Treasury Department – Page 2 – MOSAEC

Treasury Secretary Bessent Talks China Trade War De-Escalation and Tax Cuts

Bessent, Scott China Customs (Tariff) Taxation Treasury Department Trump, Donald J United States Economy United States Politics and Government

Treasury Secretary Bessent Talks China Trade War De-Escalation and Tax Cuts

Scott Bessent told a group of investors that he expected trade tensions with China to de-escalate.

By Alan Rappeport

Why the Bond Market Holds Sway Over Trump

Customs (Tariff) Government Bonds International Trade and World Market Protectionism (Trade) Stocks and Bonds Treasury Department United States Economy United States Politics and Government

Why the Bond Market Holds Sway Over Trump

The bond market has emerged as one of the few brakes on the White House at it pursues its agenda on trade, taxes, personnel and more.

By Colby Smith and Jason Karaian

Head of I.R.S. Being Ousted Amid Treasury’s Power Struggle With Elon Musk

Bessent, Scott Government Employees Internal Revenue Service Musk, Elon Shapley, Gary Treasury Department Trump, Donald J United States Politics and Government

Head of I.R.S. Being Ousted Amid Treasury’s Power Struggle With Elon Musk

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his knowledge.

By Jonathan Swan Andrew Duehren Alan Rappeport and Maggie Haber

Trump Has Added Risk to the Surest Bet in Global Finance

Consumer Behavior Currency Customs (Tariff) Economic Conditions and Trends Foreign Investments Government Bonds International Trade and World Market Treasury Department Trump, Donald J United States Economy United States Politics and Government

Trump Has Added Risk to the Surest Bet in Global Finance

Shocked by Trump’s trade war, foreign investors are selling U.S. government bonds, long the world’s safe haven.

By Peter S. Goodman