US Treasury Secretary Scott Bessent in an interview with MSNBC spoke about how the ongoing trade negotiations with China were going well and the two countries will now look to tackle broader economic issues.

US Treasury Secretary Scott Bessent said he will meet his Chinese counterparts in Stockholm next week for their third round of trade talks aimed at extending a tariff truce and widening the discussions.

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.

The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this year.

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,