‘There are no guarantees’: Scott Bessent won’t rule out a recession
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
If Wall Street investors had hoped Scott Bessent would moderate Trump’s punishing trade policies, the Treasury secretary is taking every opportunity to disabuse them of that notion.
President Donald Trump’s decision to wage a trade war with Europe is threatening Kentucky’s bourbon producers.
Since losing his post atop the Senate HELP Committee, Bernie Sanders (I-Vt.) — the panel’s current ranking member — has unsurprisingly been frosty toward President Donald Trump’s nominees to lead the Labor Department.
Americans are increasingly worried that President Donald Trump’s policies will force the economy into a stall.
As Congress moves toward the 33rd temporary reauthorization of the National Flood Insurance Program due Friday, lawmakers are engaging in discussions on how to save a system that millions of Americans rely on.
The Senate Banking Committee is about to vote on legislation for the first time in more than 17 months, and it’s forcing Sen. Elizabeth Warren to work to stave off a crypto mutiny.
The S&P 500 tumbled into correction territory on Thursday after Trump threatened new tariffs that would test wine and whiskey budgets.
Karoline Leavitt said that domestic auto manufacturers would be temporarily exempt from the 25 percent tariffs Trump imposed on Canadian and Mexican imports.
Elon Musk’s Department of Government Efficiency is taking a buzzsaw to government contracts and workforces at politically sensitive federal agencies.