Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ claim that China will bear brunt of tariffs
The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
Scott Bessent, Trump's unexpected gunslinger at the US Treasury
The 62-year-old financier, who learned the ropes with George Soros's teams in London, is pushing, as the head of the US ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
FT: Ukraine will not sign a rare earth deal with the United States in the coming days
Ukraine is unlikely to sign a mineral agreement with the United States next week, the Financial Times reports, citing three ...
Japan finance minister says he will closely communicate with US on forex
Japan Finance Minister Katsunobu Kato said on Monday that he would communicate closely with U.S. Treasury Secretary Scott ...
Ukraine may sign economic deal next week, US Treasury chief tells Fox News
U.S. Treasury Secretary Scott Bessent said on Wednesday Ukraine may sign an economic deal next week and President Donald ...
Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served as treasury secretary under President Bill Clinton, blasted Bessent’s claim ...
Georgia State Sen. Brandon Beach named U.S. treasurer
President Donald Trump on Wednesday selected Georgia state Sen. Brandon Beach to serve as the next treasurer of the United ...