Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...

Sources close to the Trump transition team said fellow Queens native Dimon, 68, has acted as “a sounding board” for the ...

The president-elect cares about financial markets, our columnist says. That gives investors a restraint on his decisions, ...

Government spending cuts and Elon Musk's DOGE initiative face challenges. See why cash-rich AI stocks and 1 ETF may be a ...

Another check on the administration could be the fear of tariff-induced inflation. Americans’ experience of the highest price ...

Asked to comment on Trump's economic picks, Trump-Vance transition spokeswoman Karoline Leavitt said in a statement: "The American people re-elected President Trump by a resounding margin giving him a ...

Centrally planned economies always fail. This was the case made by renowned hedge fund manager and future Donald Trump treasury secretary nominee Scott Bessent in a June speech to the Manhattan ...

President-elect Donald Trump’s economic team is led by conventional experts, who may moderate his trade policy.

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

Trump's promise to impose a 25% tariff on all imports from Canada and Mexico mimics his old strategy of using tariff threats ...

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

US Treasury bonds fell after President-elect Donald Trump threatened to slap additional tariffs on US trade partners, ...