Gold prices fell Monday as the dollar dropped and safe-haven demand returned after Moody's downgraded the U.S. government's credit rating due to ballooning debt and deficits. Moody's cut the U.S. rating to Aa1 from Aaa,

Treasury Secretary Scott Bessent joins CNN’s Jake Tapper to discuss Trump’s trade policies and concerns that his tariffs will hurt the economy.

U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will seek to refocus the group on addressing trade imbalances and non-market economic practices,

An alumnus of the first Trump White House assessed that of Trump’s Cabinet, Bessent seems to be the “most serious person in the room.”

There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.

Peter Schiff criticized Scott Bessent for downplaying Trump's tax cuts in the recent Moody's downgrade, instead blaming Biden administration.

Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, calling them “deflationary.” Trump announced a sweeping tariff plan early last month,

Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better trade deals with foreign countries, while downplaying Moody’s