By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to accelerate rate cuts.

WASHINGTON — Treasury Secretary Scott Bessent and Bill Pulte, director of the Federal Housing Finance Agency, got into an explosive argument last week — with threats of physical violence involved, The Post has confirmed. Two sources say that Bessent ...

Treasury Secretary Scott Bessent said the United States plans to set price floors across sectors such as rare earths, suggesting a significant escalation in the administration's market interventions aimed at countering China's influence over supply chains.

Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States. By Alan Rappeport and Colby Smith Reporting from Washington As a top investor for the liberal philanthropist George ...

The Trump administration has finalized plans to provide a $20 billion lifeline to Argentina, Treasury Secretary Scott Bessent said Thursday via social media. Additionally, the United States “directly” purchased Argentine pesos, Bessent said, a rare ...