Powell, at left, President Donald Trump and Treasury Secretary Scott Bessent have something to reveal about gold, but they won't - at least not yet. A newly published ...

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

Recently, Bessent told Europe that it is not doing its part because it is yet to join the US in imposing secondary tariffs on ...

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins.

Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...

US Treasury Secretary Scott Bessent urged banning single-stock trades by Congress members, citing public trust concerns, as bipartisan pushes for legislation face resistance and political clashes over ...

The Trump administration, in both of its terms, has pressed the World Bank to stop lending to China. Treasury Secretary Scott Bessent has also called upon the bank and the International Monetary ...

Ahead of Independence Day, India marked a rare economic milestone. S&P Global upgraded the country’s long-term sovereign ...

FXStreet interviews experts to shed light on how these developments could position the US as a leading global crypto hub.