Hahn, a public affairs official who worked on trade and tax cuts at the Treasury Department, is also a veteran of Trump's first term.

U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources familiar with his plans told Reuters, but will attend the World Expo 2025 in Osaka,

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

The Trump administration announced Wednesday it has designated more than 20 entities as complicit in the facilitation of selling Iranian oil, which funds a paramilitary force considered a foreign terrorist organization.

T reasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a popular part of the Trump administration. Asked about Musk's move, Bessent told CNN's Dana Bash that the ideas behind the administration's Department of Government Efficiency effort, also known as DOGE, were "very popular."

The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, ahead of a U.S. deadline on Wednesday to finalize trade pacts.

President Donald Trump’s treasury secretary just told Elon Musk to stay out of politics. Cabinet member Scott Bessent took a shot at the Tesla CEO and former White House advisor after he revealed he was forming his own political party over the weekend.

Chinese Vice Premier Ding Xuexiang on Thursday met with former US Treasury Secretary Henry Paulson in Beijing. During the meeting, Ding said that strengthening cooperation based on the principles of mutual respect,

"Look, the principles of DOGE were very popular. I think if you looked at the polling, Elon was not," Treasury Secretary Scott Bessent said Sunday.

US Treasury Secretary Scott Bessent said on Tuesday that the federal government has collected nearly $100 billion in tariffs so far this year and could reach $300 billion by the end of 2025, driven by sweeping new import duties under President Donald Trump’s trade campaign.

Treasury Secretary Scott Bessent on Friday said he thinks trade negotiations could be “wrapped up” by Labor Day, providing a more relaxed framework for inking deals than the previously prescribed July 9 deadline.

Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, and this could grow to $300 billion by the end of 2025 as collections accelerate from President Donald Trump's trade campaign.