President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.

Former Treasury Secretaries penned an op-ed Monday expressing their concerns that officials at Elon Musk’s Department of ...

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...

WASHINGTON (Reuters) -U.S. President Donald Trump's tariff plans are largely aimed at bringing manufacturing back to the United States, Treasury Secretary Scott Bessent told Fox Business on ...

WASHINGTON — In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director ...

Scott Bessent, who was confirmed as Treasury secretary last week, has been named acting director of the Consumer Financial Protection Bureau. Bessent replaces Rohit Chopra, who was fired on Saturday.

Omar Chatriwala / Getty Images 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 ...

Scott Bessent ’84, President Donald Trump’s nominee for Treasury secretary, was confirmed by the Senate on Monday in a 68-29 vote. A billionaire investor and former adjunct professor at Yale, Bessent ...

The US Senate on Monday confirmed Scott Bessent to be US President Donald Trump’s Treasury secretary, giving the billionaire hedge fund manager a central role in shaping the new administration’s ...

Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping economic agenda. Bessent ...

The U.S. Senate confirmed Scott Bessent as Treasury secretary, making him the highest ranking openly LGBTQ official in American history. Screengrab from the Associated Press, YouTube Newly minted ...