Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.

That looming U.S.-China trade deadline? Don’t think too much about it, Treasury Secretary Scott Bessent is counseling investors.

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Donald Trump's tariff threats and rising tensions between Washington and BRICS countries look set to overshadow this week's meeting of G20 finance chiefs in Durban, South Africa.

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's about to be released -- he is entitled to early access --but said not to read too much into one month's number.

Japanese Prime Minister Shigeru Ishiba is arranging to meet U.S. Treasury Secretary Scott Bessent in Tokyo on Friday, the Yomiuri newspaper reported on Tuesday, ahead of an August 1 deadline to strike a trade deal with the United States.

Treasury Secretary Scott Bessent drew a provocative comparison between his current boss, Trump and his former mentor, the Hungarian-born Soros.

Scott Bessent, the U.S. Treasury Secretary, is skipping the G-20 finance summit in South Africa for the second time this year.