Asked to comment on Trump's economic picks, Trump-Vance transition spokeswoman Karoline Leavitt said in a statement: "The American people re-elected President Trump by a resounding margin giving him a ...

Still, Trump's nomination of Scott Bessent to the top Treasury post raised hopes that tariffs will be more measured. And with ...

Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...

The president-elect cares about financial markets, our columnist says. That gives investors a restraint on his decisions, ...

Government spending cuts and Elon Musk's DOGE initiative face challenges. See why cash-rich AI stocks and 1 ETF may be a ...

Another check on the administration could be the fear of tariff-induced inflation. Americans’ experience of the highest price ...

Centrally planned economies always fail. This was the case made by renowned hedge fund manager and future Donald Trump treasury secretary nominee Scott Bessent in a June speech to the Manhattan ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

Trump's promise to impose a 25% tariff on all imports from Canada and Mexico mimics his old strategy of using tariff threats ...

US Treasury bonds fell after President-elect Donald Trump threatened to slap additional tariffs on US trade partners, ...

The popular wisdom had become that he wasn’t really that serious, and the key bit of evidence for that was his nomination of ...

The president-elect made the announcement Monday on Truth Social, saying that he would institute a 25 percent tariff on goods ...