Wally Adeyemo, the highest-ranking member of the African diaspora in the Biden administration, emigrated from Nigeria to the United States as a child.

Secretary of the Treasury is one of the most powerful and important positions in the federal government, but plenty of people don't know what this person does.

Considered one of the most important macroeconomic hedge fund managers in the world, Scott Bessent (62), the 79th Treasury Secretary of the United States and therefore one of the most powerful ...

Treasury Secretary Janet L. Yellen will hold two days of high-level meetings with her Chinese counterpart, Vice Premier He Lifeng, this week, as the United States and China look to build upon an ...

President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. "For far too long the United States has minted ...

The Senate confirmed Yellen's appointment Monday evening in a vote of 84 to 15, making her the nation's most powerful person on fiscal and monetary matters; she succeeds former Treasury Secretary ...

“I am thrilled to announce that Howard Lutnick, Chairman & CEO of Cantor Fitzgerald, will join my Administration as the United States Secretary of Commerce,” Trump, 78, said in a statement.

The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and ...

Treasury Secretary Scott Bessent said Sunday that "there are no guarantees" when it comes to a potential recession hitting the United States. "Like who would have predicted COVID?" Bessent told ...

The treasury secretary is a high-level Cabinet position charged with advising the president on matters related to financial, economic and tax policy.

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said in a statement emailed to Newsweek on Friday night.

Former US Treasury Secretary Larry Summers said on Thursday that it’s “substantially” more likely than not that the United States will enter a recession next year. Recession became “almost ...