President Trump agreed to delay tariffs on Mexico and Canada for a month after both countries pledged to do more to block drugs and migrants.

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.

The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.

As Democrats reel from defeat, Senator Elizabeth Warren, the Massachusetts progressive, preaches focus and accountability.

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

The president said the planned duties were a response to China’s failure to curb fentanyl exports.

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.

The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.

Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the...