U.S. Treasury Secretary Scott Bessent on Tuesday said several large trade agreements were still waiting to be completed, including with Switzerland and Indi

US Treasury Secretary Scott Bessent said on Tuesday that India has been "a bit recalcitrant" in talks with the United States, a week after Donald Trump announced an additional 25% tariff on the South Asian nation's imports.

US Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just pointing out that models suggest a “neutral” rate would be about 1.5 percentage points lower.

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary Scott Bessent said on Wednesday.

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 basis points below current levels.

Japan’s chief trade negotiator Ryosei Akazawa said US Treasury Secretary Scott Bessent isn’t directly asking Japan to hike interest rates, a day after Bessent moved markets by describing the Bank of Japan as being behind the curve in fighting inflation.

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S. Treasury Secretary Scott Bessent told Bloomberg Television, in his most explicit comment on Japan's monetary policy.

They’re behind the curve so they are going to be hiking and they need to get their inflation problem under control,” Bessent told Bloomberg TV, comments that stood in contrast to the position of Bank of Japan governor Kazuo Ueda.

Bessent called the deal "unique," before suggesting that it could be a lot less unique soon. Scholars have another word: unprecedented.

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the U.S.

The treasury secretary says giving the U.S. government a cut of revenue from such tie-ups will go toward paying down the national debt.