Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.

The stablecoin market is worth about $250bn, according to research from the Federal Reserve Bank of Kansas City — tiny ...

Former Treasury Secretary Lawrence Summers criticized the current U.S. Treasury Secretary Scott Bessent for weighing too ...

Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the Alaska summit between President Trump and Russian ...

Treasury Secretary Scott Bessent said the Trump administration was “laser focused” on paying down the national debt with ...

Deputy Treasury Secretary Michael Faulkender is stepping down from his post, after having played what Treasury Secretary ...

Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate ...

During a Senate Financial Services Committee hearing several weeks ago, Treasury Secretary Scott Bessent smugly mocked ...

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking ...

U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of ...

U.S. Treasury Secretary Scott Bessent’s comments on stablecoins suggest a push toward CBDCs tied to U.S. Treasuries.