US Treasury Secretary Scott Bessent said the European Union suffers from a “collective action problem” that’s hampering trade negotiations, downplaying the possibility of a quick agreement with the US’s largest trading relationship.

Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting in Geneva, with plans to meet again in the next few weeks to hash out a

Treasury Secretary Scott Bessent gives "The Ingraham Angle" an update on trade negotiations with China and their next talks with Chinese counterparts.

El secretario del Tesoro de Estados Unidos, Scott Bessent, afirmó que la Unión Europea sufre un “problema de acción colectiva” que está obstaculizando las negociaciones comerciales, restando importancia a la posibilidad de alcanzar rápidamente un acuerdo con el mayor socio comercial de EE.

Treasury Secretary Scott Bessent said Tuesday on “The Ingraham Angle” that despite Wall Street’s unease, President Donald Trump will make

Rep. Nydia Velazquez grandstands while questioning Treasury Secretary Scott Bessent about ongoing trade negotiations during a Financial Services Hearing on Wednesday: REP NYDIA VELAZQUEZ: Secretary Bessent,

U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two days of negotiations with a high-ranking Chinese delegation on ways to

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

The Treasury secretary cited progress and promised more details Monday. Beijing said the two sides agreed to start a formal negotiation process.

This is the first time we’ve met, is that correct?” she asked, attempting to make a point about Bessent not being responsive to the numerous requests she made to his office.

U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information technology budget without operational disruptions and intends to save hundreds of millions more by automating processing of paper forms.

U.S. Treasury Secretary Scott Bessent said he expects “more frictionless trade globally” as a result of President Donald Trump’s tariffs strategy. “The tariffs, the non-tariff trade barriers, currency manipulation and subsidies of labor and capital are coming down quickly.