Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer ...

Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.

The Secretary of the Treasury runs the U.S. Department of the Treasury, a Cabinet-level agency of the federal government. The department is responsible for crucial functions that help keep the ...

But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.

The US Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and ...

Washington — The Senate voted to confirm Scott Bessent as treasury secretary on Monday, as Senate Republicans work to quickly install President Trump's picks for top administration posts.

On Monday, the Senate voted to confirm Scott Bessent as President Trump’s pick to lead the U.S. Department of the Treasury. Bessent now takes on the tasks of helping to develop the new ...