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Treasury Secretary Scott Bessent

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

USA TODAY on MSN · 3d

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

Chicago Tribune · 1d

US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says

U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two days of negotiations with a high-ranking Chinese delegation on ways to

6hon MSN

Here's a look at the sectors getting a boost from the truce in the US-China trade war

Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese ...

U.S. Treasury Secretary says "substantial progress" made in China tariff talks but details remain scarce

Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of ...

AlterNet on MSN3h

'It's Trump who blinked': Former treasury secretary rips president over China negotiations

Former Treasury Secretary and economic analyst Lawrence Summers has said that President Donald Trump "blinked" during the United States' recent negotiations with China, in which both countries agreed ...

Shacknews16h

United States and China agree to temporarily suspend or cut most tariffs for 90 days

The two most important pieces to the global trade war puzzle may finally be coming together to prevent an attempted ...

Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope

Chinese state media report the U.S. Treasury Secretary and America's top trade negotiator have begun talks with high-ranking ...

3don MSN

Trump to shift consumer watchdog pick to senior Treasury role

U.S. President Donald Trump's pick to lead the Consumer Financial Protection Bureau, Jonathan McKernan, has instead been ...

Stocks and dollar surge on United States and China tariff pause

LONDON: Stocks and the US dollar surged after the United States and China said they agreed on a 90-day pause on tariffs and ...

Schumer: China ‘got the better of Trump’

Senate Democratic Leader Chuck Schumer (N.Y.) says China “got the better” of the Trump administration after Treasury ...

5don MSN

Treasury's Bessent says US should be 'premier destination' for digital assets

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...

Tuko News on MSN6d

No signs of US recession, Treasury Secretary says

There are currently no signs that the United States has entered a recession despite the world's largest economy recording a ...

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