Treasury Secretary Scott Bessent said Thursday that the money the U.S. is bringing in from its reciprocal tariffs could help bridge the widening gap between federal revenue and government spending.

Treasury Secretary Scott Bessent on Wednesday defended the administration’s aggressive trade policies, unveiling a comprehensive “3 through 3” economic blueprint designed to sustain high GDP growth ...

Washington runs on promises. Most of them are cheap, because the people who make them are rarely still in the room when the bill comes due. The federal budget is the one place where every promise ...

Bessent sees his "3-3-3" plan as still in reach — 3% growth, a 3% deficit-to-GDP rate and a 3 million barrels per day increase in oil production.

(The Center Square) – U.S. Treasury Secretary Scott Bessent pledged in two congressional hearings this week to cut the federal deficit to 3% of GDP, a target the government's own budget projections do ...

(The Center Square) – President Donald Trump's next budget projects federal deficits running more than double Treasury Secretary Scott Bessent's stated target through at least 2029 while also calling ...

WASHINGTON (AP) — The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates to climb in ways that are worsening affordability pressures, ...

Senate hearings are scheduled this week for several of Trump’s picks for the Cabinet. Thursday's hearings include Doug Burgum ...