The US president said the Cabinet secretary will remain in his current post, dismissing the reports as 'fake news.'
The president said Scott Bessent does not want the role he referred to as the 'Super Intelligence czar.'
U.S. Treasury Secretary Scott Bessent announced that Washington and Beijing have agreed to extend their economic detente, as Xi Jinping began a three-day state visit to the United States.
U.S. Treasury Secretary affirms that Washington is intensifying economic pressure on Tehran and will continue pursuing entities supporting it.
US Treasury Secretary Scott Bessent says the Busan Agreement's trade de-escalation measures between Washington and Beijing will remain in force through January 10.
Japan's Satsuki Katayama suggested there may have been some 'misunderstanding' in the market after meeting US Treasury Secretary Scott Bessent, according to Anadolu Agency.
Crude prices climbed after US Treasury Secretary Scott Bessent said all Iranian airlines would be shut down starting Wednesday, fueling concern over rising Iran-US tensions.
Scott Bessent says Washington is intensifying economic pressure on Iran, complicating travel arrangements for its diplomats.
Scott Bessent tells lawmakers the US is no longer 'managing' the Iranian threat but 'ending it,' according to a report by Anadolu Agency.
Treasury Secretary Scott Bessent is expected to testify before Congress on issues including energy prices, government debt and the Trump administration's economic agenda, according to CNBC.
The Treasury secretary's planned Republican convention remarks are raising questions about market confidence, according to CNBC.
Scott Bessent's announcement came as bond yields rose to their highest since the 2008 financial crisis, according to The Guardian.
Scott Bessent made the announcement as yields rose to their highest since the 2008 financial crisis, according to The Guardian.
The announcement follows Treasury Secretary Scott Bessent's comments on easing bond market pressure, according to CNBC.
US Treasury Secretary Scott Bessent is set to reveal details of a bond buyback plan while warning foreign exchange traders that he is now central to the market, according to CNBC.