As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like health care and education, where, according to Bessen

Bezalel Smotrich, the Israeli finance minister, had drawn rebukes from the Biden administration for his opposition to a cease-fire in Gaza and his support for Jewish settlers in the West Bank.

Investors looking for Trump to use policy to stop the stock market from falling are likely to be disappointed, Bessent said.

As Treasury Secretary Scott Bessent and Israeli Finance Minister Bezalel Smotrich met last week to enhance economic relations between both countries, where does Israel stand economically?

Washington is ready without hesitation to tighten sanctions against the Russian energy sector if it accelerates the process of concluding a peace agreement on Ukraine.

Since the beginning of the war, countries have sanctioned Russia, but Trump implied there is a loophole that allows some countries to benefit their energy industries.

Treasury Secretary Scott Bessent said President Donald Trump's tariffs are unlikely to raise inflation, in part because China will "eat any tariffs that go on." Trump's proposed tariffs are expected to take effect on Tuesday. Bessent said Mexico has ...

President Donald Trump said Friday that he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration.

Australian Treasurer Jim Chalmers said that he had “very constructive” talks with US Treasury Secretary Scott Bessent in Washington, and that they continued the conversation on tariffs.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,

The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation.