The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell.

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term ...

President-elect Donald Trump will want to do a good deal with the UK, Chief Secretary to the Treasury Darren Jones has insisted. Jones, the chancellor's second-in-command, said he was confident UK-US ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the cost of producing the one-cent coin. “For far too long the United States has minted pennies ...

Drastic action followed by a cloud of confusion, instability and questions: That’s how many Kentuckians have experienced the ...

President Donald Trump says he will also impose "reciprocal tariffs" on any countries who place tariffs on the US.

Treasury Secretary Janet Yellen's computer was infiltrated by Chinese state-sponsored hackers. Bloomberg News reported Thursday on the intrusion, reporting that fewer than 50 unclassified files ...

President Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau (CFPB), a move which is expected to result in the halting of certain ...

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in ...

Britain is drawing up contingency plans for possible retaliation if Donald Trump decides to target its exports with tariffs, even as the US president suggested he might spare the UK. Trump told ...

The government has confirmed that it will not force businesses to accept cash payments and will allow firms to only take card ...