Treasury Secretary Scott Bessent, who chairs the Financial Stability Oversight Council (FSOC), is preparing a new policy letter that shifts the body away from simply tightening rules and toward ...

Treasury Secretary Scott Bessent said Tuesday that New York City Mayor-elect Zohran Mamdani is the leader of the Democratic Party during an interview on Tuesday. Speaking to CNBC host Andrew Ross ...

Treasury Secretary Scott Bessent is proposing that the Financial Stability Oversight Council change its approach to financial ...

Eli Lilly (LLY) said that a late-stage study showed its new injected medication retatrutide helped obese patients lose up to ...

Trump said he has narrowed potential choices for heading the Federal Reserve to 4 candidates, but that Treasury Secretary ...

Treasury Secretary Scott Bessent said Sunday that President Donald Trump's proposed tariffs are unlikely to raise inflation, in part because China will "eat any tariffs that go on." Stream Los Angeles ...

Bessent credited the generous tax cuts to President Donald Trump’s sweeping, budget-focused One Big Beautiful Bill Act.

CNBC’s Steve Liesman and New York Fed President John Williams joins 'Squawk Box' to discuss the state of the economy, impact ...

Treasury officials outline expectations for sizable taxpayer refunds next year as the latest tax law begins shifting household finances.

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...