While the Fed has made two consecutive rate cuts, Treasury Secretary Scott Bessent says slow action could deepen the slump in ...

"I'm actually going to go and sit, hopefully in the front row, and have a ringside seat," Treasury Secretary Scott Bessent ...

Demand has shrunk in recent months because of ongoing affordability issues keeping homebuyers to the sidelines of the market, ...

U.S. Treasury Secretary Scott Bessent warned that parts of the U.S. economy, particularly the housing sector, may already be ...

On Friday, President Trump signaled he would fund SNAP if pointed in “the appropriate legal direction” after a federal judge directed officials to use an emergency fund for the program.

By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high ...

Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to ...