Treasury Secretary Scott Bessent faced lawmakers on the House Financial Services Committee on Tuesday, amid concerns over rapidly developing artificial intelligence (AI) and surging bond yields.

The treasury secretary claimed his department was looking at ways Trump could send out the checks without congressional approval and without impacting the deficit.

This week's chatter on AI's existential threat bled into questions House Financial Services Committee members asked Treasury ...

The exchange became increasingly tense as lawmakers interrupted Bessent's responses and demanded direct answers to questions.

A tense congressional hearing erupted as Democratic Representative Jim Himes challenged Treasury Secretary Scott Bessent over the Trump administration’s economic policies and its intervention in ...

The hearing was nominally on the international finance system, including reforms to the International Monetary Fund and World Bank, but lawmakers peppered Bessent with questions about a variety of ...

By David Lawder WASHINGTON, Sept 15 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday blamed rising bond yields on "global issues" and confirmed he will meet with Chinese Vice Premier He ...

Treasury Secretary Scott Bessent testified before Congress on the international financial system, touting dollar dominance, job creation, and ...