Sir, I think it could set off a financial crisis, the likes of which we have not seen since ’08, ’09,” he said during a House ...

In testimony before the Ways and Means Committee on Wednesday, Bessent emphasized to lawmakers that the stakes of passing the legislation are exceedingly high.

Democrats questioned Treasury Secretary Scott Bessent over the effect of Republicans’ “big, beautiful” reconciliation bill on ...

Treasury Secretary Scott Bessent warned on Fox News Tuesday that inaction from Congress on economic reform could lead to what ...

After flying in overnight from London following trade negotiations with China, Treasury Secretary Scott Bessent appeared before a House Ways and Means Committee hearing that featured contentious ...

Beautiful Bill’) Bessent warned earlier in May that Republicans must act quickly to pass the president’s tax and spending bill, as Congress faces a mid-July deadline to raise the debt ceiling ...

House-passed bill slashes income of poorest Americans by $1,600 & boosts wealthy by $12,000, middle-income families gain ...

Ultraconservative Sen. Josh Hawley introduced a bill with Sen. Peter Welch to raise the federal minimum wage to $15 an hour.