Treasury Secretary Scott Bessent said Thursday that the money the U.S. is bringing in from its reciprocal tariffs could help bridge the widening gap between federal revenue and government spending.

Treasury Secretary Scott Bessent on Wednesday defended the administration’s aggressive trade policies, unveiling a ...

Bessent sees his "3-3-3" plan as still in reach — 3% growth, a 3% deficit-to-GDP rate and a 3 million barrels per day ...

Washington runs on promises. Most of them are cheap, because the people who make them are rarely still in the room when the bill comes due. The federal budget is the one place where every promise ...

On CNBC’s Squawk Box, Treasury Secretary Scott Bessent argued that the U.S. economy can return to strong growth without ...

Treasury Secretary Scott Bessent expressed confidence that U.S. GDP growth can return to 3% before the end of the year, ...

(The Center Square) – U.S. Treasury Secretary Scott Bessent pledged in two congressional hearings to cut the federal deficit to 3% of GDP, a target the government's own budget projections do not ...

(The Center Square) – President Donald Trump's next budget projects federal deficits running more than double Treasury Secretary Scott Bessent's stated target through at least 2029 while also calling ...