Scott Bessent, the Treasury Secretary, has been tapped by President Trump to be acting director of the Consumer Financial ...

In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...

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

President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the ...

The Department of the Navy has confirmed a petition filing from the Veteran (VRN) for over 400,000 eligible military veterans ...

Tariff retaliation: Mexico and Canada immediately vowed to impose tariffs of their own. The Canadian prime minister, Justin ...

By Katelyn Polantz, Phil Mattingly and Tierney Sneed, CNN Washington (CNN) — A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department ...

Volatility in equities and bonds, as well as potential weakness in non-US currencies, could provide additional boosts to ...

Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund ...

Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...