Mr Bessent blamed “prolific overspending” under former US president Joe Biden and regulations as the main drivers of “sticky ...

US Treasury Secretary Scott Bessent said Tuesday that tariffs are a crucial part of President Donald Trump's economic ...

Treasury Secretary Scott Bessent continued to dismiss angst over the efforts by DOGE to shrink the federal workforce and curb public spending, saying its name doesn’t stand for the “Department of ...

U.S. Treasury Secretary Scott Bessent on Tuesday argued that the U.S. economy is more fragile under the surface than economic ...

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and ...

According to the US Treasury, the sanctioned tankers move crude oil valued at hundreds of millions of dollars.

Nine out of 10 GP visits will be free by 2030 under an $8.5bn Labor policy that will be the centrepiece of its re-election pitch, which was quickly matched by the opposition.

The Trump administration's sharp pivot toward Russia and the president's verbal attacks on Volodymyr Zelenskyy sent shock ...

Chinese Vice Premier He Lifeng expressed "serious concern" over new U.S. tariffs in his first call with U.S. Treasury Secretary Scott Bessent since Donald Trump returned to the White House, as the ...

U.S. District Judge Christopher Cooper decided he could not grant a motion from unions representing the workers to temporarily block President Donald Trump’s mass firings of federal workers. He did, ...

Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent held an introductory call on Friday, during which they eac ...

Vice-Premier He Lifeng held a video call on Friday with US Treasury Secretary Scott Bessent, with both sides agreeing to ...