Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.

Former Treasury Secretary Lawrence Summers criticized the current U.S. Treasury Secretary Scott Bessent for weighing too ...

The stablecoin market is worth about $250bn, according to research from the Federal Reserve Bank of Kansas City — tiny ...

Trump said the U.S. and China would ultimately have “a great relationship," even as he warned that he could “destroy China" ...

Treasury Secretary Scott Bessent said the Trump administration was “laser focused” on paying down the national debt with ...

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

US Treasury Secretary Scott Bessent claimed some of the “richest families in India” benefited from the purchase of Russian ...

Bessent says debt, not rebate checks, will be administration’s priority for tariff revenue as prices rise for Americans ...

U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President ...

U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of ...

Treasury Secretary Scott Bessent says that tariff revenue is likely to exceed $300 billion this year, adds that the funds ...

Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate checks.