US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency team who has read-only access to federal payment data, and that there’s been no “tinkering” with the department’s payment systems.

The Treasury Department will make an ally of billionaire Elon Musk’s U.S. DOGE Service the head of the department that oversees the nation’s powerful payment systems after ousting the career civil servant who previously held the post,

Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Donald Trump's tax cut permanent, rather than a temporary extension.

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.