U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand.

"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Scott Bessent said of ongoing trade talks.Andrew Harnik via Top Trump officials ...

US Treasury Secretary Scott Bessent hints that the tariffs on Chinese goods could remain in place for some time.

U.S. Treasury Secretary Scott Bessent said India is profiting from sharply increased Russian oil purchases during the war in Ukraine, calling the situation unacceptable, CNBC reported on Aug. 19.