WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Thursday applauded the Federal Reserve's decision to cut interest rates by a quarter percentage point, but said comments casting doubt on another rate cut this year showed the institution needed a major revamp.

U.S. Treasury Secretary Scott Bessent blamed Senate Minority Leader Chuck Schumer for prolonging the government shutdown, saying Democrats need to vote to reopen the government.

Treasury Secretary Scott Bessent called out NBC host Kristen Welker for cherry-picking inflation data during a Sunday interview on “Meet

Liberals are taking to social media to call out Treasury Secretary Scott Bessent for claiming he feels the "pain" of soybean farmers because he's one of them.

U.S. Treasury Department Secretary Scott Bessent disputed NBC "Meet The Press" anchor Kristen Welker’s claim that President Donald Trump is the one not ending the ongoing government shutdown on Sunday.

Confronted with this fact by host Martha Raddatz on ABC’s This Week, Trump Treasury Secretary Scott Bessent — a former hedge fund manager who boasts a net worth of more than $500 million and who rents $25 million in farmland out to soybean farmers — tried to paint himself as the common farmer who understands American farmers’ “pain.”

Treasury Secretary Scott Bessent said during a CBS interview that Presidents Donald Trump and Xi Jinping will likely approve a TikTok sale on Oct. 30.

Scott Bessent said Ontario's anti-tariff ad, featuring quotes from Ronald Reagan, was "propaganda" aimed at swaying public opinion.